MUX — what changed in the latest 10-Q
A section-by-section comparison of MUX's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-05 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +75 | −58 | ~25 | 65 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~7 | 8 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +1 | 0 | ~3 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-05
●On April 30, 2026, the Company completed the acquisition of 100% of Golden Lake Exploration Inc.’s (“Golden Lake”) outstanding equity interests. Golden Lake is a mineral exploration company with a focus on gold properties located within the south end of the Eureka belt, adjacent to the Company’s Wi…
●On May 20, 2026, MSC paid a dividend of ARS $141.1 billion ($101.2 million) on a 100% basis, of which ARS $69.1 billion ($49.4 million) was attributable and paid to the Company. The Company received total dividends of $58.2 million in H1/26, compared to $2.2 million in H1/25.
●At the Fox Complex, we invested approximately $12.8 million in the Stock project during Q2/26, completing key infrastructure work, and expanded its plans at Froome West. The Stock project continues to be on track to reaching pre-commercial production in Q4/26, with Q2/26 development efforts focused…
●At the Gold Bar Mine Complex, we produced 5,842 GEOs during Q2 2026 (H1/26 – 13,726 GEOs), representing a 31% decrease from the 8,406 GEOs produced in Q2 2025 (H1/25 – 16,094 GEOs). This decline was attributable to timing and mine model factors. During Q2, a one-month shutdown in our mine assay lab…
●At the San José Mine, Q2/26 production of 17,019 GEOs(1) (H1/26 – 31,601 GEOs) increased by 24% compared to 13,719 GEOs(1) during Q2/25 (H1/25 – 24,543 GEOs). San José’s Q2/26 production increased due to a 4% increase in gold recovery rates, a 1% increase in silver recovery rates along with a 3% in…
Text removed vs the prior filing · source: 10-Q · 2026-05-06
●On January 5, 2026, the Company completed the acquisition of Canadian Gold through a share-for-share transaction, issuing 2,943,766 common shares to Canadian Gold shareholders, other than the Company’s Chairman and Chief Executive Officer. In respect of his ownership interest, the Chairman and Chie…
●On January 22, 2026, the Company issued 350,000 flow-through common shares at approximately $20.90 per share for gross proceeds of $7.3 million. Subsequently, on January 28, 2026, the Company issued an additional 377,000 flow-through common shares at approximately $21.25 per share for gross proceed…
●On February 5, 2026, MSC paid a dividend of ARS $26.0 billion ($18.0 million) on a 100% basis, or ARS $12.7 billion ($8.8 million) attributable and paid to the Company.
●On February 6, 2026, McEwen Copper entered into a loan agreement for an amount of up to $240.0 million which may be advanced in one or more tranches upon mutual agreement between McEwen Copper as the borrower, the Company as the agent, and a syndicate of lenders. Approximately $28.5 million of addi…
●On April 30, 2026, the Company completed the acquisition of 100% of Golden Lake Exploration Inc.’s (“Golden Lake”) outstanding equity interests. Golden Lake is a mineral exploration company which has an option to purchase a 100% interest in the Jewel Ridge and Jewel Ridge West projects, which are l…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-05
(d)On July 31, 2026, Mr. William Shaver notified the Company of his intent to retire from his role as the Company's Chief Operating Officer within a year from the date of his notice to the Company, with the specific date yet to be determined. Mr. Shaver’s retirement is not a result of any disagreeme…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice