• Concluded gold-silver mining operations at the Rodeo open pit mine in the third quarter of 2023.

  • Silver & gold mining exploration company with projects in Mexico, Argentina and Nevada.

  • Partnering with Barrick at El Quevar- Salta, Argentina

  • We recognize employees and business partners as critical assets

  • Offering investors leverage to silver and gold prices


Golden Minerals offers investors leverage to gold and silver prices. The company holds independently-prepared Technical Report Summaries (SEC S-K 1300-compliant) and Preliminary Economic Assessments (NI 43-101-compliant) on a number of its precious metals projects. 

On November 8, 2023, the company entered into a Securities Purchase Agreement with certain purchasers providing for the issuance and sale by Golden Minerals of shares of its common stock and related warrants and pre-funded warrants. (See the Prospectus Form 424B4 dated Nov. 8, 2023, available on EDGAR and the company's website.) This offering raised $4.2 million and netted approximately $3.8 million after expenses. Golden Minerals does not currently have sufficient resources to meet its expected cash needs during the twelve months ended September 30, 2024. At September 30, 2023, it had current assets of approximately $5.9 million, including cash and cash equivalents of approximately $1.6 million, and accounts payable and other current liabilities of approximately $5.6 million. The company will require further sources of capital.

Golden holds a number of exploration projects in our pipeline, including several which have shown potential through drill results to date, including the Sarita Este gold prospect in Argentina, and the El Quevar silver project in Argentina (currently farmed out to Barrick; Barrick has reported interesting initial drill results in its search for gold on the property). With an effective date of February 24, 2023, an initial mineral resource estimate was completed for the Yoquivo silver-gold project that estimates an inferred mineral resource of 937,000 tonnes at 570 g/t Ag eq (equivalent ounces are calculated using prices of $1,840/oz Au and $24.00/oz Ag) on five veins that had enough drill density to support mineral resources.

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