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McEwen swings back into the black on strong asset performance

Precious metals producer McEwen Mining has reported a profit for 2016 of $21.1-million, or $0.07 a share, compared with a net loss of $20.5-million, or $0.07 a share in 2015.
The Colorado-incorporated miner, which operates the El Gallo mine, in Mexico, and has a 49% interest in the San José mine, in Argentina, said Wednesday improved result was attributable to the strong financial performance achieved at both its mines.