Gold Resource (NYSE:GORO) (NYSE: GORO) is a Denver, Colorado–based precious metals producer focused on gold and silver mining and processing. The company’s principal operations are located in Oaxaca State, Mexico, where it holds 100% interest in the Arista underground mine and the El Águila tailings reprocessing facility. Gold Resource’s Mexican operations are complemented by corporate and administrative offices in Denver and field offices in Mexico City.
At the Arista mine, Gold Resource conducts underground mining of high-grade gold and silver veins, producing doré bars and metal concentrates that are shipped to third-party smelters. The El Águila facility reprocesses metallurgical tailings from historic operations, recovering gold and silver through a combination of flotation, cyanidation and fine-particle carbon-in-leach techniques. This two-pronged approach allows the company to blend traditional mining output with low-cost recovery from existing tailings.
Founded in 1998, Gold Resource Corporation completed its initial public offering on the NYSE American exchange in 2007 and commenced commercial production at Arista in 2010. The subsequent commissioning of El Águila in 2012 marked the company’s first major expansion, establishing a model for integrating conventional underground mining with tailings re-treatment. Over time, Gold Resource has prioritized low-cost operations, sustainable mining practices and community engagement in local Mexican jurisdictions.
Gold Resource is led by President and Chief Executive Officer Michael D. Price, a co-founder with more than two decades of experience in mineral exploration and production. Under his direction, the company has pursued a strategy of incremental growth, portfolio optimization and investment in resource definition to extend mine life and enhance long-term value for shareholders.
