February 29, 2024
Golden Minerals stops mining at Velardeña two months after restart
Golden Minerals Ceases Mining Operations at Velardeña Disappointing Performance at Velardeña Mines Emerging news from the Golden Minerals camp hasn’t exactly been gold-standard. Just when the Velardeña mines were gearing up for a triumphant return, fate had other plans. The resumption of operations at Velardeña marked a significant milestone, with the production of gold-rich pyrite flotation concentrates commencing a month prior. However, hopes of a bountiful financial harvest were dashed as mining activities hit a roadblock. A cocktail of low metal prices, mining dilution, and metallurgical hurdles forced a halt in operations. Rethinking Strategies at Velardeña Properties The tides have
