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Golden Minerals sold its Mexican operations for $65K, settling major debts and exiting Mexico by Jan. 2, 2026.
Golden Minerals Company completed the sale of its Mexican subsidiaries to a private Mexican group on December 30, 2025, for about $65,000, resolving significant liabilities including $60,000 in unpaid accounts payable, a $56,000 labor claim, and a $450,000 asset retirement obligation tied to the Rodeo mining concession.
The transaction, finalized January 2, 2026, marks a key step in the company’s exit from Mexico, reducing its liabilities and administrative burden.
Proceeds from the sale have been received, and the company plans to redirect resources to other operational areas.
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Golden Minerals vendió sus operaciones mexicanas por $ 65K, liquidando deudas importantes y saliendo de México el 2 de enero de 2026.