20190730_q2_operating_financial_results
TORONTO, July 30, 2019 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) announces its results for the second quarter and first half ended June 30, 2019 (“Q2” and “H1”). Total production during Q2 was 36,216 gold ounces and 850,525 silver ounces, or 45,881 gold equivalent ounces(1) (“GEOs”) using the average gold:silver price ratio during Q2 of 88:1. Our San José and El Gallo mines exceeded our production targets during the quarter. Our other two operations, the Gold Bar and Black Fox mines, performed better than in Q1, but below our production and earnings forecasts. This contributed to our consolidated net loss during Q2 of $13.0 million(2), or $0.04 per share.