Golden Minerals Company announced today with deep sadness that W. Durand "Randy" Eppler, a member of the Company's Board of Directors, passed away on February 27, 2024. Mr. Eppler was appointed to Golden Minerals' Board in 2009 and served as a member of the Audit Committee and the Corporate Governance and Nominating Committee. With a successful career spanning over 40 years in the natural resources industry, Mr. Eppler [...]
Golden Minerals Company has announced that it has elected to stop operations at its Velardeña Properties, located in Durango State, Mexico. The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing plant during the course [...]
Golden Minerals Company is pleased to announce that on December 18, 2023, it began silver-gold mining operations at its Velardeña Properties, located in Durango State, Mexico. The Company has begun mining in six stopes and is steadily ramping up daily production to reach a rate of approximately 150 tonnes per day in March, and ultimately a full production rate of approximately 325 tpd in the second quarter. The restart of [...]
Golden Minerals Company is pleased to announce that on December 1, 2023, it completed the previously-announced sale of its interests in the Santa Maria gold-silver property located in Chihuahua State, Mexico to Transformaciones y Servicios Metalurgicos S.A. DE C.V. . Upon closing, the Company has received $1.50 million plus $0.24 million in Value Added Tax . The Company is permitted to keep the VAT and use it to offset [...]
Golden Minerals Company is pleased to announce it has begun producing gold-bearing pyrite flotation concentrate from its Velardeña Properties in Durango State, Mexico. The Company is processing material that has been stockpiled at Velardeña since the mines last operated in 2015. The material was only partially processed during past operations and a gold and silver bearing pyrite concentrate has not previously been [...]
Golden Minerals Company has today released financial results and a business summary for the quarter ending September 30, 2023. Third Quarter Business Summary and Subsequent Events On November 8, 2023, the Company closed a public offering of an aggregate of 6 million shares of the Company's common stock and related warrants, at a purchase price of $0.70 per share . Gross proceeds from the offering were approximately $4.2 [...]
Golden Minerals Company is pleased to announce the closing of its previously announced public offering of an aggregate of 6,000,000 shares of its common stock , Series A warrants to purchase up to 6,000,000 shares of common stock and Series B warrants to purchase up to 3,000,000 shares of common stock, at a public offering price of $0.70 per share of common stock and accompanying warrants. The Series A warrants have an [...]
Golden Minerals Company is pleased to announce the pricing of its public offering of an aggregate of 6,000,000 shares of its common stock , Series A warrants to purchase up to 6,000,000 shares of common stock and Series B warrants to purchase up to 3,000,000 shares of common stock, at a public offering price of $0.70 per share of common stock and accompanying warrants. The Series A warrants will have an exercise price of [...]
Golden Minerals Company announced today that it has filed an updated technical report for its Velardeña Properties. The report is entitled "Preliminary Economic Assessment Update NI 43-101 Technical Report of the Velardeña Project" with an issue date of August 18, 2023. The technical report is available for review on SEDAR at SEDAR+ - Landing Page and on the Company's website at [...]
Golden Minerals Company announced today that the NYSE American has accepted the Company's business plan to regain compliance with the continued listing standards set forth in Section 1003 of the NYSE American Company Guide. As previously disclosed, on June 6, 2023, the Company received written notice from the NYSE that the Company was not in compliance with Section 1003 which requires a listed company to have [...]
Golden Minerals Company announced today that an updated Technical Report has been completed as a Preliminary Economic Assessment for its Velardeña Properties . The TR is prepared as an update of a previous PEA dated March 1, 2022. The updated TR incorporates additional information developed by the Company since the 2022 report, including updated pricing and concentrate sales terms, and the exclusion of a bio-oxidation [...]
Golden Minerals Company has today released financial results and a business summary for the quarter ending June 30, 2023. Second Quarter Business Summary The Company announced in June that it intends to restart mining operations at its Velardeña Properties, pending obtaining sufficient financing, which is still in progress. Velardeña is a silver-gold underground mine property located in Durango State, Mexico that Golden [...]
