McEwen Mining CEO Rob McEwen To Make Keynote Address at Mines and Money Conference in London Dec 4.
04.12.2012 | ABN Newswire
09:29 AEST Dec 4, 2012 ABN Newswire (C) 2004-2012 Asia Business News PL. All Rights Reserved.Toronto, Canada (ABN Newswire) - Rob McEwen, Chairman of McEwen Mining (NYSE:MUX) and one of North America's most successful gold miners, will be in London to make a keynote address at the Mines and Money conference at The Business Design Centre, 52 Upper Water Street, Islington, London, at 9:25 a.m.
Mr. McEwen is a much-quoted authority on world monetary, gold and mining developments in North America. Among his many achievements, he discovered and developed the world's richest gold mine - the Red Lake Mine in Northern Ontario - and went on to found Goldcorp, Inc., now one of the world's top gold producers.
An ardent advocate for gold as money and as an indispensable part of today's investment portfolio, he has long forecast that the gold price will ascend to $5,000 an ounce and as investors in the U.S. and around the world edge nearer toward the so called Fiscal Cliff - a merger of across the board tax increases and spending and entitlement cuts scheduled for the first quarter of 2012 - a growing number of market observers tend to believe that demand for gold will push the price of the metal up to new heights.
His presentation - a blend of economic and monetary assessment and forecast and its impact on gold and vice versa - is always thought provoking and much quoted by gold and market pundits in North America and aboard.
Mr. McEwen is currently Chairman of McEwen Mining (NYSE:MUX) (TSE:MUX) with production and exploration projects for gold, silver and copper in Mexico, Argentina and Nevada. He owns 25% of the $1 billion market cap company listed on the Toronto, New York and Frankfurt Exchanges.
For further information and biographical notes on Rob McEwen and details of McEwen Mining visit www.mcewenmining.com
Editors: Please note Rob McEwen is available for interviews while in London.
About McEwen Mining :
The goal of McEwen Mining (TSE:MUX) (NYSE:MUX) is to qualify for inclusion in the S&P 500 in 2015 by creating a high growth, low-cost, mid-tier gold producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49% interest); the El Gallo complex in Sinaloa, Mexico; the Gold Bar project in Nevada, US; the Los Azules Copper project in San Juan, Argentina and a large portfolio of exploration properties in Argentina, Nevada and Mexico.
McEwen Mining has 267,919,384 shares issued and outstanding. Rob McEwen, Chairman, and Chief Owner, owns 25% of the shares of the Company. As of June 30, 2012, McEwen Mining had cash and liquid assets of $38 million.
Contact:
Media Contact:
Victor Webb
Marston Webb International
T: (212) 684-6601
e-mail: marwebint@cs.com