STOCK TITAN

Argentina backs McEwen Inc. (NYSE: MUX) Los Azules copper project

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

McEwen Inc. filed a Form 8-K to share that its equity investee, McEwen Copper Inc., has received approval for the Los Azules copper project to participate in Argentina’s Large Investment Incentive Regime, a program designed to promote strategic investments that support the country’s productive development.

The company furnished a press release as an exhibit and emphasized that the release includes forward-looking statements about both McEwen Inc. and McEwen Copper Inc., which are subject to significant business, economic, political, and operational risks, including potential changes to Argentina’s incentive regime and typical mining industry uncertainties.

Positive

  • None.

Negative

  • None.

Insights

Regime approval may enhance project economics but impact depends on future execution.

The approval of the Los Azules project to participate in Argentina’s Large Investment Incentive Regime signals governmental support for a major copper development associated with McEwen Copper Inc., an equity investee of McEwen Inc.. Such regimes typically target long-term, capital-intensive projects.

The disclosure highlights extensive forward-looking risk factors, including fluctuations in precious metal prices, political and social risks in foreign operations, permitting challenges, and the possibility that Argentina’s incentive regime could be curtailed, extinguished, or amended. These caveats underscore that outcomes for Los Azules are uncertain.

The filing directs readers to existing risk factor discussions in the company’s Form 10-K for the year ended December 31, 2024. Future company filings and updates on McEwen Copper Inc.’s progression at Los Azules will frame how this policy approval interacts with construction, permitting, and capital market conditions over time.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):        September 26, 2025  

 

McEWEN INC.

(Exact name of registrant as specified in its charter)

 

Colorado   001-33190   84-0796160
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

150 King Street West, Suite 2800

Toronto, Ontario, Canada

M5H 1J9
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number including area code:       (866) 441-0690

 

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   MUX   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On September 26, 2025, McEwen Inc. (the “Company”) issued a press release announcing the approval of McEwen Copper Inc.’s, an equity investee of the Company, Los Azules copper project to participate in Argentina’s Large Investment Incentive Regime, a key policy instrument to promote strategic initiatives that drive Argentina’s productive development. A copy of the press release is furnished with this report as Exhibit 99.1.

 

The information furnished under this Item 7.01, including the referenced exhibit, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)Exhibits. The following exhibits are furnished or filed with this report, as applicable:

 

Exhibit No.   Description
99.1   Press Release, dated September 26, 2025
104   Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

 

Cautionary Statement

 

With the exception of historical matters, the press release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as of the date of the press release, are the Company's estimates, forecasts, projections, expectations, or beliefs as to future events and results for both its consolidated operations and those of McEwen Copper Inc. Forward-looking statements and information regarding the Company and McEwen Copper Inc. are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Company management, are inherently subject to significant business, economic, and competitive uncertainties, risks, and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the Company to receive, receive in a timely manner or retain permits or other approvals required in connection with operations, the risk that Argentina’s Large Investment Incentive Regime may be curtailed, extinguished or amended, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, foreign exchange volatility, foreign exchange controls, foreign currency risks, as well as other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See the Company’s Annual Report on Form 10-K for the fiscal year ended December 31st, 2024, and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company and McEwen Copper Inc. All forward-looking statements and information made in the press release are qualified by this cautionary statement.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  McEWEN INC.
   
Date: September 29, 2025 By: /s/ Carmen Diges
    Carmen Diges, General Counsel

 

 

 

FAQ

What did McEwen Inc. (MUX) disclose about the Los Azules project?

McEwen Inc. disclosed that McEwen Copper Inc.’s Los Azules copper project was approved to participate in Argentina’s Large Investment Incentive Regime. This regime is described as a key policy tool to promote strategic initiatives that support Argentina’s productive development and long-term investment.

What is Argentina’s Large Investment Incentive Regime mentioned by McEwen Inc. (MUX)?

Argentina’s Large Investment Incentive Regime is described as a key policy instrument aimed at promoting strategic initiatives that drive the country’s productive development. McEwen Copper Inc.’s Los Azules project being allowed to participate links the project to this national investment and development framework.

Does McEwen Inc. (MUX) treat the Los Azules approval as forward-looking?

Yes. The company notes that, apart from historical matters, the related press release contains forward-looking statements about McEwen Inc. and McEwen Copper Inc. These are based on estimates and assumptions and may differ materially from actual future results due to numerous risks and uncertainties.

What key risks does McEwen Inc. (MUX) associate with the Los Azules project and incentive regime?

The company cites risks including metal price fluctuations, mining industry and construction risks, political and social risks in foreign operations, permitting challenges, environmental hazards, capital market conditions, foreign exchange issues, and the specific risk that Argentina’s Large Investment Incentive Regime may be curtailed, extinguished, or amended.

Where does McEwen Inc. (MUX) direct investors for more risk information?

McEwen Inc. directs readers to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and other SEC filings under the “Risk Factors” heading. These documents provide additional detail on uncertainties affecting both the company and McEwen Copper Inc.’s operations.

Is the McEwen Inc. (MUX) press release about Los Azules considered filed with the SEC?

No. The company states that the information under Item 7.01, including the press release furnished as Exhibit 99.1, is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into Securities Act filings unless expressly referenced.