McEwen Inc. (NYSE: MUX) (TSX: MUX) reported strong fourth-quarter and full-year 2025 results, highlighting net income and adjusted EBITDA growth as the company advances its strategy to increase production to 250,000–300,000 gold equivalent ounces by 2030. The company expects to generate $80 million in free cash flow from its wholly owned operations and more than $50 million in dividends from its 49% stake in the San José mine during 2026.
McEwen also reported progress across its key development assets in Canada, the U.S., Mexico and Argentina. Notably, the Los Azules copper project recently secured approval under Argentina’s RIGI investment regime and is supported by a feasibility study outlining a 22-year mine life. The project is designed to be one of the world’s first regenerative copper mines and aims for carbon neutrality by 2038. According to the last financing for McEwen Copper, the implied value of McEwen’s ownership interest is US$456 million. The feasibility study results were announced in a press release dated October 7, 2025.
Chairman and Chief Owner Rob McEwen has invested over US$200 million personally and takes a salary of $1 per year, aligning his interests with shareholders. He is a recipient of the Order of Canada, a member of the Canadian Mining Hall of Fame and a winner of the EY Entrepreneur of the Year (Energy) award. His objective is to build MUX’s profitability, share value and eventually implement a dividend policy, as he did while building Goldcorp Inc.
For the full press release, visit https://ibn.fm/dnP4D. The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX.
