Rio Alto Mining is pleased to announce that the Company has increased its gold production guidance for 2012 from a range of 150 - 160,000 ounces to a range of 190,000 to 210,000 ounces at a cash cost per ounce of gold sold within a range of $500 to $550. The Company is also pleased to announce that it earned $0.17 per share for the quarter ended [...]
Rio Alto Mining is pleased to announce that its La Arena Gold Mine poured 58,081 ounces of gold during the three months ended June 30, 2012. Sales in the second quarter of 43,234 ounces of gold at an average realized price per ounce of $1,586 generated cash sales proceeds of $68.6 million. During the quarter the Company delivered 14,846 ounces of [...]
Rio Alto is pleased to announce that its net income was $33.2 million or $0.19 per share for its first three months of commercial production. Financial Highlights for the three months ended March 31, 2012 were: Cash generated from operations amounted to $54.6 million. Net cash flow for the period was $44.9 million. Revenue was $94.6 million. Cash [...]
Rio Alto announces that the annual general and special meeting of its shareholders will be held at the Hyatt Regency Toronto on King, 370 King Street West, Toronto, ON at 11:00 a.m. on Thursday, May 10, 2012. At this meeting, the shareholders will be asked to re-elect the current members of its Board of Directors for the ensuing year, approve an [...]
Rio Alto Mining is pleased to announce that its La Arena Gold Mine poured 55,973 ounces of gold during the three months ended March 31, 2012. Sales of 55,327 ounces at an average realized price per ounce of $1,664 generated cash proceeds of $91.4 million. The mine site cash cost per ounce of gold produced(1) was $439. Total cash cost per ounce [...]
Rio Alto Mining is pleased to report assay results from 20 reverse circulation drill holes and 10 diamond drill holes completed after September 30, 2011 as part of the Company's ongoing feasibility study for La Arena sulphide deposit at the Company's La Arena Project located in La Libertad Region in northern Peru.
The Toronto Stock Exchange announced today in the Daily Bulletin that the shares of Rio Alto Mining Limited will graduate to trade on TSX at the open of trading on Friday, February 24, 2012. The ticker symbol will remain 'RIO' and the CUSIP number will remain 76689T 10 4. The company will be removed from the S&P/TSX Venture Composite Index after [...]
Rio Alto Mining Limited is pleased to announce that its common shares will commence trading on the Toronto Stock Exchange, effective at market opening, on Friday, February 24, 2012 under the trading symbol 'RIO'. As a consequence, Rio Alto's common shares will be de-listed from the TSX Venture Exchange upon the commencement of trading on the TSX [...]
Rio Alto Mining Limited is pleased to announce that the updated Technical Report referred to in the Company's news release of January 5, 2012 in respect of updated mineral resource estimates for the Company's La Arena Project located in north central Peru has been completed. A copy of this Technical Report is available under the Company's SEDAR [...]
Rio Alto is pleased to announce that Alex Black will now serve as the Company's Chief Executive Officer in addition to his continuing role as President and that Victor Gobitz will serve as the Company's Chief Operating Officer commencing February 1, 2012. Mr. Black and Mr. Gobitz also serve as directors of the Company.
Rio Alto Mining is pleased to announce that it has received updated mineral resource estimates for its 100% owned La Arena Project. The updated oxide mineral resource estimate is limited to the Calaorco and Ethel deposits and a zone of oxide material containing 300ppm - 1000ppm copper to the east of Calaorco. The updated mineral resource estimate [...]
Rio Alto Mining is pleased to report that gold production during construction and development of its 100% owned La Arena Gold Mine amounted to 51,398 ounces during 2011. The Company is finalizing a resource estimate to prepare an updated ore reserve and mining plan after which Rio Alto will provide gold production guidance for 2012. The Company [...]