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 multiple gold-quartz veins and breccias of the Rodeo low sulfidation vein [...]
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 accordance with National Instrument 43-101 Standards of Disclosure for Mineral [...]
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, Mexico” is dated May 8, 2020 and was prepared in accordance with National [...]
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 margin realized in the first quarter 2019. Cash and cash equivalents balance of [...]
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 unregistered common stock purchase warrants to purchase 11,250,000 shares of the [...]
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 Instrument 43-101 “Standards of Disclosure of Mineral Projects&rdquo [...]
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 and safe suspension of mining activities at its Velarde?a Properties . Work [...]
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 to a private placement transaction at a price of $0.21 per share, which is [...]
https://www.youtube.com/watch?v=e36JQ1TzlsE The View from the C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest View from the C-Suite videos visit www.tmxmoney.com/en/news/csuite.html) About Golden Minerals Company Golden [...]
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 wherever possible. Certain business restrictions have been implemented in [...]
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 for the Company in accordance with Canadian National Instrument 43-101 [...]
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 Hecla Mining Company , compared to $7.2 million and $4.9 million, respectively, in 2018 Cash and [...]