April 19 (Reuters) - Mcewen Mining Inc :
* Mcewen mining reports q1 production results, royalty acquisition
* Increased production guidance for 2016 to 144,000 gold equivalent ounces
* Total production in q1 was 37,958 gold equivalent ounces, a 14% increase over q1 2015
* "production in subsequent quarters is expected to be lower as influence of higher grade ore diminishes during year"
* Full year guidance for el gallo in 2016 is now increased to 55,000 gold equivalent ounces Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)