McEwen Mining Inc. announced consolidated production results for the fourth quarter and full year of 2016. In fourth quarter, the mine produced 7,676 gold equivalent ounces, compared to 11,092 gold equivalent ounces during same period in 2015. Production in fourth quarter was lower as a result of mining and processing lower ore grades during the quarter. The annual consolidated production was 31,521 gold equivalent ounces, 20,337 gold ounces and 838,768 silver ounces. The annual consolidated production in 2016 was 145,530 gold equivalent ounces using gold to silver ratio of 75:1, or 101,482 gold ounces and 3,303,709 silver ounces. Achieved gold and silver production in-line with guidance from its two producing mines. Doubled liquid assets during the year to $64 million in cash, cash equivalents and precious metals, and no debt. El Gallo Mine, Mexico Production in 2016 was 55,266 gold equivalent ounces, compared to 63,366 gold equivalent ounces in 2015.