Proactive Investors - Run By Investors For Investors

Gold Resource Corporation produces 6,465 ounces of the yellow metal in third quarter

Output for the three months to end September came in at 291 tonnes of copper, 1,449 tonnes of lead and 4,628 tonnes of zinc...
Gold Resource Corporation produces 6,465 ounces of the yellow metal in third quarter
The firm produced 6,465 ounces of gold in the three months

Mexico and Nevada focused Gold Resource Corporation (NYSE:GORO) repeated its 2017 annual production guidance after output was around 6,465 ounces of gold, 392,153 ounces of silver and significant base metals in the third quarter, it said.

Output for the three months to end September came in at 291 tonnes of copper, 1,449 tonnes of lead and 4,628 tonnes of zinc.

For the first nine months of 2017, the miner produced around 18,908 ounces of gold, 1,217,713 ounces of silver, 804 tonnes of copper, 3,583 tonnes of lead and 11,447 tonnes of zinc.

Its annual outlook is 27,500 gold ounces and 1,850,000 silver ounces, plus or minus 5%.

GORO has returned US$110mln to shareholders in monthly dividends since commercial production began on July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery

Shares in New York eased 2.89% to US$3.70 each.

View full GORO profile View Profile

Gold Resource Corporation Timeline

Related Articles

1533317104_renaiisance-mastre-landscape.jpg
August 03 2018
The company has an extensive portfolio of exploration projects in Nevada and Utah
Copper in periodic table
October 23 2018
Bezant has a huge copper resource under licence in the Philippines
Gold on paperwork
April 16 2018
Dr Rodney Boucher leads on-ground exploration activities as the company pushes on in Victoria.
Copyright © Proactiveinvestors.com, 2018. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use