Golden Minerals begins mining at Velardeña; targeting 325 tpd by end of Q1

Golden Minerals Co

Mining operations started December 18, 2023, in six stopes at the Velardeña Properties, Durango, Mexico.
Daily production ramping to ~150 tonnes per day (tpd) in February, reaching ~325 tpd by end of Q1 2024.
Company also produces gold-rich pyrite flotation concentrates from material stockpiled since 2015.
Mining suspended in 2015 due to low metals prices and metallurgical challenges; restarted after evaluating new methods.

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