Peter Gianulis
On June 18, 2025, Peter Gianulis was appointed as a director of Gold Resource Corporation (the “ Company ”), effective as of that date.
Highest-materiality recent filing
Gold Resource shareholders approve merger with Goldgroup Mining Inc.
Shareholders voted 96,312,452 for, 4,681,241 against, 294,189 abstain on the merger proposal.
Gold Resource Q1 net income $4.7M, EPS $0.03; merger with Goldgroup on track for Q3
Net income of $4.7M ($0.03 EPS); working capital $40.2M, cash $31.0M as of March 31.
Gold Resource reports 2025 annual results: 23,125 AuEq oz sold, cash triples to $25M
Gold equivalent ounces sold were 23,125 (4,944 gold oz, 1,461,898 silver oz); average realized prices: gold $3,657/oz, silver $45.48/oz.
Gold Resource Corporation resumes operations at Don David Gold Mine after illegal blockade lifted
Illegal blockade by ~20 contractor employees terminated on January 22, 2026, resolved without incident.
GORO stockholders to receive 0.3619 Goldgroup shares per GORO share (post-consolidation), valued at US$2.25/share — a 39% premium to Jan 23 close.
Gold Resource Corp agrees to be acquired by Goldgroup Mining in all-stock merger
Each GORO share exchanged for 0.3619 Goldgroup shares (after 4:1 consolidation) per Exchange Ratio.
Gold Resource Corp halts Don David mine operations due to illegal blockade
Illegal blockade by ~20 contractor employees stops all production at Don David mine in Oaxaca, Mexico.
Gold Resource reports strong Q4 production; $25M cash, no debt
Q4 2025 sold 663,503 oz silver (record), 1,785 oz gold; total AuEq 10,413 oz.
GORO reports strong Two Sisters production and resumes Back Forty project
Two-week production: Nov 8-14 avg NSR $1,512/t (129% above model); Nov 15-21 avg NSR $723/t (91% above plan).
Gold Resource Q3 net loss $4.7M; production up but going concern noted
Q3 net loss $4.7M ($0.03/sh); YTD net loss $24.5M; cash used in ops $2.5M.
Gold Resource announces $11.4M registered direct offering; proceeds to repay $6.4M loan
Offering of 25,315,960 shares at $0.45 per share for gross proceeds of ~$11.4M.
Gold Resource reports Q2 net loss $11.5M, AISC $5,458/oz, going-concern doubt
Net loss $11.5M ($0.09/share) on 2,420 AuEq oz sold; AISC $5,458/oz after co-product credits.
Gold Resource reports high-grade H1 drilling at Three Sisters; signs Cominvi development contract
H1 2025: 51 drill holes (6,615m) at Three Sisters system; two new veins modelled, total now 12.
Gold Resource closes $6.28M debt facility; issues warrants for 1.5M shares at $0.65
Loan of $6.28M at SOFR + 5% matures Dec 26, 2026; secured by equity in subsidiary Don David Gold Mexico.
Gold Resource Q1 net loss $8.3M; going concern doubt disclosed
Net loss of $8.3M ($0.07 per share) on 3,394 AuEq oz sold, down from 5,965 YoY.
Gold Resource Corp appoints Armando Alexandri as COO; Alberto Reyes departs April 21
Alberto Reyes left as COO effective April 21, 2025; termination without cause; severance terms under negotiation.
2024 AuEq production of 18,580 oz (8,598 oz gold, 817,333 oz silver); cash costs $2,330/oz, AISC $2,939/oz.
23 underground drill holes totaling 7,671 meters at Don David Gold Mine in Mexico.
Gold Resource Corp restates financials for 2022-2024 due to streaming liability accounting errors
Board concluded on March 14, 2025 that prior financial statements for years ended Dec 31, 2023 and 2022 should no longer be relied upon.
Gold Resource Corp reports 10% increase in Mineral Reserves at Don David Gold Mine
Mineral Reserves at Dec 31, 2024 increased 10% in tonnes vs Dec 31, 2023, replacing 2024 mined reserves.
Gold Resource Corp announces $2.5M direct offering of 15.6M shares at $0.16/share
Up to 15,625,000 common shares offered at $0.16 per share for gross proceeds of ~$2.5 million.
Gold Resource Corp: DDGM near break-even in Nov; needs capital to operate beyond Q1 2025
November production improved at Don David Gold Mine; mine operated slightly above break-even cash flow.
GORO Q3 net loss $10.5M; gold equivalent ounces down 46% YoY; going concern doubt
Net loss of $10.5M ($0.11/sh) vs. $7.3M loss in Q3 2023; total sales $13.3M, down 35% YoY.
