Golden Minerals (AUMN) has released an update.
Golden Minerals Company has faced operational setbacks, halting silver-gold production at their Velardeña Properties in Mexico due to insufficient staffing and equipment issues. The company also regained full control of the El Quevar silver project in Argentina after Barrick Gold Corporation withdrew from their Earn-In Agreement. Additionally, Golden Minerals struck a deal to sell various mining assets for $5.5 million, with part of the payment already received, though the completion of the sale remains uncertain.
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