is a Colorado-based precious metals mining company with a pipeline of development and exploration projects that offers investors leverage to silver and gold prices.
We seek to establish Golden Minerals Company as a premier mid-tier precious metals mining company, with efforts focused in Mexico, Argentina and Nevada (USA). We own or control a portfolio of precious metals projects -- including the Velardeña Properties in Durango State, Mexico; El Quevar, an advanced exploration silver project with district potential located in the Salta province of Argentina; the Yoquivo silver-gold district-scale project in Chihuahua, Mexico; the Sarita Este gold-copper prospect in Salta, Argentina; and additional projects located within the traditional silver-producing areas of Mexico.
The company's Rodeo mine in Durango State, Mexico, concluded production in Q2 2023 and processing in Q3 2023. Throughout its Q1 2021 - Q3 2023 lifespan, Rodeo generated over $57M in revenue and $18M in net operating margin, with total capital costs of less than $2M.
After raising equity of approximately $3.8 million (net of fees and expenses) in November 2023, the company is completing pre-production activities at the Velardeña Properties underground silver-gold mines in anticipation of resuming silver-gold mining operations. Velardeña last operated in late 2015, at this point, a combination of lower metals prices, metallurgical challenges, and mining dilution led to unprofitable operations, and Velardeña was put into care and maintenance. Since then, Velardeña's oxide processing mill was first leased to Hecla Mining for five years and used to process material from our Rodeo gold mine. Q3 2023 preparations include permitting, equipment readiness, and arrangements with union staff, contract miners, plant operators and support personnel.
We are led by a team of accomplished and driven management and directors whose decades of multi-faceted experience -- encompassing areas including mining exploration, development, operations and accounting -- combine to provide strong strategic direction for the company. Our team is united in working toward realizing Golden’s vision.
Join Kevin Dwyer, a seasoned stock trader, and Robynne Eaton, an entrepreneurial filmmaker, in 'The Mine$tockers' as they embark on a thrilling international quest. Venturing into rugged and often perilous mining territories, they investigate publicly traded mining companies, from gold to base metals, seeking profitable investments and making critical investment decisions.
Their journey digs deep into the lives of local communities and complex relationships between mining operations, environmental stewardship, and Indigenous peoples. With insights from geologists, experts, and Indigenous partners, Kevin and Robynne evaluate each company's environmental and social governance, revealing the intricate balance of industry standards and ethical practices.
Travel alongside them in diverse modes, from RVs to seaplanes, as they uncover the hidden stories and histories of the mining world, offering a unique perspective on the challenges and beauties of the global mining landscape.
But the adventure doesn't stop with watching - viewers can dive into the action themselves with the Mine$tockers Fantasy Trading Pool. This immersive experience allows you to create your own trading portfolio with $100,000 in fantasy bucks and compete against the Mine$tockers throughout the season. The stakes are high: half of the growing cash prize pool goes to the top-performing trader, while the other half is earmarked for a charity of the Mine$tockers' choice. However, if the Mine$tockers themselves clinch the top spot on the scoreboard at season's end, the entire prize pot will be donated to charity. It's not just about watching investments unfold - it's about testing your own trading mettle in this high-stakes, real-time challenge.
With over 20 years of experience in the film industry as both a producer and actor, Robynne Eaton brings her keen eye and storytelling expertise to Mine$tockers. She'll investigate the history surrounding ESG (Environmental, Social, and Governance) practices and help tell the story of the mining world through her unique perspective.
Robynne's passion for uncovering the truth shines as she delves into the intricacies of mining operations. Her professional film production background and engaging personality allow her to present an unbiased and captivating view of the industry.
Former Bay Street trader, Kevin Dwyer, has transitioned from his role as an over-the-counter stock trader in the resource sector to a private investor and adventurer. He now visits mining properties to gain firsthand insights.
The Mine$tockers believe in making informed investment decisions in the mining industry. They carefully evaluate established and up-and-coming mining stocks, interact with local communities and base their trades on their findings.
With a wealth of experience in the great outdoors, Kevin has traveled to diverse destinations, from the northern wilderness to the southern deserts. He is an avid sportsman, hiker, and adventurer.
MineStocker Bali loves to get details of lunch firsthand.
Bali will examine the local food highlights while checking out local canine!
Who are the people on-site, in the mine office as well as in town? Meet them with Bali, see them from her eyes.
Bali has traveled to many fantastic and exciting places for lunch and will lead the way!