McEwen Copper Advances Los Azules Toward FID

Published: Aug 11, 2026 09:57

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TNR Gold said McEwen Copper is advancing engineering and financing work for the Los Azules copper project in Argentina, moving it closer to a final investment decision. About 27% of the planned FID work program had been completed as of June 30, with the remainder targeted for completion in Q4. A 2025 feasibility study outlined average annual production of 205,000 tonnes of copper cathodes in the first five years, with cash costs of $1.71/lb over an initial 22-year mine life. Construction is targeted for early 2027 and production for 2030, subject to financing and approvals.

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