Golden Minerals Announced Restart Of Silver And Gold Mining Operations At Velardeña; Said Considering Financing Alternatives, Sales Of Assets, Other Available Strategic Alternatives To Avoid Result In Liquidate Co Business
Portfolio Pulse from Charles Gross
Golden Minerals (AUMN) announced the restart of silver and gold mining operations at Velardeña and is considering financing alternatives, sales of assets, and other strategic alternatives to avoid liquidation.
June 05, 2023 | 10:56 am
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Golden Minerals (AUMN) restarts mining operations at Velardeña, which could boost revenues, while exploring financing options and asset sales to avoid liquidation.
The restart of mining operations at Velardeña could lead to increased revenues for Golden Minerals (AUMN). Additionally, the company's exploration of financing alternatives, asset sales, and other strategic options could help avoid liquidation, which would be a positive development for the stock.
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