Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (OTCQB:AUMN, TSX:AUMN) has reported financial results and a business summary for the full fiscal year ended December 31, 2024. (All figures are in approximate U.S. dollars.) 2024 Business Summary "2024 was a defining year for Golden Minerals as we undertook a comprehensive strategic repositioning of the Company. This effort not only included the successful sale of several assets, including the Velardeña Properties, the El Quevar project in Argentina, and the Yoquivo exploration project. We have realized a significant reduction in liabilities and a meaningful decrease in our cost structure. These combined actions allowe

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (OTCQB:AUMN, TSX:AUMN) announced today that has sold its wholly-owned Mexican subsidiary, Minera de Cordilleras, S. de R.L. de C.V. ("Minera Cordilleras") to a privately held Mexican company for consideration of US $600,000. The sale agreement was signed on April 1, 2025. Upon consummation of the transaction, Minera Cordilleras held net operating losses, inflation-adjusted capital contributions and five mining concessions in Mexico that had minimal value to the Company. Under Mexican law, the balance of Minera Cordilleras' capital contribution accounts ("CUCAs") may be bought and sold. All funds related to the sale of

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (TSX:AUMN) today announced that it has received notification from the NYSE American LLC (the "NYSE American" or the "Exchange") that the Exchange determined to commence proceedings to suspend and delist the Company's common stock as a result of its determination that the Company is no longer suitable for listing due to its non-compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the NYSE American Company Guide, which require the Company to report stockholders' equity of $6.0 million or more if the Company has reported losses from continuing operations and/or net losses in its five most recent fiscal years

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (TSX:AUMN) today announced it has closed on the sale of its Yoquivo gold-silver project (located in Chihuahua State, Mexico) (the "Yoquivo Project"). The buyer is Advance Metals Limited (ASX: AVM) ("AVM"), an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects. Pursuant to the sales agreement that the Company announced last month (Press Release - Golden Minerals to Sell Yoquivo Project), AVM has purchased 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de C.V., a wholly owned subsidiary of Golden Minerals, for total consideration of US$570,000, whic

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (TSX:AUMN) has today released financial results for the quarter ending September 30, 2024. (All figures are in approximate U.S. dollars.) Third Quarter Financial Summary The Company recorded no revenue related to gold and silver in doré, but recorded revenue of $0.1 million from the sale of metals at the Velardeña Properties during the third quarter 2024. This revenue relates to concentrate shipments that were completed earlier in 2024 but were finalized during the third quarter 2024. In the third quarter 2023, the Company recorded $2.5 million of revenue which was related to the sale of metals at its Rodeo mine.

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (TSX:AUMN) today announced it has signed a binding agreement (the "Agreement") to sell its Yoquivo gold-silver project (located in Chihuahua State, Mexico) (the "Yoquivo Project") to Advance Metals Limited (ASX: AVM) ("AVM") an ASX-listed entity focused on the acquisition, discovery, and advancement of high-quality metals projects (the "Transaction"). Under the terms of the Agreement, AVM shall purchase 100% of the Yoquivo Project from Minera de Cordilleras S. de R.L. de C.V., a wholly-owned subsidiary of Golden Minerals, for total consideration of US$570,000 (the "Purchase Price"), payable in cash, plus value added tax

Golden Minerals Company ("Golden" or the "Company") (TSX:AUMN) today announced the completion of the previously-announced sale of Silex Argentina S.A., its wholly-owned subsidiary that owns the El Quevar Project located in Salta Province, Argentina, to Butte Energy Inc. The total purchase price for the acquisition of Silex was US$3.5 million, of which $1 million was previously paid, and the balance of $2.5 million was paid on October 24, 2024. Concurrent with the closing of the transaction, Butte Energy changed its name to Argenta Silver Corp. INFOR Financial Inc. acted as financial advisor to the Company in relation to this transaction and Fasken Martineau DuMoulin LLP acted as Canadian

Golden Minerals Company ("Golden" or the "Company") (TSX:AUMN) announces that further to its press release dated September 3, 2024, it has entered into a definitive agreement (the "Definitive Agreement") to sell Silex Argentina S.A. ("Silex"), its wholly-owned subsidiary, to Butte Energy Inc. ("Butte"). Butte has agreed to purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the Company's El Quevar silver project located in Salta Province, Argentina. The Definitive Agreement is binding on the parties, pending closing of the sales transaction (the "Transaction") on or prior to October 31, 2024. The purchase price for the acquisition of 100% of Silex is US$

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (TSX:AUMN) today announced it has signed a letter agreement to sell Silex Argentina S.A. ("Silex"), its wholly-owned subsidiary that owns the El Quevar Project, and also provided updates on additional corporate activities. Silex Argentina Sale The Company signed a Letter Agreement (the "Letter Agreement") with Butte Energy Inc. ("Butte") whereby Butte agreed to purchase 100% of the issued and outstanding shares of Silex, which is the sole owner of the El Quevar project located in Salta Province, Argentina ("El Quevar"). The Letter Agreement is intended to be binding on the parties, pending (i) negotiation of a defini

