Welcome to our dedicated page for Gold Resource Corporation news (Ticker: GORO), a resource for investors and traders seeking the latest updates and insights on Gold Resource Corporation stock.
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) 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.
Gold Resource Corporation (NYSE American: GORO) announced the resignation of Board member Bill Conrad effective January 15, 2021, due to personal reasons. Mr. Conrad served on the Board for 15 years, contributing significantly since his appointment in 2006. The company expressed gratitude for his service and is now initiating a search for a replacement to fill the vacancy. The Chairman, Alex Morrison, conveyed well wishes to Mr. Conrad for his future endeavors. Gold Resource Corporation specializes in gold and silver production, development, and exploration in Oaxaca, Mexico.
Gold Resource Corporation (NYSE American: GORO) announces significant leadership changes coinciding with the spin-off of its Nevada Mining Unit to shareholders as Fortitude Gold Corporation. Bill Conrad steps down as Chairman, succeeded by Alex Morrison. Jason Reid, former CEO, now leads Fortitude Gold, while Allen Palmiere has been appointed as the new CEO of GORO. The company aims to enhance cash flow and operational efficiency in Mexico for future growth. New independent directors, Lila A. Manassa Murphy and Joseph Driscoll, bring extensive experience to the board.
Gold Resource Corporation (NYSE American: GORO) has announced a monthly dividend of one-third of a cent per share for December 2020, payable on January 25, 2021, to shareholders recorded by January 11, 2021. This follows the company’s commitment to return $115 million to shareholders since July 2010. GORO operates in Oaxaca, Mexico, and Nevada, USA, focusing on low capital expenditure projects offering high returns. Shareholders can convert dividends into physical gold and silver. However, dividends may vary or be discontinued based on operational cash flows and market conditions.
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