WednesdayNov 27, 2024 3:00 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Poised to Tap Explosive Growth of AI Industry

McEwen Mining (NYSE: MUX) (TSX: MUX) is positioned for opportunity as artificial intelligence is rapidly reshaping the landscape of economies around the world. “Estimates indicate that generative AI alone will triple its growth to a total market value of $1.3 trillion in the next decade… As most investors know by now, there is a surge in the demand for energy-guzzling data centers that are designed to develop and train AI systems. They also know that advanced semiconductor chips are at the heart of all AI technologies. However, many haven’t considered that critical minerals, such as copper, gold and silver, are…

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WednesdayNov 20, 2024 1:54 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Poised for Opportunity Amid Rising Demand for ‘AI Metals’

McEwen Mining (NYSE: MUX) (TSX: MUX) was featured in a recent article that discussed the evolution of artificial intelligence (“AI”), spotlighting Geoffrey Hinton’s (“the Godfather of AI”) award of the Nobel Prize in Physics alongside John Hopfield for their groundbreaking work that triggered the development of machine learning, the science behind AI as we know it today. The piece describes early work and systems compared to modern capabilities, showcasing significant requirements for current AI systems in terms of hardware such as microchips. “Critical metals like copper, silver and gold have consequently seen rising demand to supply the rapidly growing AI…

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WednesdayNov 13, 2024 3:31 pm

AINewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) – A Gem in the Mining Sector

McEwen Mining (NYSE: MUX) (TSX: MUX) is positioned to benefit from increased investor interest in precious metals as well as growing demand for critical minerals. “McEwen Mining is a gold and silver producer with operations across the Americas, including Nevada, Canada, Mexico, and Argentina. In addition to its core business of precious metals, the company has significant exposure to copper through its 48% ownership of McEwen Copper, a subsidiary responsible for the advanced-stage Los Azules project in Argentina. Led by Rob McEwen, a seasoned mining veteran with a personal investment of $225 million, McEwen Mining is establishing itself as a…

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