Golden Minerals Company is a U.S.-based precious metals mining and exploration company focused on the acquisition, development and production of silver and gold properties in Mexico. The company’s core asset is the Velardeña Properties in Durango State, where it operates both flotation and cyanidation circuits to produce silver-lead-zinc concentrates and doré bars. In addition to Velardeña, Golden Minerals holds the Celaya project in Guanajuato and the Parral project in Chihuahua, each situated in prolific Mexican silver districts.
At Velardeña, Golden Minerals has established a small-scale underground mining operation and a processing facility capable of treating both oxide and sulphide ores. The flotation plant produces a marketable concentrate that is shipped under tolling agreements, while the carbon-in-leach (CIL) circuit processes oxide material to recover gold and silver directly into doré. Exploration programs on the Velardeña licence areas continue to target extensions of known veins and nearby prospects.
In the Guanajuato region, the Celaya project lies near historic high-grade silver mines, with exploration work directed at epithermal vein systems similar to the nearby producing districts. The Parral property covers a large land package over the San Jose mining district, where mapping, drilling and surface sampling aim to define high-grade silver-lead-zinc targets. Golden Minerals’ technical team applies integrated geological, geochemical and geophysical methods to advance both projects toward potential resource delineation.
Founded in 1992 and headquartered in Nevada, Golden Minerals is led by President and Chief Executive Officer Stephen K. Harrison, who joined the company’s board in 2013, and Chief Financial Officer Morgan Brown, appointed in 2017. The company’s corporate offices oversee legal, finance and technical services, while field operations are managed from regional offices in Mexico. Golden Minerals markets its production to smelting and refining partners under long-term agreements and continues to explore new opportunities within the Americas.
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