Business
IFC Supports McEwen Copper Through Key Collaboration Towards Sustainable Financing for Los Azules
SAN JUAN, Argentina and TORONTO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- The International Finance Corporation (IFC), a member of the World Bank Group, and McEwen Copper Inc., a subsidiary of McEwen Inc. (NYSE: MUX) (TSX: MUX), have signed a collaboration agreement to support aligning the Los Azules copper project with IFC’s environmental, social, and governance (ESG) standards for potential future debt and equity financing, an important milestone in McEwen Copper’s broader financing strategy for the
About this update from Mcewen Inc.
[{"type":"image","alt":"McEwen Inc.","displaySize":"","headline":null,"caption":"McEwen Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":170,"url":"https://media.zenfs.com/en/globenewswire.com/66c9e5706a0044735186fefdedad9713"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/A779XJJWrNYtHlUd49kFpA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTIzODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/66c9e5706a0044735186fefdedad9713","width":300,"height":170}},"lazy":false},{"type":"text","content":"SAN JUAN, Argentina and TORONTO, Sept. 24, 2025 (GLOBE NEWSWIRE) -- The International Finance Corporation (IFC), a member of the World Bank Group, and McEwen Copper Inc., a subsidiary of McEwen Inc. (NYSE: MUX) (TSX: MUX), have signed a collaboration agreement to support aligning the Los Azules copper project with IFC’s environmental, social, and governance (ESG) standards for potential future debt and equity financing, an important milestone in McEwen Copper’s broader financing strategy for the project.","length":529,"tagName":"p"},{"type":"text","content":"Situated in Argentina's San Juan province, Los Azules is one of the world's largest undeveloped copper deposits. The project has secured Environmental Impact Declaration (EIA) approval, and its feasibility study is slated for completion by October 2025. McEwen Copper has also applied for Argentina's Large Investment Incentive Regime (RIGI). Upon completion of final engineering and securing financing, Los Azules is positioned to begin construction, underscoring the company's dedication to sustainable mining practices that drive economic growth, job creation, and social development in San Juan and beyond.","length":631,"tagName":"p"},{"type":"text","content":"The agreement emphasizes integrating IFC’s Performance Standards on Environmental and Social Sustainability into Los Azules' development. This initiative is intended to de-risk the project, align it with the criteria required for international investors, and support Argentina's mining sector by promoting greater transparency, reduced carbon emissions, and community benefits.","length":385,"tagName":"p"},{"type":"text","content":""We are pleased to be collaborating with McEwen Copper on the Los Azules project, to help it align with IFC Performance Standards and lay ...