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flag Golden Minerals sold its Velardeña oxide plant in Mexico for $3M, completing its exit from the site.

flag 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. flag The final payment of about $28,000 plus VAT was received, finalizing the transaction. flag The buyer had previously acquired the Velardeña and Chicago mines, mining equipment, and sulfide processing plant. flag With this sale, Golden Minerals has fully exited its Velardeña operations, shifting focus to exploration. flag Proceeds may fund exploration, joint ventures, or improve liquidity, though future results depend on market conditions, commodity prices, and regulatory changes.

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