AUMN
- Golden Minerals Company
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Overview
Company Summary
Golden Minerals Company (AUMN) is a mining company that primarily focuses on the exploration and development of precious metal deposits. The company is primarily engaged in the acquisition, exploration, and development of mineral properties in Mexico and Argentina.
Golden Minerals Company primarily targets gold and silver deposits, although it also explores for other metals such as copper and zinc. They employ various exploration techniques including geological mapping, geophysical surveys, and drilling to identify potential mineral resources.
Once a potential deposit is identified, Golden Minerals Company focuses on assessing its economic viability and potential production capabilities. This involves conducting feasibility studies, environmental assessments, and estimating the mineral reserves and resources within the deposit.
If a project proves to be economically feasible, Golden Minerals Company advances it into the development phase, which involves detailed engineering, construction, and potentially mine operations. The company aims to extract and process the minerals in an environmentally and socially responsible manner, adhering to relevant regulations and best practices.
In addition to their exploration and development efforts, Golden Minerals Company also maintains an active acquisition strategy. The company seeks to expand its mineral resource base by acquiring properties with exploration potential or by acquiring already producing mines.
Overall, Golden Minerals Company is dedicated to creating value for its shareholders through the discovery, development, and responsible production of gold and other precious metals.