Black Fox gold-silver complex near Timmins, Ont. Credit: McEwen Mining
Consolidated production by McEwen Mining for the first quarter included 23,300 oz. of gold and 493,200 oz. of silver, or 30,600 gold equivalent ounces. That number is down 13% from 35,100 gold equivalent ounces for the first quarter of 2020.
The company has set its 2021 guidance at 141,000 to 160,000 oz. gold equivalent or 110,500 to 127,900 oz. of gold and 2.30 million to 2.45 million oz. of silver. The mid-range of planned gold output is up almost 30% from the full year 2020 production of 92,100 oz.
