Brief: Golden Minerals posts Q2 revenue $1.6 mln versus $2.0 mln

Golden Minerals

11/08/2016 11:50

Aug 11 (Reuters) - Golden Minerals Co: 
    * Golden Minerals reports second quarter 2016 results 
    * Q2 revenue $1.6 million versus $2.0 million 
    * Company currently expects it will have sufficient cash to 
continue its business plan into 2017 without external funding 
    * Expects to receive about $2.4 million in net operating 
margin from lease of oxide plant in remaining two quarters of 
2016 
    * Currently plans to spend approximately $3.9 million during 
remaining two quarters of 2016 
 
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