Welcome to our dedicated page for Gold Resource news (Ticker: GORO), a resource for investors and traders seeking the latest updates and insights on Gold Resource stock.
Gold Resource Corporation (NYSE American: GORO) is a gold and silver producer, developer, and explorer with operations centered on the Don David Gold Mine in Oaxaca, Mexico and a growth project at Back Forty in Michigan, USA. The GORO news feed on this page aggregates the company’s own announcements and other coverage related to its mining activities, financial performance, and corporate developments.
Readers can find updates on operational performance at the Don David Gold Mine, including production statistics, grades, and metal sales expressed in gold equivalent ounces. Company releases discuss underground development and drilling in key vein systems such as Three Sisters, Gloria, Arista, and Switchback, along with changes in mining methods, equipment upgrades, and process plant optimization efforts.
The news stream also features quarterly financial results, liquidity discussions, and capital-raising activities, including registered direct offerings, At-The-Market equity sales, and loan agreements. Management commentary often addresses working capital, going concern considerations, and the company’s plans to improve cash flow by focusing on higher-grade zones and upgrading its mining fleet and mill.
In addition, this page captures disclosures on the Back Forty Project in Michigan, where Gold Resource Corporation is pursuing feasibility and permitting work, as well as governance items such as board appointments and management changes. Investors and researchers can use this news feed to follow how the company reports progress on its assets, responds to operational challenges, and outlines its strategic priorities over time.
Gold Resource Corporation (NYSE American: GORO) has been invited to a Scoping Environmental Impact Assessment (SEIA) Meeting by Michigan's Department of Environment, Great Lakes and Energy on August 5, 2022. The meeting will allow the company to present the initial site plan and discuss the permitting process for the Back Forty Project. Key improvements include a combined open pit and underground mine, reduced wetland impacts, and a filtered tails facility. CEO Allen Palmiere emphasized the company's commitment to environmental and community concerns.
Gold Resource Corporation (GORO) has declared a quarterly dividend of $0.01 per common share for Q3 2022, payable on September 30, 2022, to shareholders of record as of September 15, 2022. The board maintains discretion over dividends, which may vary or be discontinued based on factors such as operational cash flow and market conditions. GORO operates the Don David Gold Mine in Oaxaca, Mexico, and is focused on enhancing its infrastructure and developing the Back Forty Project in Michigan.
Gold Resource Corporation (GORO) reported solid Q2 2022 performance with gold equivalent sales of 11,475 ounces. The company achieved an operating cash flow of $12.2 million and EBITDA of $29.0 million, while reinforcing 2022 production and cost guidance. Cash balance exceeded $33.3 million after investing over $15 million in capital and exploration. The Don David Gold Mine received the Empresa Socialmente Responsable award for the eighth consecutive year. Shareholder dividends reached $0.9 million this quarter.
Gold Resource Corporation (AMEX: GORO) achieved a strong Q2 2022, selling 8,746 ounces of gold and 231,622 ounces of silver, totaling 11,475 gold equivalent ounces. The company also sold metals including 3,590 tonnes of zinc and 286 tonnes of copper, contributing to a cash balance exceeding $33 million. Production at the Don David Gold Mine remains solid, with ongoing advancements at the Back Forty Project in Michigan.
Gold Resource Corporation (GORO) reported a cash balance of $31.2 million and a net income of $4.0 million for Q1 2022, translating to an EPS of $0.05. The company sold 8,381 ounces of gold and 265,407 ounces of silver, generating $45.4 million in revenue. Investments totaled $7.1 million in exploration and infrastructure, with significant progress in environmental governance. The Don David Gold Mine received the ESR award for community commitment for the eighth year, reinforcing its social responsibility.
Gold Resource Corporation (NYSE American: GORO) will release its financial and operating results for the period ended March 31, 2022 on May 9, 2022, after market close. A conference call is scheduled for May 10, 2022, at 11:00 a.m. Eastern Time, featuring remarks from CEO Allen Palmiere, COO Alberto Reyes, and CFO Kim Perry, followed by a Q&A session. Interested parties can join the conference via webcast or phone. For further details about the company's operations, visit www.goldresourcecorp.com.
Gold Resource Corporation (NYSE American: GORO) has announced a quarterly dividend of $0.01 per share for Q2 2022, payable on June 30, 2022, to shareholders of record as of June 15, 2022. This dividend is subject to variation based on operational cash flows, company strategies, construction needs, and market conditions. The company primarily operates the Don David Gold Mine in Oaxaca, Mexico, and is focused on developing its Back Forty Project in Michigan, USA.
Gold Resource Corporation (AMEX: GORO) announced the hiring of Patrick Frenette as Vice President, Technical Services, and Steve Donohue as Vice President, Environmental and Regulatory Affairs. Both will play critical roles in advancing the Back Forty Project in Michigan, focusing on an environmentally friendly design for the optimized feasibility study and permitting. With over 18 years of mining experience, Frenette's expertise complements Donohue's 30 years of environmental permitting experience. CEO Allen Palmiere emphasizes their addition enhances project success likelihood.
Gold Resource Corporation (GORO) reported robust Q1 2022 results, selling 8,381 ounces of gold and 265,407 ounces of silver, translating to a gold equivalent of 11,729 ounces. Other sales included 4,359 tonnes of zinc, 408 tonnes of copper, and 1,639 tonnes of lead, contributing to a cash balance exceeding $31 million. The Don David Gold Mine in Mexico showed strong production, while the Back Forty Project in Michigan advanced significantly during the quarter.
Gold Resource Corporation (AMEX: GORO) will host its annual shareholders' meeting on May 19, 2022, at 9:00 a.m. Mountain Time in Denver, Colorado. The record date for shareholders entitled to vote is March 21, 2022. Details regarding the business to be conducted will be included in the Notice of Annual Meeting and Proxy Statement, which will be filed with the Securities and Exchange Commission.
The company focuses on gold and silver production, primarily from its Don David Gold Mine in Oaxaca, Mexico, and is developing the Back Forty Project in Michigan, USA.