McEwen Mining Inc. reported on January 28, 2025, its full-year 2024 consolidated production of 135,900 gold equivalent ounces (GEOs), which was within the company's guidance range. Gold Bar and San Jose operations slightly exceeded the top end of their respective guidance ranges, producing 44,600 and 60,100 GEOs.
The Fox Complex produced 30,150 GEOs, falling below its annual guidance due to a stope failure earlier in 2024. For 2025, McEwen Mining expects consolidated production to be between 120,000 and 140,000 GEOs attributable to MUX from all operations.
The lower end of the 2025 production range is attributed to the planned transition of production at the Fox Complex from the Froome mine to the Stock mine in late 2025. Commercial production from the Stock project is now anticipated in early 2026 due to permitting delays, while Gold Bar expects lower production in the first half of 2025 due to scheduled high waste stripping.
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