Golden Minerals Company today announced that on August 19, 2019, the Company was notified by the NYSE American LLC that it was not in compliance with one of NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide . Specifically, the Company is not in compliance with Section 1003 of the Company [...]
Golden Minerals Company has released financial results and a business summary for the quarter ending June 30, 2019. Sale of Velardeña Properties and Other Assets On June 27, 2019 the Company announced it had entered into an agreement to sell certain of its assets to Compañía Minera Autlán S.A.B. de C.V. for US$22.0 [...]
Golden Minerals Company today announced that it has closed its previously announced registered direct offering of shares of common stock with certain institutional investors. The gross proceeds to the Company from this offering were $2.25 million, before deducting the placement agent fees and other estimated offering expenses. The Company intends [...]
Golden Minerals Company today announced that it has entered into definitive agreements with institutional investors for an offering of shares of common stock with gross proceeds of $2.25 million. The offering is expected to close on or about July 19, 2019, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. acted as [...]
Golden Minerals Company announced today that it has entered into an agreement to sell certain of its Mexican properties to Compañía Minera Autlán S.A.B. de C.V. for US$22.0 million. Under the terms of the agreement, Autlán will have the option to purchase the Canadian holding company ECU Silver Mining, Inc. which owns [...]
Golden Minerals Company is pleased to announce that it has entered into an earn-in agreement with Golden Gryphon Explorations for the Sand Canyon project in northwestern Nevada, where surface work has identified a large unexplored system of epithermal veins. Sand Canyon Location Map The project consists of 527 claims totaling approximately 16 [...]
Golden Minerals Company today announced financial results and a business summary for the quarter ending March 31, 2019. First Quarter Summary Financial Results Revenue of $1.9 million and a net operating margin of $1.3 million related to the lease of the Company’s oxide plant in the first quarter 2019, compared to a $1.1 million net operating [...]
Golden Minerals Company has begun a drilling program at its 100%-controlled El Quevar silver project located in Salta Province, Argentina. The Company began drilling in late February, 2019. The program is expected to include approximately 3,000 meters of drilling in roughly 15 holes. Drilling is anticipated to conclude in late May or June 2019, and [...]
Golden Minerals Company , wishes to issue a statement that the Company is not aware of any undisclosed material facts that would cause yesterday's abrupt downward movement in the Company's share price in the closing seconds of US trading. Golden’s net earnings, released yesterday, improved quarter over quarter and year over year and the [...]
Golden Minerals Company has today announced financial results and a business summary for the full year ending December 31, 2018. 2018 Financial Highlights Revenue for full year 2018 of $7.2 million and operating margin of $4.9 million related to the lease of the Company’s oxide plant at the Velardeña Properties to [...]
Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its Santa Maria silver-gold project located in southern Chihuahua State, Mexico. The report, entitled “NI 43-101 Technical Report, Updated Preliminary Economic Assessment, Santa Maria Silver Project [...]
Golden Minerals Company is pleased to announce it has acquired the Navegantes project in southern Chihuahua state, Mexico, where recent surface and underground sampling have returned high-grade silver values from a series of epithermal silver-base metal veins outcropping on the property. Navegantes Project Location Navegantes Nearby Major Mines and [...]