Schedule 13G Amendment No. 1

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, H1xUefo/x3xGKQBVxe06Gs7O99UBKIPrne01SdA0ycOUpE6YEdYK06dSCykripSL LVAOmIZXJh9MqgH2ottHbA== 0001193125-11-025848.txt : 20110207 0001193125-11-025848.hdr.sgml : 20110207 20110207163143 ACCESSION NUMBER: 0001193125-11-025848 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110207 DATE AS OF CHANGE: 20110207 GROUP MEMBERS: HOCHSCHILD MINING HOLDINGS LIMITED SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Golden Minerals Co CENTRAL INDEX KEY: 0001011509 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 841363747 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52021 FILM NUMBER: 11578962 BUSINESS ADDRESS: STREET 1: 350 INDIANA STREET, SUITE 800 CITY: GOLDEN STATE: CO ZIP: 80401 BUSINESS PHONE: 3038395060 MAIL ADDRESS: STREET 1: 350 INDIANA STREET, SUITE 800 CITY: GOLDEN STATE: CO ZIP: 80401 FORMER COMPANY: FORMER CONFORMED NAME: APEX SILVER MINES LTD DATE OF NAME CHANGE: 19970825 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Hochschild Mining PLC CENTRAL INDEX KEY: 0001446962 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 8880 [8880] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: CALLE LA COLONIA 180 STREET 2: SURCO CITY: LIMA STATE: R5 ZIP: 33 BUSINESS PHONE: 51 1 317 2000 MAIL ADDRESS: STREET 1: CALLE LA COLONIA 180 STREET 2: SURCO CITY: LIMA STATE: R5 ZIP: 33 SC 13G/A 1 dsc13ga.htm SCHEDULE 13G AMENDMENT NO. 1 Schedule 13G Amendment No. 1


				Final
				Page 1 of 8 Pages

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

Golden Minerals Company

(Name of Issuer)

COMMON STOCK WARRANTS

(Title of Class of Securities)

381119106

(CUSIP Number)

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No. 381119106		Page 2 of 8 Pages


(1)	Names of reporting persons IRS Identification No. of Above Persons (Entities Only) Hochschild Mining plc
(2)	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
(3)	SEC use only
(4)	Citizenship or place of organization England and Wales
Number of shares beneficially owned by each reporting person with:		(5)	Sole voting power NONE
		(6)	Shared voting power 300,000 Warrants to purchase Common Stock
		(7)	Sole dispositive power NONE
		(8)	Shared dispositive power 300,000 Warrants to purchase Common Stock
(9)	Aggregate amount beneficially owned by each reporting person 300,000 Warrants to purchase Common Stock
(10)	Check if the aggregate amount in Row (9) excludes certain shares (see instructions) Not Applicable.
(11)	Percent of class represented by amount in Row 9 1.98%
(12)	Type of reporting person (see instructions) HC, CO


CUSIP No. 381119106		Page 3 of 8 Pages


(1)	Names of reporting persons IRS Identification No. of Above Persons (Entities Only) Hochschild Mining Holdings Limited
(2)	Check the appropriate box if a member of a group (see instructions) (a) x (b) ¨
(3)	SEC use only
(4)	Citizenship or place of organization England and Wales
Number of shares beneficially owned by each reporting person with:		(5)	Sole voting power NONE
		(6)	Shared voting power 300,000 Warrants to purchase Common Stock
		(7)	Sole dispositive power NONE
		(8)	Shared dispositive power 300,000 Warrants to purchase Common Stock
(9)	Aggregate amount beneficially owned by each reporting person 300,000 Warrants to purchase Common Stock
(10)	Check if the aggregate amount in Row (9) excludes certain shares (see instructions) Not Applicable.
(11)	Percent of class represented by amount in Row 9 1.98%
(12)	Type of reporting person (see instructions) HC, CO


CUSIP No. 381119106		Page 4 of 8 Pages

Item 1.

(a)

Name of issuer:

Golden Minerals Company

(b)

Address of issuer’s principal executive offices:

350 Indiana Street, Suite 800, Golden, CO 80401

Item 2.

