Golden Minerals Company today provided financial results and a business summary for the quarter ending June 30, 2021. Second Quarter Summary Financial Results Net operating margin of $2.5 million in the second quarter 2021 based on revenue of $5.9 million and cost of metals sold of $3.3 million, all related to mining at the Company's Rodeo gold-silver operations . In the second quarter 2020, the Company recorded revenue [...]
Golden Minerals Company is pleased to report payable production for the second quarter 2021 of 3,634 gold equivalent ounces consisting of 3,452 gold ounces and 12,323 silver ounces from the first full quarter of production at its Rodeo gold-silver mine located in Durango State, Mexico. Compared to the first quarter 2021, payable AuEq production increased by 2,075 ounces or 133%. Gold equivalents are calculated at the [...]
Golden Minerals Company is pleased to announce initial results from its ongoing expansion drill program at its Rodeo open pit gold mine in Durango State, Mexico. The Company announced in March 2021 it was beginning a program encompassing approximately 2,000 meters of exploration drilling at selected near-surface targets located immediately adjacent to the current open pit, as well as additional near-site surface targets [...]
Golden Minerals Company announced today that it intends to call to order and then immediately adjourn its virtual annual meeting of stockholders commencing Thursday May 13, 2021, at 1:00 p.m. Mountain Time. The adjournment of the virtual annual meeting of stockholders will be until 1:00 p.m. on June 10, 2021. No changes have been, or are expected to be, made to the record date or the proposals to be brought before the [...]
Golden Minerals Company today provided financial results and a business summary for the quarter ending March 31, 2021. First Quarter Summary Financial Results Revenue $1.8 million, cost of metals sold $1.5 million and net operating margin $0.2 million in the first quarter 2021, all related to mining at the Company's Rodeo gold-silver operations . In the first quarter 2020, the Company recorded revenue of $1.2 million and [...]
Golden Minerals Company is pleased to announce first quarter 2021 production results from its Rodeo gold-silver mine in Durango State, Mexico. 1,559 gold equivalent ounces produced in gold-silver dor? while ramping up production in the quarter 1,054 gold equivalent ounces of dor? sold in the first quarter On track for annual production of 12,000 to 14,000 ounces gold in 2021 Golden began mining activities at the Rodeo [...]
Golden Minerals Company is pleased to announce it has begun an exploration drilling program at its operating Rodeo gold mine aimed at expanding the resource. The program will encompass approximately 2,000 meters of exploration drilling at selected near-surface targets located immediately adjacent to the current pit. The program has the potential to extend the life of the Rodeo mine well beyond the currently estimated life [...]
Golden Minerals Company has today announced financial results and a business summary for the full fiscal year ending December 31, 2020. All figures are in approximate U.S. dollars. Financial Highlights $9.7 million cash and equivalents balance as of December 31, 2020, compared to $4.6 million on December 31, 2019. $5.6 million revenue for 2020, compared to $7.7 million in 2019 related to the lease of the Company's oxide [...]
Golden Minerals Company is pleased to report the first gold pour from its Rodeo gold project in Durango State, Mexico. The pour occurred on January 30, 2021, on schedule and roughly three weeks after the first loads of material were trucked from the Rodeo site to the Company's Velarde?a oxide plant for processing. The first pour produced approximately 150 gold equivalent ounces. Additional gold pours are planned for early [...]
Golden Minerals Company is pleased to announce it has received assay results from its recent 3,400-meter, 15-hole drill campaign at the Company's Yoquivo gold-silver district-scale property in Chihuahua, Mexico. Highlights include the following: YQ_20_001 Pertenencia Vein 1.3m grading 5.69 g/t Au and 223 g/t Ag within 4.2m grading 2.34 g/t Au and 190 g/t Ag YQ_20_002 Pertenencia Vein 0.6m grading 1.14 g/t Au and 423 g/t [...]
Golden Minerals Company announced today that it has received written notice from the NYSE American LLC that the Company has regained full compliance with the continued listing standards outlined in Part 10 of the NYSE American Company Guide . As previously disclosed, the Company received notice from the NYSE American on August 19, 2019 that it was not in compliance with Section 1003 of the Company Guide when it reported [...]
Golden Minerals Company is pleased to announce it has begun gold production at its Rodeo gold project located in Durango State, Mexico, roughly two weeks ahead of schedule and on budget. The Company transported the first loads of Rodeo’s gold-containing material by road to its nearby Velarde?a oxide mill for processing last week. The mill has begun processing the material and anticipates a first pour of gold-silver dor [...]