Welcome to our dedicated page for McEwen SEC filings (Ticker: MUX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
McEwen Inc. filings document operating results, mineral-project disclosures, governance matters and capital-structure information for a metals mining company with common stock registered on the New York Stock Exchange under MUX. Form 8-K reports furnish quarterly and annual financial and operating results, Regulation FD updates, drill results and mineral resource disclosures for projects such as Gold Bar and Tartan.
Proxy filings cover annual meeting matters including director elections, auditor ratification and share-issuance proposals under exchange listing rules. The filing record also includes notices related to annual-report timing, exhibits to material-event reports, security registration details and disclosures involving shareholder votes, material agreements and corporate governance.
McEwen Inc. (MUX) reports that its 46.3%-owned subsidiary McEwen Copper Inc. has closed a $240 million senior secured 4-year term loan facility with a lender syndicate to advance the Los Azules copper project in San Juan, Argentina and for general corporate purposes. Participants include $112 million from Sprott Natural Resource Investment Partners and $85 million from Rob McEwen, with other lenders providing $43 million. The loan bears 12.0% annual interest, payable monthly, and may be prepaid with a 5% principal fee.
Lenders received 15,000 McEwen Copper warrants per $1 million of principal, each with a $40 exercise price and 5‑year term. Work at Los Azules is progressing toward a final investment decision expected in mid‑2027, with commercial copper cathode production targeted for 2030, subject to financing and approvals. McEwen holds a 1.25% NSR royalty on Los Azules, projected to generate approximately $584 million from the initial case and $860 million from the potential Nuton extension, for combined undiscounted pre‑tax royalty cash flow of about $1.4 billion based on the 2025 Feasibility Study and a $6.50/lb copper price.
McEwen Inc. (MUX) reported that Chief Operating Officer and director William Shaver retired from both roles at the company effective August 24, 2026; the retirement is stated not to result from any disagreement. He continues to serve on the board of McEwen Copper, in which McEwen holds a 46.3% interest.
McEwen promoted Channa Kumarage to Vice President, Operations; Kevin Bromfield to Vice President, Development Projects; and Zahir Jina to Vice President, Permitting, Government Relations and Sustainability, aligning leadership with its goal of reaching 250,000–300,000 GEOs by 2030. The company highlights a large copper development portfolio, including Los Azules in Argentina and a 1.25% NSR on that project.
Based on McEwen Copper’s October 2024 financing, the implied value of McEwen’s stake is US$456 million$6.50/lb, the 2025 Feasibility Study projects undiscounted pre-tax royalty cash flow of about $584 million from the initial case and $860 million from the Nuton extension, for approximately $1.4 billion combined. Chairman and Chief Owner Rob McEwen has personally invested over US$290 million and takes a $1 annual salary.
McEwen Inc. reported stronger Q2 2026 results. Revenue rose 27% to $59 from $46 on sales of 13,948 GEOs, as the average realized gold price increased to $4,454 per GEO from $3,298. Gross profit was $20 versus $12 a year earlier. Net income increased to $9 or $0.16 per share, compared with $3 or $0.06. Adjusted EBITDA grew to $22 or $0.37 per share from $17 or $0.32. Cash and equivalents were $78 at June 30, 2026, up from $51 at year-end, with debt principal steady at $130. McEwen received a $49 dividend from the San José Mine in Q2, bringing 2026 dividends to $58, above the prior $40–$50 target.
Consolidated Q2 production was 13,852 GEOs, and 2026 guidance is 109,000–120,000 GEOs. At the Fox Complex, Q2 output was 7,000 GEOs with AISC of $2,701 per GEO; 2026 guidance was increased to 20,000–23,000 GEOs, and the Stock Mine life was extended to 8.5 years. At the Gold Bar Complex, Q2 production was 5,842 GEOs, with AISC rising to $3,197; 2026 production guidance was reduced to 30,000–33,000 GEOs and cost guidance raised to $2,900–$3,200 per GEO. Management still targets 250,000–300,000 GEOs of annual production by 2030, supported by Fox, Gold Bar growth projects, San José (targeting 60,000–70,000 attributable GEOs per year), El Gallo Phase 1 in Mexico (about 20,000 GEOs per year from H2 2027), and its 46.3% stake in McEwen Copper’s Los Azules project, which has an implied value of $457 and a feasibility study outlining 205 ktpa initial copper production at a C1 cash cost of $1.71/lb over 22 years.
