Golden Minerals Company is pleased to announce it has received final environmental permits for its Rodeo gold-silver project located in Durango State, Mexico. The Company is presently on track to begin gold production in January 2021, which will mark the transition of Golden Minerals to gold producer from precious metals exploration company [...]
Golden Minerals Company today announced financial results and a business summary for the quarter ending September 30, 2020. Third Quarter Summary Financial Results Revenue of $2.1 million and a net operating margin of $1.6 million related to the lease of the Company’s oxide plant to Hecla Mining Co. in the third quarter 2020, compared to a $1.4 [...]
Golden Minerals Company today announced it has received final assays from its resource definition drill program at the Rodeo gold-silver project located in Durango State, Mexico. Assay results from the final 14 holes of the 35 holes drilled in the 1400-meter drill program show continued wide zones of high-grade near-surface gold mineralization [...]
Golden Minerals Company today announced it has received a second set of assay results from its resource definition drill program at the Rodeo gold-silver project located in Durango State, Mexico. Assay results from an additional 11 diamond drill holes show wide zones of high-grade near-surface gold mineralization. Mineralized material consists of [...]
Golden Minerals Company today announced it has received positive assay results from the first nine diamond drill holes of its in-fill resource definition drill program at the Rodeo gold-silver project located in Durango State, Mexico. Each of the first nine diamond drill holes intersected wide zones of near-surface gold mineralization. Drill hole [...]
Golden Minerals Company today announced financial results and a business summary for the quarter ending June 30, 2020. Second Quarter Summary Financial Results Revenue of $1.2 million and a net operating margin of $0.8 million related to the lease of the Company’s oxide plant in the second quarter 2020, compared to a $1.3 million net operating [...]
Golden Minerals Company announced today the closing of its previously announced public underwritten offering of 20,535,714 shares of common stock of the Company, including the exercise in full by the underwriter of its option to purchase an additional 2,678,571 shares of common stock, at a price to the public of $0.42 per share. The gross proceeds [...]
Golden Minerals Company announced today that, due to demand, the underwriter has agreed to increase the size of the previously announced offering and purchase on a firm commitment basis 17,857,143 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 closing of [...]
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 [...]