CORPORATE PROFILE Golden Minerals Company is a Delaware corporation and our common stock is publicly traded on the Toronto and the New York MKT Stock Exchanges. Golden Minerals owns the Velardeña and Chicago precious metals mining properties (the "Velardeña Properties") in the State of Durango, Mexico, the El Quevar advanced exploration silver property in the Salta province of northwestern Argentina, and a diversified portfolio of precious metals exploration properties located in or near historical precious metals producing regions of Mexico and Argentina. Our total company resources are estimated at approximately 64.6 million silver equivalent ounces in the Measured and Indicated category, plus an additional 65.8 million silver equivalent ounces in the Inferred category.*more...
PROJECTS Golden Minerals owns mine operations in Durango State, Mexico. The Velardeña Properties were acquired in September 2011 and contain a significant high-grade silver and gold resource with associated base metals that remains open at depth. Velardeña achieved payable production of approximately 843,000 silver equivalent ounces during 2012 and 395,000 silver equivalent ounces in 2013 through the quarter ending June 30, 2013. (Production includes only silver and gold, with equivalents calculated using a 60:1 ratio for gold to silver.) On June 19, 2013, production was suspended primarily due to depressed precious metals prices. The property was put onto care and maintenance until such time as precious metals prices plus mining and processing plans support a cash positive outlook for the properties. 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...
