McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), a precious metals producer with operations across the Americas and strategic exposure to copper, has joined IBN's BillionDollarClub, a platform that highlights companies with a market capitalization exceeding $1 billion. This recognition reflects McEwen Mining's diversified asset base, active trading liquidity, and long-term growth strategy anchored by producing mines, development-stage projects, and its significant interest in McEwen Copper.
Led by founder and Chairman Rob McEwen, who owns approximately 15% of MUX and has invested more than $200 million in the company and its copper platform, McEwen Mining combines strong insider alignment with leverage to precious metals and copper markets. McEwen's objective is to build the company's profitability and share value, eventually implementing a dividend policy similar to his success with Goldcorp Inc. He receives a salary of $1 per year, further aligning his interests with shareholders.
McEwen Mining provides shareholders with exposure to a growing base of gold and silver production from mines in Nevada, USA (Cortez Trend), Ontario, Canada (Timmins district), and Santa Cruz, Argentina (Deseado Massif). The company is also considering reactivating a gold and silver mine in Mexico. Additionally, McEwen holds a 46.4% interest in McEwen Copper, which owns the advanced-stage Los Azules copper development project in San Juan, Argentina. According to the last financing for McEwen Copper, the implied value of McEwen's ownership interest is US$456 million.
The Los Azules copper project is designed to be one of the world's first regenerative copper mines and aims to be carbon neutral by 2038. Results of its Feasibility Study were announced in a press release dated October 7, 2025. Rob McEwen, a recipient of the Order of Canada, member of the Canadian Mining Hall of Fame, and winner of the EY Entrepreneur of the Year (Energy) award, continues to steer the company toward value creation as commodity demand and project advancement continue.
BillionDollarClub is a specialized communications platform focusing on large companies covered by IBN. It provides access to a vast network of wire solutions, article syndication to 5,000+ outlets, enhanced press release distribution, social media distribution, and tailored corporate communications solutions. For more information on the BillionDollarClub, visit https://www.BillionDollarClub.com.
