Golden Minerals Company

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CORPORATE PROFILE
Golden Minerals Company is precious metals mining company, and we own the Velardeña Properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar advanced exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located primarily in or near historical precious metals producing regions of Mexico. Our common stock is publicly traded on the Toronto and NYSE American stock exchanges. more...

PROJECTS
Golden Minerals owns the Velardeña Properties in Durango State, Mexico, which were acquired in September 2011 and contain a significant high-grade silver and gold resource with lead and zinc base metals, and the resource remains open at depth. The company suspended mining and sulfide processing activities at Velardeña in November 2015 due primarily to low silver and gold prices and lower average mill feed grades and gold recoveries than expected, which resulted in continuing net operating losses. The company intends to conserve the assets until such time as mining and processing plans and then-current precious metals prices indicate a sustainable positive operating margin at Velardeña, or until we are able to locate, acquire and develop alternative mineral sources that could be economically mined and transported to the Velardeña Properties for processing. The Properties contain a sulfide mill, an oxide mill (currently leased to Hecla Mining Company) and ample equipment that may be used to support nearby exploration and development activities. more...

EXPERIENCED MANAGEMENT
Our management team has a proven track record of experience in all areas of mineral resource development including acquisition and exploration, permitting, construction, ramp-up and optimization of production, commissioning, operations, mine reclamation and closure. Our management team has worked for major mining companies throughout the world. more...