09:53 AM EST - McEwen Mining Inc. : announced that the expansion of the El Gallo 1 mine in Sinaloa State, Mexico is scheduled to be completed by early April. The expansion is approximately three months ahead of schedule and capital costs are expected to total $3 million U.S. versus the $5 million U.S. originally budgeted. Production is anticipated to grow from 37,500 oz. gold this year to 75,000 oz. gold in 2015. Cash costs are also expected to decrease from $750 U.S. per oz. to $575 U.S. per oz. starting next year. McEwen Mining Inc.
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