secwatch.observer — SEC 8-K summary
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Issuer:     Golden Minerals Co (AUMN)
CIK:        0001011509
Form:       8-K
Filed at:   2021-08-06T23:59:59+00:00
Accession:  0001558370-21-010759
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Minerals Q2 net loss narrows to $0.8M on Rodeo production ramp; >500 tpd throughput
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- Net loss $0.8M ($0.00/share) vs $2.3M loss in Q2 2020; revenue $5.9M from Rodeo doré sales.
- Net operating margin $2.5M; produced 3,634 payable gold-equivalent oz at cash cost $915/oz.
- Cash $6.9M at June 30, 2021; reaffirms 2021 guidance of 12k-14k oz gold and 25k-30k oz silver.
- New regrind mill pushed throughput >500 tpd in May-June; exploration drill program underway at Rodeo.
- 12-month outlook: net operating margin $11-13M from Rodeo; total forecast expenditures $8.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1011509/000155837021010759/0001558370-21-010759-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1011509/000155837021010759/aumn-20210806x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-010759

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