Gold Resource Corporation Announces Management Changes | GORO Stock News

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3 days ago
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  • Gold Resource Corporation (GORO, Financial) appoints Armando Alexandri as the new Chief Operating Officer.
  • Outgoing COO, Alberto Reyes, leaves the company effective April 21, 2025.
  • Armando Alexandri brings over 40 years of mining experience, enhancing GORO's operations in Mexico.

Gold Resource Corporation (GORO) has announced a key change in its senior management team. Alberto Reyes has departed as Chief Operating Officer effective April 21, 2025, and Armando Alexandri has been appointed as his successor.

Allen Palmiere, President and CEO of Gold Resource Corporation, expressed gratitude for Reyes’s contributions, highlighting his dedication and teamwork in developing the company. Palmiere warmly welcomed Alexandri, emphasizing his extensive mining expertise, particularly within Mexico, which aligns with the company's strategic goals for the Don David Gold Mine.

Armando Alexandri, a seasoned mining engineer, boasts over four decades of industry experience, primarily across Mexico, Peru, Chile, and Ecuador. His track record includes the design, construction, and operation of various mining projects and processing plants. Alexandri's previous roles have seen him improve profitability and expand operations at several key sites, notably at Luca Mining Corporation and Impact Silver. His appointment is anticipated to bolster GORO's initiatives in unlocking the potential of their assets, improving production rates, and maintaining a strong safety commitment.

Gold Resource Corporation focuses on gold and silver production, with the Don David Gold Mine in Oaxaca, Mexico, being central to its operations. The company is also developing the Back Forty Project in Michigan, USA, striving to leverage existing infrastructure and explore their extensive land holdings for future growth.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.