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McEwen Copper secures $240 million term loan to advance Los Azules project in Argentina. The financing will support engineering and early works as well as general corporate purposes.

PRIVATEAug 27, 2026

Amount Raised

$240 Million

Round Type

Debt Financing

TorontoMiningMineral

Investors

Rob McEwenSprott Natural Resource Investment Partners

Description

McEwen Copper has completed a $240 million senior secured term loan facility with a syndicate of lenders. The funding will be utilized to advance engineering and early works of the Los Azules copper project and for general corporate purposes. A final investment decision and full project financing is expected in mid-2027. The term loan comes with a 12.0% interest rate and has a 4-year term.

Quick answer

McEwen raised $240 Million in a Debt Financing round, dated August 27, 2026. Investors: Rob McEwen and Sprott Natural Resource Investment Partners. McEwen is based in Toronto, Ontario, Canada.

How much did McEwen raise?
McEwen raised $240 Million in a Debt Financing round on August 27, 2026.
Who invested in McEwen?
Rob McEwen and Sprott Natural Resource Investment Partners are named as investors in this round.
Where is McEwen based and how big is it?
McEwen is based in Toronto, Ontario, Canada.
Who are the decision-makers at McEwen?
Fundz holds 1 contact at McEwen, including the Chief Owner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining and Mineral around the same time

Companies in the same sectors as McEwen that raised within 45 days of this round, from Fundz verified event records.

  • Strikepoint Gold raised $4.5M on October 6, 2026.
  • GoldInxs Mining raised $513K (Post-IPO Equity) on October 6, 2026.
  • Global Atomic raised $1.9M on October 1, 2026.
  • Daura Gold raised $331K on October 1, 2026.
  • Alaska Silver Corp. raised $897K on September 30, 2026.
  • Carlin Gold Corporation raised $1M on September 29, 2026.

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Company Information

Company

McEwen

Location

Toronto, Ontario, Canada

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Related People

1 contact
Verified contactsRobert M., Chief OwnerSee plans and pricing
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