Golden Minerals Company (Golden Minerals) is a mining company. The Company owns and operates the Velardena and Chicago precious metals mining operations (the Velardena Operations) in the State of Durango, Mexico, the El Quevar advanced exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in the regions of Mexico and South America. During the year ended December 31, 2012, a Phase VI drilling program was completed at San Diego (Mexico), which included five drill holes totaling 5,500 meters. The Company owns a 300 ton-per-day flotation sulfide mill situated near the town of Velardena. The Velardena Operations consists of two underground mines and two processing plants within the Velardena mining district. The Company's El Quevar silver project is located in the San Antonio de los Cobres municipality. The Zacatecas Mining District is located in the central part of Mexico.