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Golden Minerals Announces Closing of Sale of Velardeña Mine and Associated Facilities and Delay of Closing in Sale of Velardeña Oxide Plant and Water Wells
Jul 15, 2024•almost 2 years ago
Contract Type
agreement
GoldenOtherMining
Description
Golden Minerals Company has announced the closing of the sale of the Velardeña Mine and associated facilities to a privately held Mexican company. The company has received a payment in full of $2,500,000 cash and faces a delay in the closing of the Minera William agreement entered into to sell the oxide processing plant and the water wells located in Durango State, Mexico.
Company Information
Company
Golden Minerals Company
Location
Golden, Colorado, United States
About
Golden Minerals Company is primarily focused on advancing its El Quevar silver property in Argentina, its Yoquivo gold-silver property in Mexico, as well as acquiring and advancing selected mining properties in Mexico, Nevada, and Argentina.
GoldenOtherMining