Golden Minerals Company announced today that at its annual meeting of stockholders held on May 26, 2023, its stockholders approved a reverse stock split of the Company's common stock. On February 24, 2023, the Company's board of directors approved a reverse stock split to be effected at a ratio of between 1-for-2 shares and 1-for-25 shares, with the split ratio to be decided by the board subsequent to stockholder [...]
Golden Minerals Company has today released financial results and a business summary for the quarter ending March 31, 2023. Business Summary First quarter 2023 payable production from the Rodeo mine was 2,081 ounces gold and 11,535 oz. silver in doré, with average realized sales prices of $1,891/oz. gold and $22.60/oz. silver. Metallurgical recovery for gold averaged 72.6% for the quarter. In early April 2023, the Company [...]
Golden Minerals Company has reported production figures from its Rodeo gold-silver mine for the three months ending March 31, 2023. Rodeo Operations Statistics Q1 2023 Tonnes mined 154,371 Tonnes in stockpiles awaiting processing 18,467 Tonnes in low grade stockpiles 133,349 Tonnes processed 54,272 Average tonnes per day processed 603 Average gold grade processed 1.6 Average silver grade processed 9.0 Plant recovery [...]
Golden Minerals Company announced today that it is selling gold-rich pyrite concentrates from its Velardeña Properties on improved terms to a buyer in Manzanillo, Mexico. Warren M. Rehn, Golden's President and Chief Executive Officer, commented, "Recently improved and updated terms for the purchase of our gold-rich pyrite concentrates allow us to consider moving forward with the re-opening of the Velardeña Properties [...]
Golden Minerals Company announced today that it has filed a NI 43-101 Technical Report on an initial Mineral Resource estimate for its Yoquivo project. The report was prepared by the independent firm of Mine Technical Services Ltd. and has an effective date of February 24, 2023. The report is available for review on SEDAR and on the Company's website at https://www.goldenminerals.com/projects/technical-reports/. Qualified [...]
Golden Minerals Company has today released financial results and a business summary for the full fiscal year ending December 31, 2022. Business Summary At the Rodeo mine, 2022 payable production was 11,982 ounces gold in doré and 52,179 oz. silver, with average realized sales prices of $1,805/oz. gold and $21.93/oz. silver. Total cash costs per payable gold oz.1 were $1,362, while plant recovery for gold averaged 74.7 [...]
Golden Minerals Company is pleased to announce the results of an initial Mineral Resource estimate and Technical Report prepared for its Yoquivo silver-gold project located in northwest Chihuahua state, Mexico. Warren M. Rehn, Golden's President and Chief Executive Officer, commented, "We are very pleased to announce the first mineral resource ever reported for the Yoquivo district. At 570 g/t silver equivalent, this is [...]
Golden Minerals Company is pleased to report results from the final 10 holes of the third drill program conducted at its Yoquivo gold-silver project in northwest Chihuahua state, Mexico. Highlights from the program include: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230207005334/en/ Figure 1: Phase 3 drilling, Yoquivo Project, Chihuahua 4.80m* grading 1.45 [...]
Golden Minerals Company has reported production data from its Rodeo gold-silver mine for the fourth quarter ending December 31, 2022 and full year 2022. Summary highlights include the following: Payable gold production: 2,398 oz Au in Q4 and 11,982 oz Au in FY 2022 Payable silver production: 13,560 oz Ag in Q4 and 52,179 oz in FY 2022 Payable gold equivalent production: 2,568 AuEq oz in Q4 and 12,616 AuEq oz in FY 2022 [...]
Golden Minerals Company is pleased to announce assay results from 31 holes of a diamond drilling program recently completed at its Sarita Este property in Salta Province, Argentina. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221215005285/en/ Sarita Este Au-Ag Results, December 2022 The Company has now received the remaining assay results for 12 DD holes [...]
Golden Minerals Company today provided financial results and a business summary for the quarter ending September 30, 2022. Third Quarter Financial Results - Highlights Revenue of $5.3 million yielding a net operating margin of $0.9 million in the third quarter 2022, vs. $8.5 million revenue and a net operating margin of $4.2 million in the third quarter 2021, both from mining operations at the Company's Rodeo gold-silver [...]
Golden Minerals Company has announced it intends to release its third quarter 2022 financial results and hold its quarterly management conference call and webcast on Thursday, November 10, 2022. Financial results for the third quarter 2022 will be released before 7:00 a.m. Eastern Time on November 10, 2022. Management's quarterly conference call and webcast will be held several hours later, at 11:00 a.m. ET. During the [...]
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