Golden Minerals Stops Mining Operations at its Velardeña Properties
Golden Minerals(AUMN) Businesswire·2024-02-29 11:45
GOLDEN, Colo.--(BUSINESS WIRE)--Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has announced that it has elected to stop operations at its Velardeña Properties, located in Durango State, Mexico. The Company restarted mining operations at Velardeña in late December 2023, with the goal of progressively increasing production at the mine during the first half of 2024 until it achieved positive cash flow. The initial performance of the mine and processing pla ...