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Gold Resource doubles annual dividend

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Gold Resource doubles annual dividend

Gold Resource Corp. on Oct. 23 increased its instituted annual dividend to 4 U.S. cents per share from 2 cents per share.

This increases the monthly dividend to one-third of a cent per share for October, payable Nov. 25 to shareholders as of Nov. 12.

The company's Isabella Pearl gold mine in Nevada recently reached commercial production, with dore production of over 2,000 ounces in September.