Overview

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Apex Silver Mines from Denver, Colorado was a US-American transnational mining corporation with a tax haven address in the Cayman Islands. Since its start in 1993, Apex Silver Mines Ltd. had become a worldwide important exploration and development company and producer of silver, zinc and lead. On January 12, 2009, Apex Silver and its wholly owned subsidiary, ASMC, filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code with the Bankruptcy Court. The Plan was approved by the Bankruptcy Court on March 4, 2009. In connection with Apex' emergence from bankruptcy as a newly formed Delaware corporation named Golden Minerals Company, Apex sold their 65% interest in the San Crist bal mine to Sumitomo but continue to operate the San Crist bal mine. Golden Minerals also continue to own and explore their broad portfolio of exploration properties. Golden Minerals emerged from Apex Chapter 11 on March 24, 2009. Under the Plan, all of the assets of Apex Silver, other than a small cash reserve for the payment of liquidation expenses, were transferred to Golden Minerals Company, a Delaware corporation that is Apex Silver's successor.

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