The Prospector News

Golden Minerals Company Reports Q2 2023 Gold Production

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Golden Minerals Company Reports Q2 2023 Gold Production

 

 

 

 

 

Golden Minerals Company (TSX: AUMN) (NYSE American: AUMN) has reported production figures from its Rodeo gold-silver mine for the three- and six- month periods ended June 30, 2023. The Company concluded open pit mining at the Rodeo mine during the month of June and moved to processing of stockpiled material.

 

Rodeo Operations Statistics
 
Qtr. Ended
Mar. 31, 2023
Qtr. Ended
Jun. 30, 2023
Six Months
Ended
Jun. 30, 2023
 
Tonnes mined (1)   154,371   72,525   226,896
Tonnes in stockpiles awaiting processing (2)   18,467   10,669   10,669
Tonnes in low grade stockpiles (3)   133,349   111,422   111,422
Tonnes processed   54,272   50,787   105,059
Average tonnes per day processed   603   558   580
 
Average gold grade processed (grams per tonne)   1.6   1.6   1.6
Average silver grade processed (grams per tonne)   9.0   5.8   7.4
 
Plant recovery – gold (%)   72.6   71.6   72.2
Plant recovery – silver (%)   75.5   85.6   80.4
 
Payable gold produced in dore (ounces)   2,081   1,828   3,909
Payable silver produced in dore (ounces)   11,535   7,742   19,277
Payable gold equivalent produced in dore (ounces) (4)   2,219   1,923   4,142
 
Gold sold in dore (ounces)   2,112   1,726   3,838
Silver sold in dore (ounces)   11,369   7,745   19,114
Gold equivalent sold in dore (ounces) (4)   2,248   1,821   4,069
 
Average realized price, before refining and selling costs
Gold (dollar per ounce) $ 1,891.24 $ 1,976.45 $ 1,929.56
Silver (dollar per ounce) $ 22.60 $ 24.34 $ 23.31

 

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

 

In addition, the Company sold approximately 656 tonnes of gold-rich pyrite concentrate, 118 tonnes of silver-rich lead concentrate and 63 tonnes of zinc concentrate during the second quarter 2023. The concentrate was produced from mineralized material from the Velardeña Properties that was mined and stockpiled during 2022 as part of the test-mining program.

 

About Golden Minerals

 

Golden Minerals is a gold and silver producer based in Golden, Colorado. The Company is primarily focused on producing gold and silver from its Rodeo Mine, advancing its Velardeña and Yoquivo 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 July 20, 2023

Share this news article

MORE or "UNCATEGORIZED"


Commerce Resources Announces Closing Of C$2.15 Million Non-Brokered Private Placement Of Secured Convertible Notes

Commerce Resources Corp.  (TSX-V: CCE) (FSE: D7H0) is pleased to... READ MORE

May 13, 2025

North Bay Resources Announces Resource Estimate of 474,000 ounces at Fran Gold Project, British Columbia

North Bay Resources, Inc. (OTC: NBRI) is pleased to announce a re... READ MORE

May 13, 2025

NEVGOLD ADDS MORE SIGNIFICANT OXIDE GOLD-ANTIMONY RESULTS: 2.19 G/T AUEQ OVER 64.0 METERS (0.72 G/T AU AND 0.33% ANTIMONY), INCLUDING 4.17 G/T AUEQ OVER 24.1 METERS (1.47 G/T AU AND 0.60% ANTIMONY), AND ALSO INCLUDING 10.86 G/T AUEQ OVER 4.50 METERS (1.43 G/T AU AND 2.10% ANTIMONY) AT THE LIMOUSINE BUTTE PROJECT, NEVADA

NevGold Corp. (TSX-V:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleas... READ MORE

May 13, 2025

G2 Drills 76m @ 1.5 g/t Au and 3m @ 12.5 g/t Au in Scout Drilling at Peters Mine, Guyana

G2 Goldfields Inc. (TSX: GTWO) (OTCQX: GUYGF) is pleased to annou... READ MORE

May 13, 2025

Aya Gold & Silver Reports Record Q1-2025 Results, Strengthens Liquidity and Reaffirms Guidance

Aya Gold & Silver Inc. (TSX: AYA) (OTCQX: AYASF) announced fi... READ MORE

May 13, 2025

Copyright 2025 The Prospector News