MUX to Generate Additional Capital From Non-Core Timmins Asset Sale
McEwen will sell its non-core Timmins assets for $55 million. The company says the capital will fund mine development as it targets 250,000–300,000 gold-equivalent ounces by 2030.
Why it matters — MUX watchers may be interested in how the sale proceeds are intended to support mine development and the company’s stated production target.