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Get filing alertsMcEwen COO William Shaver retires; company promotes three VPs targeting 250k-300k GEOs by 2030
Filed August 26, 2026 · Period ending August 24, 2026 · ~1 min read
Key Changes
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Chief Operating Officer William Shaver retired effective immediately after 4 years at McEwen and 55 years in mining; departure was amicable with no disagreement cited. He retains a Board seat at 46.3%-owned McEwen Copper.
Item 5.02 verify on EDGAR → -
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Company disclosed goal of reaching 250,000-300,000 gold equivalent ounces by 2030, structuring leadership around current production, mine construction, and permitting as the three keys to achieving the target.
Exhibit 99.1 view on EDGAR → -
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Channa Kumarage promoted to VP Operations to oversee operating mines; previously brought Froome mine into production and developed the Stock Mine nearing completion.
Exhibit 99.1 view on EDGAR → -
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Kevin Bromfield promoted to VP Development Projects to lead engineering and construction of Grey Fox, Tartan Mine Project, and Lookout Mountain/Windfall development projects.
Exhibit 99.1 view on EDGAR → -
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Zahir Jina promoted to VP Permitting, Government Relations and Sustainability, bringing 15+ years advancing mining projects through regulatory approval processes.
Exhibit 99.1 view on EDGAR →
Summary
McEwen announced the immediate retirement of Chief Operating Officer William Shaver after four years with the company, replacing him with three promoted vice presidents aligned to a newly disclosed 2030 production target. Shaver's departure was amicable—the filing explicitly states no disagreement with the company—and he retains a Board seat at McEwen Copper, the 46.3%-owned subsidiary.
The company is naming a new ramp at the Stock Mine in his honor. The leadership restructure splits Shaver's responsibilities across three roles: Channa Kumarage takes operating mines, Kevin Bromfield leads development projects (Grey Fox, Tartan, Lookout Mountain/Windfall), and Zahir Jina handles permitting and government relations.
McEwen framed the moves around a goal of reaching 250,000-300,000 gold equivalent ounces by 2030, identifying current production, mine construction, and permitting as the three keys to hitting that target. The promotions are internal—all three executives have relevant track records at McEwen or peer companies—suggesting continuity rather than a strategic pivot. For holders, the 2030 target is the new benchmark; watch execution on the development pipeline and permitting timelines that underpin the growth case.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Mr. William Shaver, the Chief Operating Officer of McEwen Mining Inc. (the “Company”) and a member of the Board of Directors of the Company (the “Board”), retired from his position as Chief Operating Officer of the Company, effective immediately. Mr. Shaver also retired from his position as a member of the Board, effective immediately.
William Shaver retired from both his Chief Operating Officer role and his Board seat effective August 24, 2026. The filing states his retirement is not the result of any disagreement or dispute with the Company, indicating an amicable departure.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) today announced the planned retirement of Chief Operating Officer William Shaver. Mr. Shaver has dedicated more than 55 years of his career to the mining industry, including the past 4 years at McEwen.
Chief Operating Officer William Shaver is retiring after 4 years at McEwen and 55 years in the mining industry. He will continue serving on the Board of Directors of McEwen Copper, which is 46.3% owned by McEwen. The company is naming a new ramp at the Stock Mine the William Shaver Ramp in recognition of his contributions.
Added in current filing · view on EDGAR →
Channa Kumarage – Promoted to Vice President, Operations Mr. Kumarage will be responsible for overseeing the Company’s operating mines. He has held progressive leadership roles within McEwen, including Director of Technical Services, where he was instrumental in bringing the Froome mine at the Fox Complex in Timmins into production and developing the Stock Mine that is nearing completion.
Channa Kumarage has been promoted to Vice President, Operations, responsible for overseeing the company's operating mines. He previously served as Director of Technical Services and was instrumental in bringing the Froome mine into production and developing the Stock Mine. He brings over a decade of mining engineering experience and is a licensed Professional Engineer and Qualified Person under NI 43-101.
Added in current filing · view on EDGAR →
Kevin Bromfield – Promoted to Vice President, Development Projects Mr. Bromfield will lead the teams responsible for the engineering and building of Grey Fox (Fox Complex, Timmins), Tartan Mine Project (Flin Flon, Manitoba) and Lookout Mountain/Windfall (Gold Bar Mine Complex, Nevada).
Kevin Bromfield has been promoted to Vice President, Development Projects, leading teams responsible for engineering and building Grey Fox, Tartan Mine Project, and Lookout Mountain/Windfall projects. He brings technical expertise in mine construction, underground development, and alternative material handling systems, holding a B.Sc. in Mining Engineering and an Executive MBA.
Added in current filing · view on EDGAR →
Zahir Jina – Promoted to Vice President, Permitting, Government Relations and Sustainability Mr. Jina is an environmental management, engagement and permitting professional with more than 15 years of experience advancing Canadian and international mining projects through provincial, state and federal approval processes, from greenfield or brownfield development to closure.
Zahir Jina has been promoted to Vice President, Permitting, Government Relations and Sustainability. He brings over 15 years of experience advancing mining projects through regulatory approval processes. Previously, he was a lead author of the Environmental Effects Review for IAMGOLD's Côté Gold Project and served as Director, Environment at Wyloo, leading regulatory approval strategy for critical minerals development in northern Ontario.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 27, 2026 · How we verify