Andean Precious Metals Corp. is pleased to announce updated mineral reserve and mineral resource estimates for its wholly owned subsidiary, Golden Queen Mining LLC, which operates the Soledad Mountain mine and heap leach operation in Kern County, Southern California. The MR&RE and Feasibility Study Update Technical Report on the Soledad Mountain Heap Leach Project, dated January 12, 2024 , were prepared by Kappes [...]
Andean Precious Metals Corp. today announced that its wholly owned subsidiary, Golden Queen Mining LLC, has returned to normal production following the previously announced fire on December 13, 2023. The secondary crusher circuit, which was damaged in the fire, is now repaired and fully operational. "I'd like to thank our team and our trusted suppliers and contractors for their tireless efforts in completing equipment [...]
Andean Precious Metals Corp. announced today that, in connection with its previously announced normal course issuer bid to purchase for cancellation up to 7,833,291 of its common shares , the TSX Venture Exchange has accepted notice that the Company has entered into an automatic share purchase plan with Desjardins Securities Inc. The ASPP was approved by the TSXV on January 11, 2024 and commenced today, January 12, 2024 [...]
Repair schedule is well defined to re-establish normal course production; mitigation solutions implemented to minimize production losses Andean Precious Metals Corp. today provided an update on the previously reported fire at its Golden Queen operation in California. The fire, which was reported on December 13, 2023, at approximately 9:00 p.m. , occurred within the secondary crusher circuit perimeter and more specifically [...]
M+I mineral resources of 6.1 Mt grading 98 g/t silver, containing 19.0 million silver ounces, including 2P mineral reserves of 5.1 Mt at 93 g/t silver, with 11.95 million recoverable silver ounces Andean Precious Metals Corp. is pleased to announce an updated mineral reserve and resource estimate for the Company's San Bartolomé mine and mill operations, the largest commercial oxide processing facility in Bolivia. The 2023 [...]
Andean Precious Metals Corp. announces that the TSX Venture Exchange has accepted notice of the Company's intention to make a normal course issuer bid for certain of its common shares . Pursuant to the NCIB, the Company intends to purchase up to 7,833,291 of its outstanding Shares, representing up to 5% of the 156,665,833 issued and outstanding Shares as at December 4, 2023. The Company first initiated its NCIB on [...]
Andean Precious Metals Corp. announces the appointment of Michele Ashby as an independent director effective January 2, 2024. With the appointment of Ms. Ashby, six of the seven directors serving on Andean's board of directors are independent. Ms. Ashby is currently the CEO & Founder of ACE LLC, a company that educates and trains women to attain corporate board positions. She also established the Denver Gold Group, a [...]
Andean Precious Metals Corp. announced that operations continue at Golden Queen despite a fire at the secondary crusher. There were no injuries due to the fire and applicable regulatory authorities have been notified. The fire started last night at approximately 9:00 pm PT within the secondary crusher around the screen deck. Most of the fire lasted for an hour. The Company will be conducting extensive inspections to [...]
Andean Precious Metals Corp. announced that on December 4, 2023 , it granted restricted share units to certain employees and service providers of its recently acquired subsidiary, Golden Queen Mining , pursuant to Andean's Omnibus Long-Term Incentive Plan . In order to retain critical personnel for the continuation of its purposes and objectives and to promote the business success of the Company, Andean's board of [...]
Company continues to pivot Bolivian operations into a processing facility focused on securing long-term material purchasing contracts, driving margins and cash flow Andean Precious Metals Corp. reported its operating highlights and unaudited condensed interim financial results for the three and nine months ended September 30, 2023. All amounts are expressed in United States dollars, unless otherwise noted . This news [...]
Acquisition of Golden Queen Mining LLC aligns with Andean's focus on diversification in the Americas, value creation and achieving mid-tier producer status Attractive deal structure preserves Andean's strong cash position and provides the Company with the flexibility to act on future growth opportunities Andean Precious Metals Corp. is pleased to announce that, late Friday November 24, 2023, through its wholly-owned [...]
Andean Precious Metals Corp. will report its financial and operating results for the three and nine months ended September 30, 2023 on Wednesday, November 29, 2023 after markets close. Management will host a webcast the following morning to discuss the Company's results. A question-and-answer session will follow management's prepared remarks. Details of the webcast are as follows: Date and time: Thursday, November 30 [...]