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McEwen Mining MUX NV — Surety Bonds Bonding Obligation
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Where this comes from
Reported directly by McEwen Mining in its filing.
Tagged under the XBRL concept mux:SuretyBondsBondingObligation.
The source filing: McEwen Mining’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 5:04 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001104659-26-056349
As part of its ongoing business and operations, the Company is required to provide bonding for its environmental reclamation obligations. As at March 31, 2026, the Company had surety facilities in place to cover its bonding obligations, which include $35.8 million of bonding in Nevada pertaining primarily to the Tonkin and the Gold Bar properties and $13.6 million (C$18.9 million) of bonding in Canada with respect to the Fox Complex.
Item 1. Financial Statements (unaudited)
FAQ
- What is McEwen Mining's NV — surety bonds bonding obligation?
- McEwen Mining (MUX) reported NV — surety bonds bonding obligation of $35.8M in Q1 2026.
- How has McEwen Mining's NV — surety bonds bonding obligation changed year-over-year?
- McEwen Mining's NV — surety bonds bonding obligation increased by 10.8% year-over-year, from $32.3M to $35.8M.
- What does NV — surety bonds bonding obligation mean?
- This metric represents the total financial guarantee or collateral requirement held by the company to cover potential environmental reclamation and closure liabilities for mining operations within a specific geographic segment. It reflects the company's regulatory commitment to restore land post-extraction and serves as a measure of long-term environmental liability exposure. Monitoring this obligation is critical for assessing the capital intensity of site decommissioning and the company's ongoing regulatory compliance costs.
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