Gold Resource reports Q3 production drop; mine may close if $15M not raised by November 2024
Q3 AuEq sales fell to 3,526 oz from 6,532 oz YoY; gold sold 1,357 oz (down 66%).
Gold Resource reports Q2 net loss of $27.7M on $20.8M revenue, gold output down
Net loss $27.7M ($0.30/sh) vs Q2 2023 loss $4.6M; includes $16.5M tax valuation allowance and $3.7M interest on streaming liabilities.
Gold Resource Q1 2024 net loss $4.0M; revenue $18.7M; gold eq sold 5,965 oz
Net loss of $4.0M ($0.05/sh); revenue $18.7M; cash $5.7M, no debt, working capital $13.6M.
Gold Resource Q1 2024 AuEq 5,965 oz, down 41% YoY; production declines
Sold 3,557 oz gold, 216,535 oz silver; total AuEq 5,965 oz vs 10,055 oz in Q1 2023.
Gold Resource Q1 2024 preliminary AuEq sales 5,965 oz, down 41% YoY
Sold 3,557 oz gold, 216,535 oz silver; total AuEq 5,965 oz vs 10,055 oz in Q1 2023.
Gold Resource posts FY 2023 net loss of $16.0M; suspends dividend, initiates strategic review
Net loss of $16.0M on revenue $97.7M; produced 18,534 oz gold and 1,036,229 oz silver.
Gold Resource Q4 2023 AuEq sales drop 42% YoY to 6,768 oz
Q4 2023 gold sales 3,757 oz vs 7,514 oz in Q4 2022; silver 258,252 oz vs 335,168 oz.
Gold Resource Corp reports high-grade drill result: 17.3m at 12.54 g/t AuEq at Don David Mine
Step-out hole 523136 intersected 17.3m (15.0m true width) grading 9.4 g/t Au and 263 g/t Ag.
Gold Resource Corp Q3 net loss $7.3M, cash cost $1,839/oz; launches strategic review
Net loss $7.341M ($0.08/sh), operating cash flow -$7.475M in Q3 2023.
Gold Resource reports Back Forty IA: $214M after-tax NPV, 25.7% IRR
After-tax NPV6 of $214.4M and IRR of 25.7% for Back Forty Project at base-case metal prices.
Gold Resource reports preliminary Q3: AuEq sales 6,532 oz, down 19% YoY
Sold 3,982 oz gold, 208,905 oz silver, 2,571 t zinc in Q3; total AuEq 6,532 oz vs 8,042 oz in Q3 2022.
Gold Resource Corp reports positive Q3 drill results at Don David Gold Mine; 5 rigs, 25,000m drilled
Hole 523035: 8.01m with NSR $223/t incl. 1.11m at $662/t in Susana North vein (Switchback system).
Gold Resource CFO Kimberly Perry departs; Chet Holyoak named interim CFO
Kimberly Perry left as CFO effective August 1, 2023; she served since August 2020.
GORO Q2 net loss $4.6M, EPS -$0.05; gold output 4,637 oz
Q2 net loss $4.584M ($0.05 diluted EPS) vs $2.673M income in Q2 2022.
Q1 2023 net loss of $1M ($0.01 per share) vs. net income of $4M in Q1 2022.
Gold Resource reports 2022 net loss of $6.3M, suspends dividend, production beat guidance
Net loss $6.3M on revenue $138.7M; mine gross profit $29.7M; sold 42,757 gold equivalent ounces (above guidance).
Gold Resource issues 2023 guidance with lower production; suspends dividend
Payable production guided at 17,000-19,000 gold oz and 900,000-1,000,000 silver oz.
On June 18, 2025, Peter Gianulis was appointed as a director of Gold Resource Corporation (the “ Company ”), effective as of that date.
Armando Alexandri was appointed by the Board of Directors of the Company as Chief Operating Officer of the Company, effective as of April 22, 2025.
Effective April 21, 2025, Alberto Reyes is no longer employed as the Chief Operating Officer of Gold Resource Corporation (the “Company”). The termination of his employment with the Company is without cause.
Chet Holyoak, who is the Company’s Corporate Controller, has been appointed to serve as Interim Chief Financial Officer (interim principal financial officer and interim principal accounting officer) of the Company.
Effective August 1, 2023, Kimberly Perry is no longer employed as the Chief Financial Officer of Gold Resource Corporation (the “Company”).
On June 16, 2023, Joe Driscoll notified Gold Resource Corporation (the “Company”) of his resignation as a director of and from all committees of the Board of Directors of the Company (the “Board”) on which he served, effective immediately.
On June 5, 2023, Alex Morrison notified the Company that he was resigning as a director of Gold Resource Corporation (the “Company”) and from all committees of the board of directors of the Company on which he served, effective immediately.
Max materiality 0.95 · Median 0.65 · Most common event other_material