Anil Jiwani
appointed Anil Jiwani to serve as the Company’s Chief Financial Officer, effective as of June 1, 2025.
Highest-materiality recent filing
Golden Minerals Q1 net loss $0.6M; sells Mexico subsidiary for $1.2M, raises $856k in PIPE
Q1 net loss $0.6M ($0.04/sh) vs $1.2M ($0.08/sh) YoY; admin expenses down to $0.5M.
Golden Minerals reports FY2025 net income of $2.7M but warns cash will run out in Q2 2026
Net income of $2.7M ($0.18 basic EPS) vs net loss of $7.6M in 2024; driven by $6.1M income from discontinued ops.
Golden Minerals sells Mexican subs for $65k; eliminates ~$566k in liabilities
Completed sale of Servicios Velardeña and GMC Equipos on Dec 30, 2025 for $65,000 cash.
Golden Minerals CFO Joseph Dwyer resigns effective May 31, 2025; awarded 100,000 shares
Joseph G. Dwyer notified his resignation as CFO on March 21, 2025, effective May 31, 2025.
NYSE American to delist Golden Minerals; stock to move to OTC Pink on Dec 16
NYSE American notified Golden Minerals on Dec 6, 2024, of delisting due to non-compliance with stockholders' equity rules.
Golden Minerals closes El Quevar sale for $3.5M; warns of possible liquidation if no new capital
Completed sale of Silex Argentina (El Quevar Project) to Butte Energy for US$3.5M total; $2.5M received Oct 24, 2024.
Purchase price $3.5M cash: $500K non-refundable deposit paid Sep 3, $500K on definitive agreement, $2.5M at closing by Oct 31.
Golden Minerals Q2 net loss $2.7M; warns cash may run out in Sept 2024
Net loss $2.7M ($0.19/sh) vs $1.5M ($0.21/sh) in Q2 2023; cash and equivalents $1.4M at June 30, 2024.
Golden Minerals CFO departing; cash may run out by Sept 2024; Velardeña sale delayed
Julie Weedman retiring as SVP and CFO effective Aug 15, 2024; Joe Dwyer (Corp Controller) appointed CFO.
Golden Minerals receives $2.5M for Velardeña sale; $2.627M payment delayed
Full $2,500,000 cash plus VAT received for Velardeña Mine; title transferred to Buyer.
Golden Minerals receives NYSE American non-compliance notice; equity only $0.6M
Stockholders' equity of $0.6M as of March 31, 2024, below minimum $2M requirement.
Rehn resigned as President, CEO and director effective June 17, 2024; will provide consulting for $14,000/month for 18 months.
Stockholders approved increasing authorized common shares from 28M to 100M; filed certificate of amendment on May 13, 2024.
Golden Minerals sells Velardeña & Chicago mines for $5.5M cash; settles Unifin lawsuit
Sale of mining concessions, equipment, land parcels for $5.5M cash plus VAT; buyer paid $1M non-refundable advance on April 29, 2024.
Barrick terminates Earn-In Agreement; El Quevar silver project returns to Golden Minerals
Barrick notified Golden Minerals of election to terminate the Earn-In Agreement on El Quevar; effective April 20, 2024.
Golden Minerals ceases mining operations at Velardeña Properties in Mexico
Restarted Velardeña mining in late Dec 2023 but initial performance fell short of projections.
Golden Minerals begins mining at Velardeña; targeting 325 tpd by end of Q1
Mining operations started December 18, 2023, in six stopes at the Velardeña Properties, Durango, Mexico.
Golden Minerals sells Santa Maria property for $1.5M cash plus 1.5% NSR royalty
Received $1.5M cash and $0.24M VAT for 100% interest in Santa Maria gold-silver property in Mexico.
Golden Minerals closes $4.2M public offering of common stock and warrants
Gross proceeds ~$4.2M from sale of 4.71M common shares and warrants (Series A, B, Pre-Funded) at $0.70 per share.
Golden Minerals enters LOI to sell Santa Maria claims for $1.5M plus royalty
Binding letter of intent with TSM for Santa Maria mining claims in Chihuahua, Mexico.
Golden Minerals Q2 net loss $1.5M; cash burn may force liquidation before Q4 2023
Revenue $5.0M, down 15% YoY; net loss $1.5M ($0.21/share) vs $2.8M loss in Q2 2022.
Golden Minerals raises ~$2.1M via registered direct offering and private placement
Sold 790,000 shares at $1.45 and pre-funded warrants for 637,587 shares at $1.4499 each, gross proceeds ~$2.1M.
Golden Minerals receives delisting notice, plans mine restart with insufficient cash
NYSE American notice: stockholders' equity $4.1M below $6M minimum; compliance plan due July 6, 2023.
Golden Minerals COO John Galassini resigns effective May 31, 2023
COO John Galassini notified the company of his resignation on May 18, 2023.
First shipment of 142 tonnes of gold-rich pyrite concentrate under improved terms to buyer in Manzanillo, Mexico.
Golden Minerals cuts Rodeo margin guidance, Fabled misses payment; cash insufficient for 12 months
Net operating margin from Rodeo for 12 months ending Sep 2023 now $3.6-4.6M, down from $5.5-6.5M.
Golden Minerals reports Q1 2022 gold production of 3,608 oz from Rodeo mine
Payable gold production 3,608 oz; payable silver 13,944 oz; gold equivalent 3,787 oz.
Golden Minerals Q2 net loss narrows to $0.8M on Rodeo production ramp; >500 tpd throughput
Net loss $0.8M ($0.00/share) vs $2.3M loss in Q2 2020; revenue $5.9M from Rodeo doré sales.
appointed Anil Jiwani to serve as the Company’s Chief Financial Officer, effective as of June 1, 2025.
On March 21, 2025, Joseph G. Dwyer notified Golden Minerals Company (the “Company”) that he would be resigning as Chief Financial Officer of the Company, effective on May 31, 2025, to pursue other opportunities.
On July 29, 2024, Julie Weedman notified the Company that she would be retiring and resigning from her roles as Senior Vice President and Chief Financial Officer of the Company, effective on August 15, 2024.
On July 31, 2024, the Board of Directors of the Company appointed Joe Dwyer, the current Corporate Controller of the Company, as the Chief Financial Officer of the Company, effective as of August 15, 2024.
On June 15, 2024, the Board of Directors appointed Pablo Castanos, the then-current Executive Vice President, as President and Chief Executive Officer of the Company and as a member of the Board, effective immediately.
Effective June 17, 2024, Warren Rehn resigned as President and Chief Executive Officer (Principal Executive Officer) of Golden Minerals Company
Effective on July 1, 2023 (the “Appointment Date”), Mr. Pablo Castaños (age 51) shall serve as Executive Vice President of Golden Minerals Company (the “Company”).
On May 18, 2023, John Galassini, Chief Operating Officer of Golden Minerals Company (the “Company”), notified the Company of his resignation as an officer and employee of the Company.
On March 31, 2022, Robert Vogels retired from his position as Senior Vice President, Chief Financial Officer and Corporate Secretary of Golden Minerals Company
On April 1, 2022, Julie Weedman’s appointment as the Senior Vice President, Chief Financial Officer and Corporate Secretary of the Company became effective.
Max materiality 1.00 · Median 0.60 · Most common event other_material