Golden Minerals Company today announced the retirement of the Company's Chief Executive Officer and President, Warren Rehn, effective immediately. Mr. Rehn joined the Company in 2012 as Vice President Exploration and was promoted to President in spring of 2015 and to CEO in September 2015. Mr. Rehn, age 69, has been contemplating retirement for some time. Mr. Rehn has also resigned his position as a Director of the [...]
Reissuing release to correct ticker symbol for searching purposes. The release reads: 2024 FINANCIAL RESULTS Golden Minerals Company has today released financial results and a business summary for the quarter ending March 31, 2024. First Quarter Business Summary and Subsequent Events The Company restarted silver-gold production at the Company's Velardeña Properties in December 2023, but stopped mining at the end of [...]
Golden Minerals Company has today released financial results and a business summary for the quarter ending March 31, 2024. First Quarter Business Summary and Subsequent Events The Company restarted silver-gold production at the Company's Velardeña Properties in December 2023, but stopped mining at the end of February 2024 and stopped processing mineralized material at the end of March 2024, after determining the initial [...]
Golden Minerals Company announces it has entered into a definitive agreement to sell the primary assets comprising its Velardeña Properties, located in Durango State, Mexico. On April 29, 2024, two of Golden's Mexico subsidiaries, Minera William S.A. de C.V. and Minera Labri S.A. de C.V. entered into certain asset purchase and sale agreements with a privately held Mexican company whereby Minera William and Minera Labri [...]
Golden Minerals Company announced today that Barrick Gold Corporation notified the Company it is withdrawing from an Earn-In Agreement on the El Quevar silver project which the two parties signed in April 2020. The termination will be effective on April 20, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240327707450/en/ El Quevar District Map Golden [...]
Golden Minerals Company has reported financial results and a business summary for the full fiscal year ending December 31, 2023. Business Summary The Company's Rodeo mine concluded operations in June 2023 and finished processing stockpiled material in September 2023. From its inception in January 2021 through December 31, 2023, Rodeo produced 31,126 ounces gold and 126,151 oz. silver. Cash costs per payable gold oz.1, net [...]
Golden Minerals Company announced today with deep sadness that W. Durand "Randy" Eppler, a member of the Company's Board of Directors, passed away on February 27, 2024. Mr. Eppler was appointed to Golden Minerals' Board in 2009 and served as a member of the Audit Committee and the Corporate Governance and Nominating Committee. With a successful career spanning over 40 years in the natural resources industry, Mr. Eppler [...]
Golden Minerals Company has announced that it has elected to stop operations at its Velardeña Properties, located in Durango State, Mexico. The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing plant during the course [...]
Golden Minerals Company is pleased to announce that on December 18, 2023, it began silver-gold mining operations at its Velardeña Properties, located in Durango State, Mexico. The Company has begun mining in six stopes and is steadily ramping up daily production to reach a rate of approximately 150 tonnes per day in March, and ultimately a full production rate of approximately 325 tpd in the second quarter. The restart of [...]
Golden Minerals Company is pleased to announce that on December 1, 2023, it completed the previously-announced sale of its interests in the Santa Maria gold-silver property located in Chihuahua State, Mexico to Transformaciones y Servicios Metalurgicos S.A. DE C.V. . Upon closing, the Company has received $1.50 million plus $0.24 million in Value Added Tax . The Company is permitted to keep the VAT and use it to offset [...]
Golden Minerals Company is pleased to announce it has begun producing gold-bearing pyrite flotation concentrate from its Velardeña Properties in Durango State, Mexico. The Company is processing material that has been stockpiled at Velardeña since the mines last operated in 2015. The material was only partially processed during past operations and a gold and silver bearing pyrite concentrate has not previously been [...]
Golden Minerals Company has today released financial results and a business summary for the quarter ending September 30, 2023. Third Quarter Business Summary and Subsequent Events On November 8, 2023, the Company closed a public offering of an aggregate of 6 million shares of the Company's common stock and related warrants, at a purchase price of $0.70 per share . Gross proceeds from the offering were approximately $4.2 [...]