Gold Resource Corp. produced and sold 22,644 gold ounces, 1,066,581 silver ounces, 1,420 copper tonnes, 5,999 lead tonnes and 13,553 zinc tonnes. For the year ended December 31, 2021, we reported net income of $8.0 million with revenue of $125.2 million and mine gross profit of $36.7 million from operations. Allen Palmiere, President and CEO said, "Our operations delivered excellent results during a transformative year [...]
Gold Resource Corp. announced today that the Company will host a conference call on March 11, 2022, at 10:00 a.m. Eastern Time to review its fourth quarter and full year 2021 financial and operational results. The conference call will be recorded and posted to the Company's website later in the day following the conclusion of the call. Following prepared remarks, Allen Palmiere, President and Chief Executive Officer, Kim [...]
Gold Resource Corp. declared its quarterly dividend of one cent per common share for the first quarter of 2022 payable on March 31, 2022, to shareholders of record as of March 15, 2022. Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies [...]
Gold Resource Corp. announced today that it is postponing the release of its fourth quarter and full year 2021 financial results to provide additional time for the Company and its advisors to complete the year end accounting work associated with the acquisition of Aquila Resources Inc. on December 10, 2021. The preliminary results announced on January 19, 2022, remain unchanged. Additional information will be provided as [...]
Gold Resource Corp. sold a total of 22,644 ounces of gold and 1,066,581 ounces of silver in 2021 for a gold equivalent total of 37,512 ounces. Additionally, the Company sold 13,553 tonnes of zinc, 1,420 tonnes of copper and 5,999 tonnes of lead resulting in a year-end cash balance of $34.0 million. Fourth Quarter 2021 Production Highlights 9,848 gold equivalent ounces sold, inclusive of 6,119 gold ounces and 287,805 [...]
Gold Resource Corp. and Aquila Resources Inc. are pleased to announce the completion today of the previously announced statutory plan of arrangement under the Business Corporations Act resulting in the acquisition by GRC, through its wholly-owned indirect subsidiary Gold Resources Acquisition Sub, Inc. , of all the issued and outstanding common shares of Aquila . The Transaction was approved at a special meeting of [...]
Gold Resource Corp. will be featured as a presenting company at the H.C. Wainwright Mining Conference, which is being held virtually today and December 1, 2021. Allen Palmiere, President and Chief Executive Officer will provide an overview of the Company's business during the live presentation and will participate in one-on-one meetings with investors who are registered to join the conference. If you are an institutional [...]
Gold Resource Corp. is pleased to announce that at the Aquila Resources Inc. special meeting of shareholders held earlier today, an overwhelming majority of Aquila shareholders voted in favor of the special resolution approving the previously announced plan of arrangement pursuant to which the Company will acquire all of the issued and outstanding common shares of Aquila . The Transaction required the approval of 66 [...]
Gold Resource Corp. declared its quarterly dividend of one cent per common share for the fourth quarter of 2021 payable on December 29, 2021, to shareholders of record as of December 15, 2021. Dividends may vary in amount and consistency or be discontinued at the Board of Directors' discretion depending on variables including but not limited to operational cash flows, Company development requirements and strategies [...]
$18.9 95% COMPLETE - $21.9 MILLION YEAR-TO-DATE CASH OF $29.5 MILLION AT SEPTEMBER 30, 2021 Gold Resource Corp. earned net income of $1.5 million or earnings of $0.02 per share reflecting the significantly higher gold grades mined and processed during the quarter, offset by fewer tonnes processed due to the temporary shutdown of operations due to COVID-19. Revenues were strong at $29.0 million. Cash flow from operating [...]
Gold Resource Corp. today announced preliminary third quarter 2021 production results. Third Quarter 2021 Production Highlights 9,170 gold equivalent ounces sold, inclusive of 5,809 gold ounces and 255,394 silver ounces sold 268 tonnes of payable copper 1,550 tonnes of payable lead 3,059 tonnes of payable zinc Allen Palmiere, President and CEO said "Despite a self-imposed temporary shutdown due to COVID-19, third quarter [...]
Gold Resource Corp. is pleased to announce that it has entered into a definitive arrangement agreement with Aquila Resources Inc. providing for the acquisition by GRC of all the issued and outstanding common shares of Aquila by way of a plan of arrangement under the Business Corporations Act . As announced by GRC on September 7, 2021, pursuant to the Transaction GRC will, through a wholly-owned subsidiary, acquire all the [...]