BRIEF-Golden Minerals posts Q2 revenue $1.6 mln versus $2.0 mln

Thu Aug 11, 2016 7:37am EDT
 
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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 Source text for Eikon: Further company coverage: