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McEwen Mining files US$200M prospectus

McEwen Mining Inc. on Aug. 8 filed a base shelf prospectus covering financings of up to US$200 million.

Under the prospectus, the company may issue securities from time to time after the registration becomes effective.

McEwen Mining recently redefined the mine life of its Fenix gold project, part of the El Gallo Complex in Mexico, to 12 years.

Earlier in the year, the company outlined plans to issue up to US$50 million in senior secured notes to help fund construction of its Gold Bar mine in Nevada.