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (TSX:AUMN) has today released financial results for the quarter ending June 30, 2024. (All figures are in approximate U.S. dollars.) Second Quarter Financial Summary Cash and equivalents balance was $1.4 million as of June 30, 2024, compared to $3.8 million as of December 31, 2023. Current liabilities were $4.8 million as of June 30, 2024, compared to $5.7 million as of December 31, 2023. Zero debt as of June 30, 2024, unchanged from December 31, 2023. Net loss was $2.7 million or $0.19 per share in the second quarter 2024, compared to a net loss of $1.5 million or $0.21 per share in the second quarter 2023

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Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (TSX:AUMN) has announced the retirement of the Company's Senior Vice President and Chief Financial Officer, Julie Weedman. Ms. Weedman's retirement, which has been expected for some time, will become effective on August 15, 2024. Ms. Weedman will remain available to the Company on a consulting basis after her retirement date. Ms. Weedman joined Golden Minerals in early January 2022. Pablo Castanos, Golden's President and Chief Executive Officer, notes, "Julie has been a valued member of the Golden Minerals executive team for over 2 ½ years. During her time here, she has made significant contributions to the Company, of

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (NYSE:AUMN, TSX:AUMN) announced today that mining operations executive John Galassini has joined the Company as its Chief Operating Officer, effective May 9, 2022. We are very pleased to welcome John Galassini to the Golden Minerals executive team. John brings to the role more than 30 years of mining operations experience, during which he has successfully managed some of the world's largest open pit mines and numerous underground operations. As COO, John will be responsible for leading the Company's Mexican mining operations, including the operating Rodeo gold-silver mine and the Velardeña Properties, our underground go

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (NYSE:AUMN, TSX:AUMN) today provided financial results and a business summary for the quarter ending September 30, 2022. Third Quarter Financial Results - Highlights (All currency expressed in approximate USD) 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 mine in Mexico. $6.5 million cash and cash equivalents balance as of September 30, 2022, compared to $12.2 million as of December 31, 2021. Net loss of $0

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (NYSE:AUMN, TSX:AUMN) 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 ("ET") 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 call, Golden's management team will discuss third quarter 2022 financial results as well as recent project updates. At the conclusion of the Golden management team's prepared remarks, phone lines wil

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (NYSE:AUMN, TSX:AUMN) today provided financial results and a business summary for the quarter ending June 30, 2022. Second Quarter Financial Results - Highlights (All currency expressed in approximate USD) Revenue of $5.9 million yielding a net operating margin of $1.3 million in the second quarter 2022, vs. $5.9 million revenue and a net operating margin of $2.5 million in the second quarter 2021, both from mining operations at the Company's Rodeo gold-silver mine in Mexico. $9.5 million cash and cash equivalents balance as of June 30, 2022, compared to $12.2 million as of December 31, 2021. Net loss of $0.02 pe

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (NYSE:AUMN, TSX:AUMN) today provided financial results and a business summary for the quarter ending March 31, 2022. First Quarter Financial Results – Highlights (All currency expressed in approximate USD) Revenue of $7.5 million yielding a net operating margin of $3.2 million in the first quarter 2022, vs. $1.8 million revenue and a net operating margin of $0.2 million in the first quarter 2021, both from mining operations at the Company's Rodeo gold-silver mine in Mexico. $11.7 million cash and cash equivalents balance as of March 31, 2022, compared to $12.2 million as of December 31, 2021. Net loss of $0.00 pe

Golden Minerals Company ("Golden Minerals", "Golden" or the "Company") (NYSE:AUMN, TSX:AUMN) today provided financial results and a business summary for the quarter ending September 30, 2021. Third Quarter Summary Financial Results - Highlights (All currency expressed in approximate USD) Revenue of $8.5 million yielding a net operating margin of $4.2 million in the third quarter 2021, from mining operations at the Company's Rodeo gold-silver mine in Mexico. In the third quarter 2020, the Company recorded revenue of $2.1 million and a net operating margin of $1.6 million from the lease of the Company's oxide mill. $8.8 million cash and cash equivalents balance as of September 30, 2021,

Golden Minerals Company ("Golden Minerals," "Golden" or the "Company") (NYSE:AUMN) (TSX:AUMN) today provided financial results and a business summary for the quarter ending June 30, 2021. Second Quarter Summary Financial Results (All currency expressed in approximate USD) 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 (the "Rodeo Property"). In the second quarter 2020, the Company recorded revenue of $1.2 million and a net operating margin of $0.8 million related to a lease of the Company's oxide mill at the Velardeña Properties to

VANCOUVER, BC / ACCESSWIRE  / April 8, 2021 / Fabled Silver Gold Corp. ("Fabled" or the "Company") (TSXV:FCO)(OTCQB:FBSGF)(FSE:7NQ) is pleased to announce that it has entered into an amended and restated option agreement (the "Amended Agreement") with respect to certain of the Company's copper properties, being Neil Property and the Toro Property, located in the Liard Mining Division in northern British Columbia. Pursuant to the Amended Agreement, Fabled also now has the right to acquire additional claims covering an additional 3,842 hectares located in the same mineral belt (together with the Neil Property and the Toro Property, the "Muskwa Property") from High Range Exploration Ltd. (the