Q1 2019 McEwen Mining Inc Earnings Call Transcript

May 01, 2019 / 03:00PM GMT
Operator

Good morning, and welcome to the McEwen Mining Q1 2019 Financial Results Conference Call. I will now pass the call over to Mr. Rob McEwen, Chief Owner.

Robert Ross McEwen - McEwen Mining Inc. - Chairman & CEO

Thank you, operator. Good morning, ladies and gentlemen. With me today are: Chris Stewart, our President and Chief Operating Officer; Andrew Elinesky, our Chief Financial Officer. And I'm going to jump right in and -- I welcome you and I'm going to jump right over to Andrew to talk about our financials.

Andrew L. Elinesky - McEwen Mining Inc. - Senior VP & CFO

Thank you, Rob. Good morning, everyone. Thank you for joining us today. In the first quarter, McEwen Mining continued with significant investments in exploration, development of Black Fox, completing the construction at Gold Bar as well as continuing work on the Los Azules and the Fenix projects.

The combination of lower-than-expected production and sales in addition to these project investments result in the company reporting a net loss of

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