Canadian company McEwen secures $207.2 million for its Argentine copper, silver and gold mine 'Los Azules'

Canadian mining company McEwen Copper has secured a four-year credit line to finance its Los Azules mining project in Argentina. The funding, totaling 240 million dollars (equivalent to 207.2 million euros), was acquired by the subsidiary, which is 47.3% controlled by the parent company, to support the development of the copper, silver, and gold deposit.

Separately, Ecuadorian President Daniel Noboa addressed national social security funds, estimating that the institution holds approximately 2,000 million dollars in idle assets. The president suggested that liquidating these assets could assist in funding and improving the operational capacity of the Ecuadorian Social Security Institute.