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 [...]
Golden Minerals Company is pleased to announce positive results from the updated Mineral Resource Estimate and Preliminary Economic Assessment for its Velardeña Properties, a 100%-owned silver and gold project located in Durango State, Mexico. PEA Financial and Economic Highlights Tetra Tech, an independent engineering company, has prepared the PEA [...]
Golden Minerals Company has today announced financial results and a business summary for the full year ending December 31, 2019. 2019 Financial Highlights Revenue for full year 2019 of $7.7 million and operating margin of $5.3 million related to the lease of the Company’s oxide plant at the Velardeña Properties to [...]
Golden Minerals Company is pleased to announce it has received promising results from metallurgical test work conducted on pyrite-arsenopyrite flotation concentrates from its Velardeña Properties located in Durango, Mexico. Gold and silver recoveries of 91% and 92%, respectively, were obtained from cyanide leaching of the bio-oxidized [...]
Golden Minerals Company announced today that it has received $3.0M for the sale of two non-strategic Mexican exploration properties to a subsidiary of Industrias Peñoles. The Mogotes and Pistachon properties are located near the Company’s Velardeña Properties in Durango State, Mexico and adjacent to mineral concessions [...]
