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Gold Resource Corporation (GORO) is a dynamic mining and metals company headquartered in Colorado Springs, Colorado, USA. Specializing in the production, development, and exploration of gold and silver, GORO operates significant projects in Oaxaca, Mexico, and Nevada, USA. The company focuses on low capital expenditure projects with the potential for high returns, ensuring efficient and profitable operations.
The company's flagship project, Don David Gold in Oaxaca, Mexico, is a prime example of its commitment to resource extraction and economic growth. Additionally, the Back Forty project in Michigan, USA, underscores GORO's strategic expansion and exploration efforts.
Gold Resource Corporation's approach balances operational efficiency with sustainable practices, aiming for minimal environmental impact while maximizing output. The company is known for its robust financial health, strategic partnerships, and a strong portfolio of valuable assets.
With a focus on delivering shareholder value, GORO continually seeks new opportunities to enhance its production capabilities and resource base. Its transparent business practices and commitment to community engagement further solidify its reputation in the industry. Stay updated with the latest news and developments from Gold Resource Corporation to understand its impact and future trajectory.
Gold Resource Corporation (NYSE American: GORO) announces the departure of Chief Operating Officer Rick Irvine, effective May 19, 2021. President and CEO Allen Palmiere expressed gratitude for Irvine's contributions to the company's growth and success. Gold Resource Corporation, based in Denver, focuses on gold and silver production, development, and exploration, particularly in Oaxaca, Mexico. The new leadership aims to enhance the potential of its existing infrastructure and land around the mine. For more details, visit the company's website.
Gold Resource Corporation (NYSE American: GORO) announced preliminary production results for Q1 2021, reporting 5,019 payable ounces of gold and 253,061 ounces of silver from its Oaxaca Mining Unit. Base metals produced included 382 tonnes of copper, 1,176 tonnes of lead, and 3,134 tonnes of zinc. Despite some production delays due to challenging ground conditions, the company remains confident in meeting its annual production guidance. Cash costs and All-in Sustaining Costs per ounce have significantly declined, attributed to a 30% reduction in treatment charges.
Gold Resource Corporation (NYSE American: GORO) announced its participation in the H.C. Wainwright Spring Mining Conference scheduled for April 19-20, 2021. CEO Allen Palmiere will present the company's business overview and engage in one-on-one investor meetings. Interested institutional investors can register for the event via a provided link. The company operates in Oaxaca, Mexico, focusing on optimizing its existing infrastructure and land position. A webcast of the presentation will be available for 90 days post-event.
Gold Resource Corporation (NYSE American: GORO) has declared a monthly dividend of one-third of a cent per share for March 2021, payable on April 23, 2021. Shareholders of record as of April 12, 2021 will receive this dividend. The company provides an option for shareholders to convert their cash dividends into physical gold and silver. The dividend amount may vary or be discontinued based on operational cash flow, development needs, and market conditions. GRC operates in Oaxaca, Mexico, focusing on maximizing the potential of its existing resources.
Gold Resource Corporation (GORO) has established a Technical Advisory Committee, retaining Dale Finn and Joe Spiteri as its initial members. The committee will advise the board on operational and strategic goals. President and CEO Allen Palmiere expresses confidence in their expertise to enhance growth and productivity. Finn boasts over 31 years of experience with Newmont, while Spiteri has over 35 years in advanced-stage exploration and acquisitions. GRC aims to unlock the upside potential of its land position in Oaxaca, Mexico.
Gold Resource Corporation (NYSE American: GORO) has declared a monthly dividend of one-third of a cent per share for February 2021, payable on March 23, 2021, to shareholders on record as of March 11, 2021. Shareholders have the option to convert cash dividends into physical gold and/or silver. The dividend amount may vary and is subject to the Board’s discretion based on operational cash flows and market conditions. Gold Resource Corporation operates in Oaxaca, Mexico, focusing on gold and silver production and development.
Gold Resource Corporation (NYSE American: GORO) will release its fourth quarter and year-end financial results for 2020 on February 24, 2021, post-market. A conference call is scheduled for February 25, 2021, at 10:00 a.m. Eastern Time. The call will include prepared remarks followed by a Q&A session with CEO Allen Palmiere and CFO Kim Perry. Interested parties can join via webcast or by phone. GRC focuses on gold and silver production and exploration in Oaxaca, Mexico.
Gold Resource Corporation (NYSE American: GORO) has appointed Ron Little, P.Eng, ICD.D, to its Board of Directors. With over 35 years in the mining sector, Little is recognized for founding Orezone Resources Inc. This experience complements the expertise of three other recently appointed board members, enhancing the company's governance and operational strategies. The board aims to optimize Gold Resource Corporation’s operations, particularly in its Oaxaca, Mexico asset, focusing on mining development and exploration.
Gold Resource Corporation (GORO) has announced a monthly dividend of one-third of a cent per share for January 2021, payable on February 23, 2021. Shareholders of record as of February 11, 2021 will receive the dividend. The Company also offers a unique option for shareholders to convert cash dividends into physical gold and/or silver. Variability in dividend amounts will depend on operational cash flows, market conditions, and other factors. For additional details, visit their website.
Gold Resource Corporation (NYSE American: GORO) reported preliminary year-end 2020 production results, highlighting a total of approximately 20,473 gold ounces and 1,189,366 silver ounces produced during the year. The fourth quarter figures showed production of around 6,854 gold ounces and 276,902 silver ounces. Despite challenges posed by the COVID-19 pandemic, the company maintained a strong balance sheet with $25.4 million in cash, allowing for future reinvestments in Mexico. The spin-off of its Nevada Mining Unit to Fortitude Gold Corporation was completed on December 31, 2020.