capital · May 20, 2026
McEwen Copper Appoints Societe Generale for Los Azules Project Debt Financing
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McEwen Copper Inc. retained Societe Generale on May 14, 2026 as sole financial advisor for senior debt package to fund construction of the Los Azules copper project in San Juan Province, Argentina. The mandate includes financing strategy development, due diligence coordination and lender negotiations. McEwen Copper targets Final Investment Decision by year-end 2026 with construction start in early 2027 and production in 2030. TNR Gold Corp. holds a 0.4% NSR royalty on the Los Azules project projected to generate pre-tax $520.5 million at recent copper spot price of $5.80 per pound over 22-year mine life.
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