https://www.miningweekly.com

McEwen’s Black Fox fourth-quarter mine production exceeds expectations

5th January 2021

By: Donna Slater

Features Managing Editor and Chief Photographer

     

Font size: - +

NYSE- and TSX-listed gold and silver producer McEwen Mining has reported consolidated gold production for the 2020 full year of 92 100 oz and 2.02-million ounces of silver, or 115 600 gold-equivalent ounces at a gold:silver ratio of 86:1.

Consolidated production for the fourth quarter of 2020 was 24 100 gold ounces and 532 400 silver ounces, or 31 100 gold-equivalent ounces at an average gold:silver ratio of 77:1.

For the fourth quarter, McEwen’s attributable production from its San José mine, in Argentina, was 531 500 silver ounces and 8 700 gold ounces, or 15 600 gold-equivalent ounces, which was in line with the miner’s expectations.

McEwen’s Black Fox mine in Canada produced 8 000 gold-equivalent ounces, exceeding the miner’s expectations.

The miner’s Mexico-based El Gallo mine produced 1 500 gold-equivalent ounces from residual leaching.

Meanwhile, McEwen also reports that work on the Fox Complex preliminary economic assessment (PEA) is ongoing. The addition of several other key properties has expanded the scope of the PEA and, as a result, it is now expected to be completed in the second quarter of the year.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
Roytec Global (Pty) Ltd
Roytec Global (Pty) Ltd

Roytec Global is an international company specializing in liquid / solid and mineral separation technologies for the Mining and Industrial sectors.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (03/07/2026)
3rd July 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.069s - 110pq - 2rq
Subscribe Now