Junior gold miner McEwen Mining Inc. (MUX) has reported a 2013 production increase of 33% year-on-year and Q4 results at 15% over 2012’s Q4; this year’s guidance is roughly aligned with last year’s results. For the full-year, said McEwen officials, total production stood at 139,455 gold equivalent oz comprised of 79,158 gold oz and more than 3.1 million silver oz. In Q4, meanwhile, the company produced 37,167 gold eq oz.
Chairman and chief owner Rob McEwen said that, along with ongoing “organic” growth, the company is weighing mergers and acquisitions. “Our ideal candidate would increase our production, lower our cost profile, and have cash and free cash flow,” he said.