Every 10-K that McEwen Inc (MUX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow MUX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MUX filings page.
McEwen Inc. filed Amendment No. 2 to its annual report to add separate financial statements for Minera Santa Cruz S.A. (MSC), a significant equity investee in which it holds a 49% ownership interest. These MSC statements are prepared under IFRS to satisfy Rule 3-09 of Regulation S-X.
The company cautions that MSC results included in its annual report are presented under US GAAP and may differ from the standalone IFRS statements. Other disclosures from the original filing are not updated, and readers are directed to review this amendment together with the original report and subsequent SEC filings.
As of June 30, 2025, non-affiliate equity market value was $519,882,572 based on a $9.61 NYSE share price, and 59,452,799 common shares were outstanding on March 16, 2026.
McEwen Inc. is amending its annual report for the year ended December 31, 2025 to add separate audited financial statements for McEwen Copper Inc., which is a significant equity investee in which it holds a 46.3% ownership interest. These McEwen Copper statements are prepared under IFRS, while the investee results in McEwen Inc.’s annual report are presented under US GAAP, so figures may differ. As of June 30, 2025, the aggregate market value of common equity held by non-affiliates was $519,882,572 based on a NYSE closing price of $9.61 per share, and there were 59,452,799 shares outstanding on March 16, 2026. The amendment also files auditor consents and new CEO and CFO certifications, but does not otherwise update the original disclosures.
McEwen Inc. filed its annual report outlining 2025 operations, mineral reserves and key risks across its gold, silver and copper portfolio in the Americas. The company operates the Gold Bar Mine Complex in Nevada, the Fox Complex and Froome mine in Ontario, El Gallo in Mexico, and holds a 49% interest in the San José mine and a 46.3% interest in McEwen Copper’s Los Azules project in Argentina.
In 2025, attributable production totaled 115,687 gold equivalent ounces, including 33,227 GEOs from Gold Bar, 23,187 from Fox, 1,152 from El Gallo and 58,120 from San José. Gold and silver revenues were $116.7 million from Gold Bar, $76.0 million from Fox and $4.8 million from El Gallo, with $225.2 million from San José on a 49% basis accounted for under the equity method.
At December 31, 2025, proven and probable reserves included 0.3 million ounces of gold at Gold Bar and San José, 5.2 million ounces of silver at San José, and 4.7 billion pounds of copper at Los Azules. Measured and indicated resources exclusive of reserves were 3.93 million ounces of gold, 35.1 million ounces of silver and 1.1 million tonnes of copper, with additional inferred resources of 3.86 million ounces of gold, 79.1 million ounces of silver and 4.2 million tonnes of copper.
For 2025, McEwen generated pre-tax income of $6.9 million but carries an accumulated deficit of $1.3 billion. The company highlights dependence on volatile metal prices, significant reclamation obligations of $45.9 million, and leverage that includes a $20.0 million secured credit facility and $110.0 million of 5.25% convertible notes due 2030, alongside extensive operational, permitting and environmental risks.
McEwen Mining Inc. (NYSE: MUX) filed Amendment No. 2 to its FY 2024 Form 10-K to comply with Rule 3-09 of Regulation S-X. The filing adds full IFRS-based financial statements for Minera Santa Cruz S.A. (MSC), a 49%-owned equity investee that exceeded the 20% significance threshold in 2022-2024. Key inclusions are: Statements of Financial Position (12/31/24 & 12/31/23), Statements of Profit/Loss, OCI, Changes in Equity, and Cash Flows for 2022-2024, plus accompanying notes.
The amendment also furnishes: (i) Ernst & Young LLP consent, (ii) independent auditors’ consent for MSC, and (iii) new CEO/CFO Section 302 and 906 certifications. No revisions were made to McEwen’s previously reported US-GAAP results, and the company cautions that MSC’s IFRS figures may differ from the equity method amounts already reflected in MUX’s GAAP financials. Aside from the added exhibits, all other disclosures remain as of the original filing date (14 Mar 2025); the document does not update subsequent events or guidance.
As of 30 Jun 2024, McEwen’s non-affiliate market cap was $468.9 million (53.9 million shares at $9.18). The company remains an accelerated filer, non-shell issuer, and its auditor continues to report on internal controls under SOX 404(b).