Allied Nevada Gold Corp. is pleased to announce that it has achieved its metal production and sales expectations in the third quarter of 2013. The Hycroft mine ("Hycroft") produced a record 52,198 ounces of gold and 184,070 ounces of silver in the third quarter of 2013 and we sold a record 52,713 ounces of gold and 184,082 ounces of silver. We believe that we are on track to achieve full year production and sales guidance of 175,000 - 200,000 ounces of gold and 0.9 million - 1.1 million ounces of silver in 2013.
"I am very pleased with the progress being made at site by the new operating team. While I fully expected them to turn the operation around, I am impressed with the speed and efficiency with which they have been able to improve production," commented Randy Buffington, President and CEO of Allied Nevada. "This is a first-rate team with the systems, discipline and determination that give us the confidence that we can continue to move forward with building a world-class operation."
We expect to provide third quarter financial results during the week of November 4, 2013. A conference call and Q&A session will follow the release, details and timing of which will be announced shortly
Yes do not adjust your eyes, that is a high of $41.01 in 2012 to a close today of $5...
No comments:
Post a Comment