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Golden Minerals sold its Velardeña oxide plant in Mexico for $3M, completing its exit from the site.
Golden Minerals completed the sale of its Velardeña oxide processing plant and water wells in Mexico to a private Mexican company on October 10, 2025, for $3.0 million plus VAT.
The final payment of about $28,000 plus VAT was received, finalizing the transaction.
The buyer had previously acquired the Velardeña and Chicago mines, mining equipment, and sulfide processing plant.
With this sale, Golden Minerals has fully exited its Velardeña operations, shifting focus to exploration.
Proceeds may fund exploration, joint ventures, or improve liquidity, though future results depend on market conditions, commodity prices, and regulatory changes.
Golden Minerals vendió su planta de óxido Velardeña en México por $ 3M, completando su salida del sitio.