Golden Minerals Company announced today that it has entered into an underwriting agreement with H.C. Wainwright & Co. under which the underwriter has agreed to purchase on a firm commitment basis 15,476,191 shares of common stock of the Company, at a price to the public of $0.42 per share, less customary underwriting discounts and commissions. The [...]
Golden Minerals Company announced today that it has signed a letter of intent with Fabled Copper Corp. for a transaction that, if executed, would grant Fabled the option to acquire a 100% interest in Golden’s Santa Maria silver-gold project located in Chihuahua State, Mexico. In October 2019, Golden Minerals entered into a similar option agreement [...]
Golden Minerals Company is pleased to announce that it has commenced drilling at its Rodeo gold and silver property in Durango, Mexico. Golden Minerals plans to drill approximately 20 holes to better define the high-grade core of the Rodeo deposit. The upcoming drill program will expand on the historic drilling campaigns that successfully tested [...]
Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its Rodeo open pit gold project. Rodeo is located in Durango State, Mexico approximately 80 kilometers west of the Company’s Velarde?a Properties. The report is dated May 27, 2020 and has been prepared in [...]
Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its Velarde?a Properties, a silver-gold project located in Durango State, Mexico. The report, entitled “Preliminary Economic Assessment NI 43-101 Technical Report of the Velarde?a Project, Durango State [...]
Golden Minerals Company today announced financial results and a business summary for the quarter ending March 31, 2020. First Quarter Summary Financial Results Revenue of $1.2 million and a net operating margin of $0.6 million related to the lease of the Company’s oxide plant in the first quarter 2020, compared to a $1.3 million net operating [...]
Golden Minerals Company today announced it has entered into definitive agreements with several resource interested institutional investors for the purchase and sale of 15,000,000 shares of the Company’s common stock, par value $0.01 per share, pursuant to a registered direct offering. The Company has also agreed to issue to those investors [...]
Golden Minerals Company is pleased to announce results from a Preliminary Economic Assessment completed for its Rodeo open pit gold project located in Durango State, Mexico. PEA Financial and Economic Highlights Independent engineering firm Mineral Resources Engineering has prepared the PEA for the Company in accordance with Canadian National [...]
Golden Minerals Company has announced several updates with regards to the Company’s COVID-19-related plans and activities. In compliance with the recent directive of the Mexican Federal Government to suspend all non-essential activities, including mining, until April 30, 2020 in response to the COVID-19 pandemic, the Company has begun an orderly [...]
Golden Minerals Company announced today that it has entered into an earn-in agreement with Barrick Gold Corporation whereby Barrick has acquired an option to earn a 70% interest in Golden’s El Quevar project located in the Salta Province of Argentina. As part of the Agreement, Barrick will purchase US$1.0 million of Golden Minerals shares pursuant [...]
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Golden Minerals Company announced the Company is undertaking several initiatives in response to COVID-19 related economic and financial market uncertainties. The Company is following World Health Organization protocols and local government rules and recommendations at all its projects and corporate offices. Office employees are working remotely [...]