GOLDEN, Colo., Nov. 3, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN and TSX: AUM) provides a business update and announces results for the third quarter ended September 30, 2016. Third Quarter Business Update Hecla exercised its right to extend its lease of the Company's Velardena oxide plant for an additional six months, until June 30, 2017. Hecla has the right to extend [...]
GOLDEN, Colo., Sept. 1, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals", the "Company" or "we") (NYSE MKT: AUMN and TSX: AUM) is pleased to provide initial results from an ongoing drilling program at the Rodeo property in Durango State, Mexico. The partial results from our first round of drilling at Rodeo show a gold and silver bearing epithermal vein and breccia system with encouraging gold and silver values [...]
GOLDEN, Colo., Aug. 11, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN and TSX: AUM) announces results for the second quarter ended June 30, 2016. Second Quarter Summary Positive net operating margin from the oxide plant lease (oxide plant lease revenue less lease costs) of $1.1 million in the second quarter 2016 compared to a negative net operating margin (sale of metals less [...]
GOLDEN, Colo., June 13, 2016 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") is pleased to announce that The Sentient Group ("Sentient") has elected to convert the remaining principal and interest due under the terms of a convertible loan into common stock, effective June 10, 2016. After the conversion, Golden Minerals will carry no debt on its books. On June 10, 2016 [...]
GOLDEN, Colo., May 3, 2016 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company) today announced that it has entered into a definitive agreement with institutional investors for an offering of shares of common stock with gross proceeds of approximately $4 million. The closing of the offering is expected to take place on or about May 6, 2016, subject to the satisfaction of [...]
GOLDEN, Colo., April 29, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN and TSX: AUM) announces results for the first quarter ended March 31, 2016. First Quarter Summary Revenue of (US)$1.5 million in the first quarter 2016 compared to $2.3 million in the first quarter 2015 Loss from operations of $2.3 million compared to a loss of $5.0 million in the first quarter 2015 Net [...]
GOLDEN, Colo., April 11, 2016 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company"), at the request of IIROC Market Surveillance and on behalf of the Toronto Stock Exchange, wishes to issue a statement that the Company is not aware of any undisclosed material development that would cause today's upward movement in the Company's share price. About Golden Minerals Golden Minerals [...]
GOLDEN, Colo., March 2, 2016 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") announced today that it has started a 3,000-meter drilling program on the Santa Rosa vein in the San Luis del Cordero Project in Durango State, Mexico, under an exploration and exploitation agreement signed with the wholly-owned Mexican subsidiary of Prospero Silver Corp. (TSXV: PSL) ("Prospero [...]
GOLDEN, Colo., Feb. 25, 2016 /CNW/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN) (TSX: AUM) has today announced financial results for the full year ending December 31, 2015. 2015 Summary Revenue of (US)$8.1 million in 2015 compared to $0.2 million in 2014 Net loss of $25.4 million in 2015, related primarily to an impairment charge of $13.2 million to the Velardena Properties, compared [...]
GOLDEN, Colo., Feb. 12, 2016 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") is pleased to announce that The Sentient Group has elected to convert a portion of the principal plus interest due under the terms of a convertible loan into common shares, effective February 11, 2016. As previously announced, Golden Minerals received $5.0 million in a secured, one-year convertible [...]
GOLDEN, Colo., Dec. 18, 2015 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") has provided an update to its anticipated year-end cash position and information regarding the January 2016 special stockholder meeting to seek approval of the Company's issuance of common stock on conversion of the Sentient October 2015 $5.0 million loan. CASH UPDATE The Company anticipates it [...]
GOLDEN, Colo., Nov. 16, 2015 /CNW/ -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUM) ("Golden Minerals" or "the Company") announced today that it has acquired the mining rights for the Santa Rosa vein in the San Luis del Cordero Project in Durango State, Mexico, pursuant to an exploration and exploitation agreement signed with the wholly-owned Mexican subsidiary of Prospero Silver Corp. (TSXV: PSL) ("Prospero"). The [...]