Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16.1 Million
ACCESSWIRE
REVENUE STRONG AT $30.8 million
Cash of $30.5 Million at June 30, 2021
IMPLEMENTED PROFIT SHARING WITH OUR EMPLOYEES
FILTRATION PLANT AND DRY STACK EXPECTED TO BE ON BUDGET AND DELIVERED IN Q3 2021
DENVER, CO / ACCESSWIRE / July 27, 2021 / Gold Resource Corporation (NYSE American:GORO) (the Company , Our or GRC ) earned net income of $1.3 million or earnings of $0.02 per share reflecting the adoption of the new Mexican labor reform, effective June 2021, pursuant to which we onboarded all employees from the outsourced third-party provider to our wholly owned subsidiary, Don David Gold Mexico, resulting in a $1.9 million impact on net income. Revenues were strong at $30.8 million and were greater than both the same period in 2020, which had an interruption in production due to COVID-19 and the same period in 2019, which was a more normal year of mining. Cash flow
Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16 1 Million
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Gold Resource Corporation Reports Q2 2021 Production
ACCESSWIRE
15 Jul 2021, 07:05 GMT+10
DENVER, CO / ACCESSWIRE / July 14, 2021 / Gold Resource Corporation (NYSE American:GORO) (the Company ) today announced preliminary second quarter 2021 production results.
Second Quarter 2021 Production Highlights
9,685 gold equivalent ounces ( Au eq oz ) sold, inclusive of 5,697 gold ounces ( Au oz ) and 270,321 silver ounces ( Ag oz ),
365 tonnes of payable copper,
1,214 tonnes of payable lead, and
3,193 tonnes of payable zinc.
Allen Palmiere, President and CEO, said Gold production in the second quarter was as expected while silver and base metal production remain modestly behind forecast. We continue to address challenging ground conditions with a change in mine sequencing and the use of paste fill. We remain confident in our annual production guidance for gold equivalent ounces and our Total Cash and All-in Sustaining Costs.
Gold Resource Corporation Reports Q2 2021 Production
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