McEwen Eyes Copper IPO as Soon as November for Argentina Project
- Offering could be in the range of $100 million to $150 million
- Entrepreneur is in talks with sources of construction capital
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Canadian mining entrepreneur Rob McEwen said he’s weighing financing options for a copper project in Argentina, with an initial public offering possible as soon as November.
While McEwen Copper Inc. is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study. The IPO could be in the range of $100 million to $150 million, although another private financing round is also an option, McEwen and copper unit chief Michael Meding both said in an interview.