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 is a mining company that 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 60 million silver equivalent ounces in the Measured and Indicated category, plus an additional 67 million silver equivalent ounces in the Inferred category.*more...
PROJECTS Golden Minerals owns mining operations in Durango State, Mexico. The Velardeña Properties 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. Velardeña operated from September 2011 until June 2013, at which time production was suspended subsequent to the sharp drop in precious metals prices. Between June 2013 and June 2014, Golden Minerals conducted an extensive review and evaluation of the Properties which included a 9,000-meter drill program that concluded in June 2014. We recommenced mining activities at the Velardeña Properties in July 2014 and began processing material from the Velardeña mine in November 2014. We are primarily focused on efforts to optimize mining and processing activities at Velardeña in order to achieve positive net cash flows from the Velardeña Properties. more...
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