Welcome to our dedicated page for Gogold Resources news (Ticker: GLGDF), a resource for investors and traders seeking the latest updates and insights on Gogold Resources stock.
GoGold Resources Inc. (GLGDF) is a Canadian mining company focused on silver and gold production through its Parral Tailings mine and Los Ricos projects in Mexico. This page aggregates all official press releases, financial announcements, and operational updates, providing investors and analysts with a centralized source for tracking the company's progress.
Access timely, verified information on quarterly earnings, resource estimation reports, exploration milestones, and strategic partnerships. Our curated collection ensures you stay informed on developments directly from company sources, maintaining compliance and factual integrity.
Key updates include metallurgical advancements, underground mining progress, feasibility study results, and corporate governance announcements. Each entry is structured to highlight material impacts on operational efficiency and market positioning.
Bookmark this page for streamlined access to GoGold's latest communications. Regularly revisit to monitor evolving initiatives in precious metals extraction and resource development.
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) has released its Q3 2024 financial results. The company generated $10.4 million in revenue from the sale of 365,119 silver equivalent ounces at a realized price of $28.37 per oz. Production reached 400,236 silver equivalent ounces, including 138,708 silver ounces and 2,436 gold ounces. GoGold reported an adjusted cash cost of $18.54 and an all-in sustaining cost of $24.59 per silver equivalent ounce.
The company's cash position stands at $76.4 million USD. GoGold celebrated 10 years of continuous production at Parral and is focusing on growth in the Los Ricos district. A definitive feasibility study for Los Ricos South is expected in September, with plans for a bulk underground operation in the first decade of production.
GoGold Resources (TSX: GGD, OTCQX: GLGDF) announced a quarterly production of 400,236 silver equivalent ounces at its Parral facility for the quarter ending June 30, 2024. This includes 138,708 silver ounces, 2,436 gold ounces, 148 tonnes of copper, and 125 tonnes of zinc, marking a 6% rise from the previous quarter. The increase is attributed to the newly added zinc circuit. CEO Brad Langille highlighted the progress on the definitive feasibility study for Los Ricos South, focusing on a larger underground mine and a smaller open pit, pushing the need for an open pit permit over a decade into the future. The study results are expected in early September.
GoGold Resources (TSX: GGD; OTCQX: GLGDF), focused on silver and gold production in Mexico, will participate in THE Mining Investment Event of the North. The event will be held from June 4-6, 2024, in Quebec City. President & CEO Brad Langille will present on June 4 at 11:30 AM ET. The company's management team will also hold one-on-one investor meetings throughout the event. Interested investors can contact Jennifer Choi at jchoi@irinc.ca for registration inquiries.
GoGold Resources has released its fourth annual Sustainability Report, highlighting the company's commitment to ESG practices. Notable achievements include a 44% reduction in energy consumption, a 38% decrease in CO2 emissions, and production of silver at a low carbon footprint of 0.006 tCO2e per ounce. The report also notes an 8% increase in safety and professional training hours, totaling over 12,000 hours. Financially, GoGold invested $17.2 million USD in local purchases and donated 600 machine hours for community infrastructure. The company received the ESR distinction and provided various social benefits to local communities, including food packages, educational supplies, and medical services. The report covers activities from January 1 to December 31, 2023, and follows the Global Reporting Initiative guidelines.
GoGold Resources Inc. released its Q2 2024 financial results, showcasing net income of $1.3 million and revenue of $8.9 million from the sale of 374,140 silver equivalent ounces. Cash on hand is $80.8 million USD. The company saw production of 375,745 silver equivalent ounces, including silver, gold, and copper. Adjusted cash cost per silver equivalent ounce was $17.29. The company also announced changes to its Board of Directors, with the retirement of George Waye and the appointment of Douglas Reid.
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