Allied Nevada Gold announced an agreement with certain holders of its 8.75% senior unsecured notes due 2019 and its secured bank lenders to effect a reduction in the Company's funded debt obligations and provide the Company with additional liquidity. In order to implement this financial restructuring, Allied Nevada and certain of its domestic direct and indirect subsidiaries filed voluntary petitions for relief under [...]
Allied Nevada Gold provides full year preliminary production and sales for 2014 and an update on the status of the mill expansion financing process. In 2014, we increased production by 12% for gold and more than doubled the silver production compared with 2013. Full year 2014 production and sales, as compared with 2013, were as follows:
Allied Nevada Gold announced that it has closed the previously announced public offering (the "Offering") of shares of common stock and warrants, and issued 21,750,000 shares and 10,875,000 warrants for gross proceeds of US$21,750,000. In connection with the purchase, investors received one share of our common stock and one half warrant to purchase our common stock for a price of US$1.00. Each whole warrant entitles the [...]
Allied Nevada Gold announced that it has priced a public offering of shares of common stock and warrants. In connection with the purchase, investors will receive one share of our common stock and one half warrant to purchase our common stock for a price of $1.00. Each whole warrant entitles the holder thereof to purchase one share of our common stock at an exercise price of $1.10 for a period of five years from the [...]
Allied Nevada Gold Corp. announced that it intends to offer shares of common stock together with warrants in a public offering. H.C. Wainwright & Co., LLC will serve as the sole lead placement agent for the offering and Canaccord Genuity Corp. shall act as co-placement agent for the offering. While the offering is expected to price before 9:30 am EST on December 9, 2014, the offering is subject to market conditions, and [...]
Allied Nevada Gold is providing an update to 2014 guidance included in our Quarterly Report on Form 10-Q for the period ended Sept 30, 2014. In late-October and November, we encountered a significant amount of acid leach material in our planned mining areas that had an adverse effect on our drilling and processing capabilities. Acid leach material is a fine, chalky material that slows drilling and reduces available ore to [...]
Allied Nevada Gold in association with M3 Engineering and Technology, has developed an optimized approach to the planned construction sequence for the Hycroft mill expansion. With the completion of the Hycroft mill expansion feasibility study entitled "NI 43-101 Technical Report, Mill Expansion Feasibility Study, Winnemucca" and dated Nov. 3, 2014 in Oct 2014, we directed our focus on the first phase of the mill expansion [...]
RENO, NEVADA--(Marketwired - Nov 7, 2014) - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX:ANV)(NYSE MKT:ANV) announces the filing on SEDAR of a National Instrument ("NI") 43-101 Technical Report representing the qualifying report for the recently announced feasibility study for the Hycroft mill expansion project (see Allied Nevada press release dated October 15, 2014). A copy of the [...]
RENO, NEVADA--(Marketwired - Nov 3, 2014) - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX:ANV) (NYSE MKT:ANV) provides financial and operating results for the three and nine months ended September 30, 2014. Third Quarter Highlights: As previously released, we produced 49,630 ounces of gold and 525,942 ounces of silver and sold 52,176 ounces of gold and 535,407 ounces of silver in the [...]
RENO, NEVADA--(Marketwired - Oct 15, 2014) - Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV) (NYSE MKT:ANV) reports that third quarter 2014 production and sales targets were achieved at its wholly owned Hycroft mine in Nevada. Preliminary third quarter and year to date 2014 production and sales, as compared with production and sales in the comparative 2013 periods, were as follows: ...
RENO, NEVADA--(Marketwired - Oct 15, 2014) - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX:ANV) (NYSE MKT:ANV) is pleased to provide a summary of the Hycroft mill expansion feasibility study results, completed by M3 Engineering and Technology ("M3") in association with the Company. M3 developed the process flow sheet, capital cost estimate, operating cost estimate and financial model [...]
RENO, NEVADA--(Marketwired - Oct 7, 2014) - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX:ANV)(NYSE MKT:ANV) anticipates releasing the results of the feasibility study for the Hycroft mill expansion project, along with preliminary third quarter 2014 production and sales, on or before October 15th, 2014. We expect to issue third quarter financial results on November 3rd, 2014, after [...]