2(a)

Name of person filing:

2(b)

Address or principal business office or, if none, residence:

2(c)

Citizenship:

Hochschild Mining plc

Calle La Colonia 180

Urb. El Vivero, Santiago de Surco

Lima, Peru

England and Wales Corporation

Hochschild Mining Holdings Limited

Calle La Colonia 180

Urb. El Vivero, Santiago de Surco

Lima, Peru

England and Wales Corporation

2(d)

Title of class of securities:

Common Stock Warrants

2(e)

CUSIP No.:

381119106

Item 3.

If this statement is filed pursuant to Rules §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Hochschild Mining plc and Hochschild Mining Holdings Limited are each a Parent Holding Company or Control Person, in accordance with §240.13d-1(b)(1)(ii)(G).


CUSIP No. 381119106		Page 5 of 8 Pages


Item 4.	Ownership

	a.	Amount beneficially owned:

		See the Cover Pages for each of the Reporting Persons.

	b.	Percent of class

		See the Cover Pages for each of the Reporting Persons.

	c.	Number of shares as to which such person has:

		i.	Sole power to vote or to direct the vote

		ii.	Shared power to vote or to direct the vote

		iii.	Sole power to dispose or to direct the disposition of

		iv.	Shared power to dispose or to direct the disposition of

			See the Cover Pages for each of the Reporting Persons.

Item 5.	Ownership of 5 Percent or Less of a Class.

	During the months of November and December, 2010, Hochschild sold all 400,000 shares of the Issuer’s Common Stock which were held by Hochschild. Currently, Hochschild holds Warrants to purchase 300,000 shares of the Issuer’s Common Stock, or 1.98% of the shares of Common Stock issued and outstanding on November 1, 2010. Accordingly, Hochschild’s Schedule 13G reporting obligations with respect to the Issuer’s Common Stock are terminated effective with this filing.

Item 6.	Ownership of More than 5 Percent on Behalf of Another Person

	Not Applicable.

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

	See Exhibit A.

Item 8.	Identification and Classification of Members of the Group.

	See Exhibit A.

Item 9.	Notice of Dissolution of Group.

	Not Applicable.

Item 10.	Certification.

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


CUSIP No. 381119106		Page 6 of 8 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


February 7, 2011				February 7, 2011
Dated				Dated

/s/ Jose A. Palma				/s/ Jose A. Palma
Signature				Signature

Jose A. Palma, Vice President and General Counsel				Jose A. Palma, Authorized Signatory
Name/Title				Name/Title
Hochschild Mining plc				Hochschild Mining Holdings Limited


CUSIP No. 381119106		Page 7 of 8 Pages

SCHEDULE 13G/A

EXHIBIT A

Hochschild Mining plc (“Hochschild”) transferred to the Issuer Hochschild’s 35% interest in the Minera el Quevar S.A. joint venture, which controls approximately 10,000 hectares of the 64,000 hectare El Quevar project, including the Yaxtche target area. The Issuer issued 400,000 shares of its Common Stock and Warrants to acquire an additional 300,000 shares of Common Stock exercisable for three years at an exercise price of US$15.00 per share. These shares and warrants were issued directly to MH Argentina S.A., an indirect wholly-owned subsidiary of Hochschild. In January, 2010, MH Argentina S.A. transferred the shares and warrants to Hochschild Mining Holdings Limited, a wholly-owned subsidiary of Hochschild. Hochschild and Hochschild Mining Holdings Limited may be deemed to be Parent Holding Companies or Control Persons.


CUSIP No. 381119106		Page 8 of 8 Pages

SCHEDULE 13G/A

EXHIBIT B

JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1)

The undersigned persons agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the Common Stock and Warrants of Golden Minerals Company.


		Hochschild Mining plc

Dated: February 7, 2011		/s/ Jose A. Palma
		By: Jose A. Palma
		Title: Vice President and General Counsel

		Hochschild Mining Holdings Limited

Dated: February 7, 2011		/s/ Jose A. Palma
		By: Jose A. Palma
		Title: Authorized Signatory

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