Golden Minerals Company

Golden Minerals Company is pleased to announce that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,427,587 shares of common stock at a purchase price of $1.45 per share in a registered direct offering. In a concurrent private placement, the Company will issue unregistered warrants to purchase up to 1,427,587 shares of common stock with an exercise price of $1.90 per share which [...]

Golden Minerals Company is pleased to announce that Pablo Castaños will be joining the Company on July 1, 2023, serving in a newly-created role of executive vice president. Mr. Castaños brings to the Company more than 20 years of global and strategic leadership expertise, including twelve years in the mining industry, in positions focusing on strategic planning, finance, compliance, sustainability, government affairs and [...]

Golden Minerals Company today announced that on June 6, 2023, the Company was notified by the NYSE American LLC that it was not in compliance with one of NYSE American's continued listing standards as set forth in Part 10 of the NYSE American Company Guide . Specifically, the Company is not in compliance with Section 1003 of the Company Guide since it reported stockholders' equity of less than $6.0 million as of March 31 [...]

Golden Minerals Company announced today that it plans to restart silver-gold mining operations at its Velardeña Properties located in Durango State, Mexico, subject to the receipt of sufficient capital. Warren M. Rehn, Golden's President and Chief Executive Officer, stated, "I am very pleased to announce that Golden Minerals' board of directors has approved plans to restart mining operations at Velardeña. The decision to [...]

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 [...]