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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
SC 13G/A - Golden Minerals Co (0001011509) (Subject)
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SC 13D/A - Golden Minerals Co (0001011509) (Subject)
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
DEFA14A - Golden Minerals Co (0001011509) (Filer)
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10-K - Golden Minerals Co (0001011509) (Filer)
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
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