McEwen Mining closes strong week; appoints Xavier Ochoa as president, COO

Owner-led gold producer McEwen Mining was up 13.5% on the TSX by Friday, ending somewhat of a roller coaster week on a positive note. The stock started the week at C$3.12 a share, before climbing 18% to an intraweek high of C$3.68 a share on Wednesday, and falling again 13% to C$3.20 apiece on Thursday, when it reported financial results for the third quarter. From noon Thursday, the stock once more gained 11% to C$3.55 apiece on Friday afternoon, when it announced the appointment of a mining veteran to the senior management structure.