Energy, Utilities & Water  October 6, 2020

Gold Resource Corp. to spin off Nevada mining unit

COLORADO SPRINGS — Gold Resource Corp. will spring off its mining business in Nevada into a new public company and could move its corporate headquarters from Colorado Springs to Denver, according to a Colorado Springs Gazette report.

The spin-off could improve shareholder value, the company said, and Gold Resource CEO Jason Reid is anticipated to lead the Nevada spinoff.

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