trending Market Intelligence /marketintelligence/en/news-insights/trending/F-7vdan0lr_1nsMBx_0Ahw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Golden Minerals unveils initial resource estimates for Rodeo property

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


Golden Minerals unveils initial resource estimates for Rodeo property

Golden Minerals Co. on Jan. 26 released initial National Instruments 43-101-compliant resource estimates for the gold-silver deposit at its Rodeo property in Mexico, based on two processing scenarios.

The first option comprises a mill-grade resource that could be processed at the company's existing oxide mill at its Velardena property, located 80 kilometers away.

Under the first scenario, Rodeo is estimated to host indicated resources containing 46,000 ounces of gold and 200,000 ounces of silver within 400,000 tonnes at 3.3 g/t of gold and 11 g/t of silver.

The second option is a heap leach case that could be a stand-alone operation.

Using heap leaching, indicated resources contain 94,000 ounces of gold and 1.4 million ounces of silver within 3.6 million tonnes at 0.8 g/t of gold and 12 g/t of silver, with inferred resources containing 47,000 ounces of gold and 1.3 million ounces of silver within 3.6 million tonnes at 0.4 g/t of gold and 11 g/t of silver.

The first estimate uses a cutoff grade of 0.83 g/t of gold equivalent, while the second uses a cutoff of 0.17 g/t of gold equivalent.

Golden Minerals noted that using the Velardena mill would likely provide a shorter time to production with lower capital costs, while the heap leach operation would depend on leachability and costs.

"The mill grade resource of about 50,000 gold equivalent ounces has the potential to provide us with more than two years of feed for our Velardena oxide plant," Golden Minerals President and CEO Warren Rehn said. "This could be an important replacement to the company's current cash flow from the mill starting in 2019 after the Hecla lease expires, assuming positive economic results from our ongoing studies of the Rodeo deposit."

The company also reported that it intends to change its Toronto Stock Exchange ticker to AUMN from AUM within the next five to 15 business days, to match its NYSE MKT symbol.