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McEwen Mining MUX Exploration Costs
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Where this comes from
Reported directly by McEwen Mining in its filing.
Tagged under the XBRL concept us-gaap:ExplorationCosts.
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
| Line item | Three months ended March 31, 2026 | Three months ended March 31, 2025 |
|---|---|---|
| Gross profit | 31,495 | 10,070 |
| OTHER OPERATING INCOME (EXPENSES): | ||
| Advanced projects | (4,779) | (1,684) |
| Exploration | (5,459) | (3,681) |
| General and administrative (Note 19) | (9,464) | (3,369) |
| Income (loss) from equity method investments (Note 9) | 30,338 | (8,068) |
| Depreciation | (167) | (150) |
| Reclamation and remediation | (722) | (758) |
Item 1. Financial Statements (unaudited)
FAQ
- What is McEwen Mining's exploration costs?
- McEwen Mining (MUX) reported exploration costs of $5.46M in Q1 2026.
- How has McEwen Mining's exploration costs changed year-over-year?
- McEwen Mining's exploration costs increased by 48.3% year-over-year, from $3.68M to $5.46M.
- What is the long-term trend for McEwen Mining's exploration costs?
- Over 4 years (2021 to 2025), McEwen Mining's exploration costs has grown at a -0.5% compound annual growth rate (CAGR), from $22.6M to $22.2M.
- What does exploration costs mean?
- This represents expenditures related to searching for new mineral deposits or evaluating the potential of existing properties to extend mine life. It is a critical investment for mining companies to replace depleted reserves and ensure future production sustainability. High levels of exploration spending indicate a focus on long-term growth, though it carries inherent geological and financial risk.
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