Mine
News Article
The company announced that its Fenix project in Sinaloa will be operational for almost 10 years.
El Gallo mine, Sinaloa
Roundtable
Octavio Alvídrez
Octavio Alvídrez
CEO of Fresnillo

Gold, from ancient times to now, has been an indisputable store of wealth and also a way to hedge against geopolitical volatility and inflation. It is a well-regulated and established market. In the 1990s, we went through a crisis when central banks started to sell their gold holdings. This caused the price of gold to collapse, but afterward, the geopolitical situation forced central banks to understand the role of gold in maintaining wealth and therefore their holdings. Gold has a well-established role in the market while cryptocurrencies still have to be regulated and understood to compete with precious metals. It can be used to complement gold investments but cannot replace it at the moment as the role of cryptocurrencies in the market is still not fully defined.

After the price of a bitcoin surged ahead of gold for the first time ever in March 2017, talk abounds of whether these new technologies can replace…
Rob McEwen
View from the Top
Rob McEwen
Chief Owner
McEwen Mining
McEwen Mining is a growing gold and silver producer in the Americas. Its principal assets are located in Argentina, Nevada and Ontario.
Spotlight Gold Vs Bitcoin
Analysis
In March 2017, the value of bitcoins surpassed the price of gold by breaking the US$1,200 benchmark.
Exploration budget in latin america by country in 2017
Analysis
Exploration is the backbone of the mining industry, ensuring there are enough mines in development to replenish exhausted projects.
analysis1
Analysis
The combination of higher revenues, more efficient operations and attractive projects for sale have allowed the M&A market to blossom throughout…
rob-mcewen
Roundtable
Rob Mcewen
Chief Founder
McEwen Mining

Our approach is opportunistic. We like to buy assets that are unloved by the market. While a distress asset purchase will guarantee more work, the low purchase price limits the downside price and offer good upside potential. For example, our recently acquired Black Fox complex was originally purchased by Primero Mining in 2014 for US$300 million along with the assumption of US$140 million in liabilities. Then they invested US$120 million bringing their total investment to US$560 million. We bought it for US$35 million, which was equivalent to paying 6 cents for every dollar they invested. It came with over 1 million ounces in resources, annual production of 40-50,000 ounces of gold however with a short mine life, an operating mill with excess capacity, numerous exploration targets and a US$190 million-dollar tax pool, which means we can shelter US$190 million of future profits.

Mexico Mining Review asked those that came out swinging after the downturn what they look for in their ideal mining project.
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