Golden Minerals Company (NYSE-A:AUMN, TSX:AUMN, ETR:7GB) has announced production data from its Rodeo gold-silver mine in Mexico for the third quarter of 2022, mining 2,972 ounces of payable gold and 11,907 ounces of payable silver, or 3,103 gold equivalent ounces, at an average gold grade of 2.6 grams per tonne (g/t) and an average silver grade of 10.4 g/t.
The precious metals miner also said it sold 3,018 gold ounces during the quarter, at an average realized price (before refining and selling costs) of US$1,703 per ounce, as well as 11,609 ounces of silver at an average price of US$18.72 per ounce.
READ: Golden Minerals posts drill results from its Yoquivo gold-silver project as it updates on Mexico properties
Golden Minerals noted it processed 521 tonnes per day of ore in 3Q, with a gold recovery rate of 74.6% and a silver recovery rate of 77.6%.
Golden Minerals is a growing gold and silver producer based in Golden, Colorado. The company is focused primarily on producing gold and silver from its Rodeo mine and advancing its Velardena properties in Mexico and, through partner-funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing selected mining properties in Mexico, Nevada and Argentina.
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