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[GRC] NEWS
PRESS RELEASE
DECEMBER 16, 2013
NYSE MKT: GORO
GOLD RESOURCE CORPORATION�S AGUILA MILL EXPANSION COMPLETE
COLORADO SPRINGS � December 16, 2013 � Gold Resource Corporation (NYSE MKT: GORO) (the �Company�) announces the on time completion of its El Aguila mill expansion. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
The Aguila mill expansion increases the nominal mill throughput capacity to 1,500 tonnes per day. Commissioning of the flotation circuits second ball mill (see photo�s middle tower) was announced in the November 5, 2013 press release. Commissioning of the new flotation cells effectively concludes the construction for mill expansion. Optimization of new equipment will continue into early next year. With tonnes milled per day averaging 853 through the nine months ended September 30, 2013, the Company�s focus will now turn to the continued development of its Arista underground mine with the target to gradually ramp up mill feed towards 1,500 tonnes per day in the future.
To view this press release on the Company website, please click on the following link: http://goldresourcecorp.com/releases/GRC-2013-12-16-1.pdf
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Gold Resource Corporation
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PRODUCER |
CODE : GORO |
ISIN : US38068T1051 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Resource Corp. is a gold exploration company based in United states of america. Gold Resource Corp. produces gold, silver in Mexico. Its main assets in production are EL AGUILA and ARISTA in Mexico and its main exploration properties are LAS MARGARITAS, EL REY, SOLAGA and ALTA GRACIA in Mexico. Gold Resource Corp. is listed in United States of America. Its market capitalisation is US$ 28.6 millions as of today (€ 26.8 millions). Its stock quote reached its highest recent level on June 11, 2010 at US$ 9.91, and its lowest recent point on September 15, 2023 at US$ 0.44. Gold Resource Corp. has 57 107 884 shares outstanding. |