McEwen Inc. has a new institutional ownership disclosure showing that entities affiliated with State Street Corporation hold a significant position in the company’s common stock. As of June 30, 2026, State Street Corporation reports beneficial ownership of 4,254,591 shares, representing 7.1% of the common stock, with shared voting power over 4,157,537 shares and shared dispositive power over 4,254,591 shares, and no sole voting or dispositive power.
Separately, SSGA Funds Management, Inc., also based in Massachusetts, reports beneficial ownership of 3,296,236 shares, or 5.5% of the class, with shared voting power over 3,290,136 shares and shared dispositive power over 3,296,236 shares. Several State Street asset management and trust subsidiaries are identified as the entities through which these holdings are maintained.
McEwen Inc. reported stronger results for the quarter and six months ended June 30, 2026. Revenue from gold and silver sales rose to $59,234 for the quarter and $133,283 year‑to‑date, compared with $46,700 and $82,396 in 2025.
Quarterly net income increased to $9,606 (basic EPS $0.16) versus $3,040, while year‑to‑date net income swung to $42,985 from a $3,230 loss. Operating income for the first half reached $48,947, supported by higher mine gross margins and a $50,057 equity‑method contribution from Minera Santa Cruz S.A., which also paid $58,283 in dividends.
Cash, cash equivalents and restricted cash grew to $83,520 at June 30, 2026, from $55,261 at year‑end, as operating activities generated $58,324 in cash. Total assets were $992,106 and shareholders’ equity $706,636, reflecting the completed acquisitions of Canadian Gold Corp. and Golden Lake Exploration and continued investment in the Fox Complex and other projects.
McEwen Inc. Chairman and CEO Robert Ross McEwen reported acquiring 1,526,785 shares of common stock on July 27, 2026, in exchange for 67,857,111 Canadian Gold Corp. shares under a business combination at a 0.0225 share-for-share ratio. He now holds 1,526,785 shares directly, plus 8,236,647 indirectly through a wholly owned corporation and 35,280 via his spouse.
BlackRock, Inc. reports beneficial ownership of the common stock of MCEWEN INC. BlackRock and its reporting business units hold 4,641,621 shares of MCEWEN INC common stock, representing 7.7% of the class. Of these shares, 4,563,369 are subject to sole voting power and all 4,641,621 are subject to sole dispositive power, with no shared voting or dispositive power reported.
The shares are held across various clients and accounts; multiple persons have rights to dividends or sale proceeds, but no individual client holds more than five percent of MCEWEN INC’s outstanding common shares.
McEwen Inc. director Richard W. Brissenden reported an open-market sale and an option exercise involving the company’s common stock. On June 29, 2026, he sold 3,275 shares at a weighted average price of $18.1289 per share, in multiple trades between $18.07 and $18.19. He also exercised stock options to acquire 8,333 common shares at $7.10 per share, fully eliminating that option position. After these transactions, he directly holds 18,022 common shares.
McEwen Inc. VP Finance Jeffrey Chan exercised restricted stock units into common shares as part of equity compensation. On June 28, 2026, he acquired 588 shares of common stock from one vested RSU award and 248 shares from another, both at a stated price of $0.00 per share.
The underlying RSU grants had vested as to 1,266 units and 533 units, respectively, with 678 units and 285 units from those grants settled for cash instead of shares. Following these transactions, Chan directly held 4,775 shares of McEwen Inc. common stock, reflecting routine equity award settlement rather than any open‑market trading.
McEwen Inc. director Ian J. Ball exercised restricted stock units that vested on June 29, 2026, receiving 160 shares of common stock and cash for 150 vested units. Following the transaction, he directly holds 320 shares of common stock and 310 remaining restricted stock units that are scheduled to vest on December 20, 2026.