Production at the new Gold Bar and Black Fox mines of Canadian miner McEwen Mining has been a “big disappointment”, chief owner Rob McEwen said on Tuesday, announcing a further cut in the company’s 2019 guidance.
The company lowered its guidance for Black Fox, in Ontario, to between 36 000 oz and 40 000 oz and for Gold Bar, in Nevada, to between 30 000 oz and 33 000 oz.