Feb 21, 2019 / 04:00PM GMT
Operator
Good morning, ladies and gentlemen, and welcome to the McEwen Mining 2018 Full Year and Q4 Conference Call. I will now hand the call over to Rob McEwen, Chief Owner.
Robert Ross McEwen - McEwen Mining Inc. - Chairman & CEO
Thank you, operator. Good morning, ladies and gentlemen. Welcome, fellow shareowners. 2018 was a milestone year for McEwen Mining. And with me today to tell you about last year and provide guidance for this year are: Chris Stewart, President and Chief Operating Officer; Sylvain Guérard, Senior Vice President, Exploration; and Andrew Elinesky, Chief Financial Officer.
The 2018 milestones were numerous. Record production growth. We produced a record 175,640 ounces of gold equivalent, which was a 15% improvement over 2017. In addition, we generated $51 million in earnings from operations. There was an emphasis on exploration, and we had our largest exploration budget ever, a total of $35 million, that resulted in mine life extension in Nevada at our Gold Bar mine. And in Timmins, it generated much enthusiasm with numerous new
Q4 2018 McEwen Mining Inc Earnings Call Transcript
Feb 21, 2019
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