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McEwen Inc. Appoints Ian Ball as Vice-Chairman to Drive Strategic Growth Initiatives

By Burstable Editorial Team

TL;DR

McEwen appoints Ian Ball as Vice-Chairman to leverage his proven track record of 74% CAGR growth and drive strategic initiatives to double production by 2030.

Ian Ball's new role focuses on advancing exploration, capital allocation, and long-term growth opportunities to support McEwen's operational and financial expansion plans.

McEwen's development of regenerative and carbon-neutral copper mines aims to create sustainable mining practices that benefit the environment and local communities.

Rob McEwen invests $205 million personally and takes a $1 salary, demonstrating deep commitment to building shareholder value and establishing dividends.

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McEwen Inc. Appoints Ian Ball as Vice-Chairman to Drive Strategic Growth Initiatives

McEwen Inc. (NYSE: MUX) (TSX: MUX) has appointed Ian Ball as Vice-Chairman, a newly created executive position designed to support the company's strategic growth initiatives. Ball, who has served as an independent director since 2022, brings significant industry experience to the role, having previously led Abitibi Royalties Inc. as President and CEO, where he achieved a 74% compound annual growth rate in share price from 2014 to 2021. His earlier tenure as President of McEwen Mining further strengthens his qualifications for this critical position.

As Vice-Chairman, Ball will focus on advancing exploration activities, optimizing capital allocation, and identifying long-term growth opportunities. His appointment comes at a pivotal time for McEwen Inc., which has announced ambitious plans to double production by 2030. The company's growth strategy includes developing its Los Azules copper project in Argentina, which aims to become one of the world's first regenerative copper mines and achieve carbon neutrality by 2038. This environmental focus positions McEwen at the forefront of sustainable mining practices in the industry.

Chairman and Chief Owner Rob McEwen emphasized that Ball's unique blend of operational expertise and capital markets experience will be instrumental in shaping the company's next chapter. McEwen, who has a personal investment of $205 million in the company and takes a symbolic salary of $1 per year, brings his own distinguished background to the leadership team. As a recipient of the Order of Canada and member of the Canadian Mining Hall of Fame, McEwen previously built Goldcorp Inc. into a industry leader, and his objective for McEwen Inc. is to build share value and establish a dividend for shareholders.

The company's portfolio includes producing mines in the USA, Canada, and Argentina, providing shareholders with exposure to gold, copper, and silver assets across the Americas. Additionally, McEwen maintains a gold and silver mine on care and maintenance in Mexico. The appointment of Ball as Vice-Chairman signals the company's commitment to aggressive growth and operational excellence in the competitive mining sector. For investors seeking additional information, the company maintains a newsroom at https://ibn.fm/MUX where updates and developments are regularly posted.

This executive appointment reflects the growing importance of experienced leadership in navigating the complex challenges facing the mining industry, including environmental sustainability, capital efficiency, and production scaling. Ball's proven track record in delivering shareholder value through both operational performance and strategic positioning makes him particularly well-suited to drive McEwen's ambitious growth targets while maintaining focus on sustainable mining practices that are increasingly demanded by investors and regulators alike.

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Burstable Editorial Team

Burstable Editorial Team

@burstable

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