Welcome to our dedicated page for Golden Minerals news (Ticker: AUMN), a resource for investors and traders seeking the latest updates and insights on Golden Minerals stock.
Golden Minerals Company (AUMN) is a silver ore mining company that has been undergoing a significant restructuring, and its news flow reflects this transition. Recent press releases describe the suspension and sale of its Velardeña mining operations in Mexico, the divestiture of other Mexican subsidiaries, and the sale of projects such as El Quevar in Argentina and Yoquivo in Mexico. These announcements provide insight into how the company has been reducing liabilities, lowering its cost structure, and exiting higher-cost or non-core assets.
News updates also highlight Golden Minerals’ shift toward exploration-focused activities. The company reports ongoing work at the Desierto Project in the Puna region of Salta Province, Argentina, where surface exploration has identified alteration zones and anomalous gold and silver values, and at the Sand Canyon Project in Nevada, where it has exercised an option to earn a majority interest and is finalizing joint venture documentation. These releases give readers a view into how Golden Minerals is attempting to reposition around exploration-stage opportunities.
Investors following AUMN news will also find information about liquidity and capital resources, including the company’s own statements about its cash position, dependence on asset sales or external financing, and the risks it identifies if additional capital is not obtained. Corporate governance developments, such as director elections at the annual meeting and changes in the Chief Financial Officer role, are covered in separate announcements.
This news page aggregates these company-issued updates, including financial results, asset sale completions, project exploration summaries, and trading venue changes, such as the transition from the NYSE American to the OTC Pink Market and the ongoing listing on the Toronto Stock Exchange. Readers can use this coverage to monitor how Golden Minerals’ strategy, assets, and risk profile evolve over time.
Golden Minerals (OTCQB:AUMN) reported full-year 2025 results, highlighting asset sales, reduced liabilities, and a leaner cost structure.
The company posted net income $2.7M, income from discontinued operations $6.1M, and ended 2025 with $1.3M cash and zero debt. Management warns cash may be exhausted in Q2 2026 without new financing.
Golden Minerals (OTCQB:AUMN, TSX:AUMN) announced completion of the sale of its wholly owned Mexican subsidiaries Servicios Velardeña and GMC Equipos on December 30, 2025 for approximately US$65,000. The subsidiaries carried net operating losses, inflation-adjusted capital contributions, and several liabilities including about US$60,000 in past-due accounts payable, a remaining labor claim of about US$56,000, and the Rodeo mining concession with an associated asset retirement obligation and book liability of about US$450,000. All sale funds have been received.
This transaction is presented as a key step in the company’s planned exit from Mexico to substantially eliminate Mexican liabilities, reduce ongoing overhead and administrative costs, and allow focus on other regions.
Golden Minerals (OTCQB:AUMN) reported Q3 2025 results and a business update for the quarter ended September 30, 2025. The company posted a net loss of $2.4 million ($0.16 per share) for the nine months, reduced from $3.8 million a year earlier, and had cash and equivalents of $1.7 million with zero debt.
Key corporate actions: the Velardeña Properties sale closed Oct 10, 2025 for US$3.0 million (full proceeds received), Sand Canyon earn-in to 60% exercised in Jan 2025, and planned Phase I drilling preparations at Desierto. The company expects cash exhaustion around Q2 2026 absent asset sales or financing.
Golden Minerals (OTCQB:AUMN) completed the sale of its Velardeña oxide processing plant and water wells in Durango, Mexico on October 10, 2025. The total purchase price was US$3.0 million plus applicable VAT; the buyer had paid approximately $2.95 million and Golden received the final balance of about $28,000 plus VAT, marking full completion of the transaction.
The Velardeña Buyer previously acquired the Velardeña and Chicago mines, related equipment, and the sulfide plant under separate agreements, and this closing completes Golden's divestment of Velardeña operations so the company can concentrate resources on advancing its exploration portfolio.
Golden Minerals (OTCQB:AUMN) reported its Q2 2025 financial results, revealing a net loss of $1.8 million ($0.12 per share), an improvement from the $2.7 million loss in Q2 2024. The company's cash position stands at $2.5 million, down from $3.2 million in December 2024.
The company has issued a going concern warning, stating it lacks sufficient resources to meet cash needs for the next twelve months. Without additional funding, Golden Minerals expects to exhaust its cash resources by Q1 2026. The company is actively pursuing alternatives, including potential company sale, asset disposals, or external financing.
The company continues its restructuring efforts from 2024, focusing on the Desierto project in Argentina's Puna region, where surface exploration has identified potential precious metal systems. The company plans to initiate a Phase I drill program and is working on joint venture documentation.
Golden Minerals Company (OTCQB: AUMN) has announced the results of its 2025 Annual Meeting of Stockholders held on May 27, 2025. Shareholders elected five directors to serve until the 2026 Annual Meeting. All nominees received strong support, with Kevin R. Morano receiving the highest number of favorable votes at 1,272,722.
The elected board members include Jeffrey G. Clevenger, Pablo Castanos, Deborah J. Friedman, Kevin R. Morano, and David H. Watkins. There were 4,335,189 broker non-votes recorded for each director position.
Golden Minerals Company (OTCQB: AUMN) has appointed Anil Jiwani as its new Chief Financial Officer, effective June 1, 2025. Jiwani, who brings nearly 20 years of experience in accounting and financial management, will succeed Joe Dwyer. The new CFO currently serves as Chief Operating Officer at Avisar Everyday Solutions Ltd., which will now handle Golden Minerals' outsourced accounting functions. Jiwani also holds CFO positions at Perseverance Metals Inc. and Inomin Mines Inc. His background includes experience at PwC LLP and expertise in complex transactions like reverse takeovers. The company expects this outsourcing arrangement to significantly reduce costs while maintaining high-quality financial support.
Golden Minerals (OTCQB: AUMN) reported its full-year 2024 financial results, marking a year of strategic repositioning. The company completed several asset sales, including the Velardeña Properties for $5.5M, El Quevar project for $3.5M, and Yoquivo project for $0.57M.
Financial highlights include: Cash balance of $3.2M as of December 31, 2024 (vs $3.8M in 2023), reduced net loss of $7.6M ($0.52 per share) compared to $9.2M ($1.08 per share) in 2023, and zero debt. Exploration expenses decreased to $0.6M from $1.1M, while administrative expenses reduced to $3.6M from $4.7M.
The company forecasts $3.3M in expenditures for 2025 but warns that without additional cash inflows, resources will be exhausted by Q1 2026, potentially forcing cessation of operations and liquidation.
Golden Minerals Company (OTCQB: AUMN, TSX: AUMN) has announced the sale of its wholly-owned Mexican subsidiary, Minera de Cordilleras, to a private Mexican company for US $600,000. The transaction was completed on April 1, 2025.
The sold subsidiary held net operating losses, inflation-adjusted capital contributions, and five mining concessions in Mexico that were deemed to have minimal value to Golden Minerals. The sale specifically involved the transfer of Minera Cordilleras' capital contribution accounts (CUCAs), which are transferable under Mexican law. The company has confirmed receipt of all funds related to the CUCA sale.