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Gold Resource Corp declares January divi

Last updated: 09:24 27 Jan 2016 EST, First published: 04:24 27 Jan 2016 EST

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The company began returning monthly dividends since its commercial production on July 1, 2010, and has paid-out more than US$108mln to shareholders since then

Gold Resource Corp (NYSE: GORO) will pay its monthly dividend for January next month, taking the total returned to shareholders to more than US$108mln.

It will make the payment of a sixth of a cent per share on February 23 this year.

Investors can also convert cash dividends and take delivery of physical gold and silver.

The company began returning monthly dividends since its commercial production on July 1, 2010, and has paid-out more than US$108mln to shareholders since then.

The firm has 100% interest in six potential high-grade gold and silver properties at its producing unit in Oaxaca, Mexico and exploration properties at its Nevada, USA unit.

Earlier this week, Gold Resource announced new Switchback drill highlights from the El Aguila Project's Arista Mine in Oaxaca.

Highlights included 6.32 meters of 5.87 grams per tonne (g/t) gold, 139 g/t silver, 0.58% copper, 5.00% lead and 8.14% zinc, the Colorado Springs, Colorado-based company said in a statement on Tuesday.

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