Mexico Ministry of Health Orders Thirty-Day Suspension of All Non-Essential Business Including Mining
Gold Resource Corporation is in the process of furloughing its Oaxaca Mining Unit workforce, none of whom have been diagnosed with the virus. A limited operational staff will maintain safety and environmental systems at the Oaxaca Mining Unit along with performing care and maintenance with a goal to return to production as quickly as possible once the thirty-day suspension is lifted. Due to this mandated shutdown the Company suspends its 2020 production outlook.
The Company’s Nevada Mining Unit is currently operating while taking numerous precautionary measures to keep its employees safe. As this unprecedented situation continues to evolve on often an hourly basis, we appreciate our shareholders’ support as we navigate the impacts of the COVID-19 pandemic on the business world.