Uncategorized
Golden Minerals Company Announces Q3 2022 Gold Production
Golden Minerals Company (NYSE American: AUMN) (TSX: AUMN) has reported production data from its Rodeo gold-silver mine for the third quarter of 2022. Summary highlights include the following:
- Payable gold production: 2,972 oz Au
- Payable silver production: 11,907 oz Ag
- Payable gold equivalent production: 3,103 AuEq oz
- Average gold grade: 2.6 g/t Au
- Throughput (tonnes per day processed): 521 tpd
- Gold recovery: 74.6%
- Silver recovery: 77.6%
- Realized gold/silver prices (before selling and refining costs): $1,703/oz Au and $18.72/oz Ag
2022 year-to-date production data is shown in the table below.
| Rodeo Operations Statistics | ||||||||||||
| Three Months Ended March 31, 2022 |
Three Months Ended June 30, 2022 |
Three Months Ended Sept. 30, 2022 |
Nine Months Ended Sept. 30, 2022 |
|||||||||
| Tonnes mined (1) | 203,591 | 213,925 | 192,545 | 610,061 | ||||||||
| Tonnes in stockpiles awaiting processing (2) | 10,898 | 21,713 | 23,618 | 23,618 | ||||||||
| Tonnes in low grade stockpiles (3) | 88,559 | 95,932 | 121,202 | 121,202 | ||||||||
| Tonnes processed | 47,437 | 47,479 | 47,947 | 142,863 | ||||||||
| Average tonnes per day processed | 527 | 522 | 521 | 523 | ||||||||
| Average gold grade processed (grams per tonne) | 3.1 | 2.6 | 2.6 | 2.8 | ||||||||
| Average silver grade processed (grams per tonne) | 11.6 | 10.4 | 10.4 | 10.8 | ||||||||
| Plant recovery – gold (%) | 75.4 | 75.1 | 74.6 | 75.1 | ||||||||
| Plant recovery – silver (%) | 82.8 | 82.3 | 77.6 | 81.0 | ||||||||
| Payable gold produced in dore (ounces) | 3,608 | 3,004 | 2,972 | 9,584 | ||||||||
| Payable silver produced in dore (ounces) | 13,944 | 12,768 | 11,907 | 38,619 | ||||||||
| Payable gold equivalent produced in dore (ounces) (4) | 3,787 | 3,158 | 3,103 | 10,050 | ||||||||
| Gold sold in dore (ounces) | 3,855 | 3,060 | 3,018 | 9,933 | ||||||||
| Silver sold in dore (ounces) | 14,481 | 13,180 | 11,609 | 39,269 | ||||||||
| Gold equivalent sold in dore (ounces) (4) | 4,040 | 3,219 | 3,145 | 10,405 | ||||||||
| Average realized price, before refining and selling costs | ||||||||||||
| Gold (dollar per ounce) | $ | 1,887.65 | $ | 1,864.99 | $ | 1,703.10 | $ | 1,824.60 | ||||
| Silver (dollar per ounce) | $ | 24.24 | $ | 22.49 | $ | 18.72 | $ | 22.02 | ||||
| Notes: | ||||||||||||
| (1) Includes all mined material transported to the plant, stockpiled or designated as waste | ||||||||||||
| (2) Includes mined material stockpiled at the mine or transported to the plant awaiting processing in the plant | ||||||||||||
| (3) Material grading between 1.6 g/t (current cutoff grade) and 1 g/t Au held for possible future processing | ||||||||||||
| (4) Gold equivalents based on realized $ Au and $ Ag price | ||||||||||||
About Golden Minerals
Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The Company is primarily focused on producing gold and silver from its Rodeo Mine and advancing its Velardeña Properties in Mexico and, through partner funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.
Posted October 17, 2022
MORE or "UNCATEGORIZED"
JUGGERNAUT CLOSES FINANCING WITH CRESCAT CAPITAL AS LEAD INVESTOR FOR 19.97%
PLANS FOLLOW UP DRILLING ON EXTENSIVE HIGH-GRADE COPPER-GOLD TARG... READ MORE
May 13, 2024
KARORA REPORTS RECORD REVENUE AND STRONG CASH FLOW FOR Q1 2024
Karora Resources Inc. (TSX: KRR) announced financial and operatin... READ MORE
May 13, 2024
OceanaGold Completes IPO, Raises US$106M for the Sale of 20% Interest in OGPI
OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) is pleased to an... READ MORE
May 13, 2024
Drilling Continues to Expand Gold Resource at OKO
G2 Goldfields Inc. (TSX: GTWO) (OTCQX: GUYGF) is pleased to provi... READ MORE
May 13, 2024
CANTEX INTERSECTS UP TO 25.07% LEAD-ZINC WITH 72g/t SILVER AT ITS 100% OWNED NORTH RACKLA PROJECT, YUKON AND WILL COMMENCE DRILLING ITS COPPER PROJECT WHERE PREVIOUS DRILLING INTERSECTED 2.5m OF 3.93% COPPER
Cantex Mine Development Corp. (TSX-V: CD) (OTCQB: CTXDF) provides... READ MORE
May 13, 2024
