Golden Minerals Company today announced the completion of the previously announced sale of its Velardeña oxide processing plant and water wells, located in Durango, Mexico, to a privately held Mexican company . The transaction closed on October 10, 2025, with a total purchase price of US$3.0 million plus applicable value-added tax . The Buyer had made payments of approximately $2.95 million, and the final balance of [...]
Golden Minerals Company has reported financial results and a business summary for the quarter ending June 30, 2025. Financial Summary for the Six Months Ended June 30, 2025 Exploration expenses were $0.2 million as of June 30, 2025, vs. $0.3 million as of June 30, 2024. Administrative expenses were $1.5 million as of June 30, 2025, vs. $2.1 million as of June 30, 2024. Loss from discontinued operations, net of taxes, was [...]
Golden Minerals Company announces the voting results from its Annual Meeting of Stockholders held on May 27, 2025. At the meeting, shareholders elected five directors to hold office until the 2026 Annual Meeting of Stockholders or until their respective successors are duly elected and qualified. The results of the vote were as follows: Nominee Votes For Votes Withheld Jeffrey G. Clevenger 1,211,954 192,706 Pablo Castanos [...]
Golden Minerals Company is pleased to announce that Mr. Anil Jiwani has been named Chief Financial Officer of the Company effective June 1, 2025. Mr. Jiwani succeeds Mr. Joe Dwyer, who will resign from his position as the Company's Chief Financial Officer effective May 31, 2025, as previously announced. The Company thanks Mr. Dwyer for his contributions and dedicated service and wishes him well in his future endeavors [...]
Golden Minerals Company has reported financial results and a business summary for the quarter ending March 31, 2025. Q1 2025 Financial Summary Exploration expenses were $0.1 million in the first quarter 2025, vs. $0.1 million in the first quarter 2024. Administrative expenses were $0.7 million in the first quarter 2025 vs. $1.0 million in the first quarter 2024. Loss from discontinued operations, net of taxes, was $0.4 [...]
Golden Minerals Company has reported financial results and a business summary for the full fiscal year ended December 31, 2024. 2024 Business Summary "2024 was a defining year for Golden Minerals as we undertook a comprehensive strategic repositioning of the Company. This effort not only included the successful sale of several assets, including the Velardeña Properties, the El Quevar project in Argentina, and the Yoquivo [...]
Golden Minerals Company announced today that has sold its wholly-owned Mexican subsidiary, Minera de Cordilleras, S. de R.L. de C.V. to a privately held Mexican company for consideration of US $600,000. The sale agreement was signed on April 1, 2025. Upon consummation of the transaction, Minera Cordilleras held net operating losses, inflation-adjusted capital contributions and five mining concessions in Mexico that had [...]
Golden Minerals Company today announced that it has received notification from the NYSE American LLC that the Exchange determined to commence proceedings to suspend and delist the Company's common stock as a result of its determination that the Company is no longer suitable for listing due to its non-compliance with Sections 1003, 1003 and 1003 of the NYSE American Company Guide, which require the Company to report [...]
Golden Minerals Company today announced it has closed on the sale of its Yoquivo gold-silver project . The buyer is Advance Metals Ltd. , an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects. Pursuant to the sales agreement that the Company announced last month , AVM has purchased 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de C.V., a wholly [...]
Golden Minerals Company has today released financial results for the quarter ending September 30, 2024. Third Quarter Financial Summary The Company recorded no revenue related to gold and silver in doré, but recorded revenue of $0.1 million from the sale of metals at the Velardeña Properties during the third quarter 2024. This revenue relates to concentrate shipments that were completed earlier in 2024 but were finalized [...]
Golden Minerals Company today announced it has signed a binding agreement to sell its Yoquivo gold-silver project to Advance Metals Ltd. an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects . Under the terms of the Agreement, AVM shall purchase 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de C.V., a wholly-owned subsidiary of Golden Minerals, for [...]
Golden Minerals Company announces that further to its press release dated September 3, 2024, it has entered into a definitive agreement to sell Silex Argentina, its wholly-owned subsidiary, to Butte Energy Inc. Butte has agreed to purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the Company's El Quevar silver project located in Salta Province, Argentina. The Definitive Agreement is [...]