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07/29/13 - $7.13
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allied nevada gold corp (ANV) Details

Allied Nevada Gold Corp., a gold producer, is engaged in the mining, development, and exploration of properties in Nevada. The company’s principal products comprise unrefined gold and silver bars. It operates the Hycroft Mine, an open pit heap leach operation located to the west of Winnemucca, Nevada. The company’s properties also include Maverick Springs, Mountain View, Wildcat, and Pony Creek/Elliot Dome. In addition, it has approximately 73 other exploration properties. Allied Nevada Gold Corp. was incorporated in 2006 and is headquartered in Reno, Nevada.

428 Employees
Last Reported Date: 02/24/14
Founded in 2006

allied nevada gold corp (ANV) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $413.3K
Executive Chairman and Member of Technical Co...
Total Annual Compensation: --
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $379.2K
Compensation as of Fiscal Year 2013.

allied nevada gold corp (ANV) Key Developments

Morganti Legal, P.C Announces Lawsuit against Allied Nevada Gold Corporation

Morganti Legal, P.C. announced that investors have filed a shareholder lawsuit against Allied Nevada Gold Corporation for publishing press release containing alleged Misrepresentations and failing to disclose material facts about its business operations concerning its Lewis Leach Pad between January 18, 2013 and August 5, 2013. The lawsuit alleges that the defendants breached s. 75, and if leave is granted, s. 138.3(1) and s. 138.3(4) of the Ontario Securities Act.

Allied Nevada Gold Corp. Reports Production and Sales Results for the Second Quarter and Six Months Ended June 30, 2014

Allied Nevada Gold Corp. reported production and sales results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported gold production of 56,864 ounces compared to 39,195 ounces a year ago. Silver production was 481,151 ounces compared to 132,841 ounces a year ago. For the six months, the company reported gold production of 116,978 ounces compared to 77,214 ounces a year ago. Silver production was 893,657 ounces compared to 320,841 ounces a year ago. For the quarter, the company reported gold sales of 57,050 ounces compared to 41,512 ounces a year ago. Silver sales were 474,832 ounces compared to 146,303 ounces a year ago. For the full year, the company reported gold sales of 116,520 ounces compared to 68,768 ounces a year ago. Silver sales were 881,066 ounces compared to 321,069 ounces a year ago.

Allied Nevada To Sell Stake In Itself

Allied Nevada Gold Corp. (AMEX:ANV) is in talks to either sell significant stake in itself or in Hycroft mine, according to people familiar with the matter. Allied and its advisers are in talks to mining groups and financial institutions for the sale of stake in itself, people familiar with the matter said. Allied Nevada has also talked to other miners about selling 50% of Hycroft, creating a special joint venture. "We have engaged Credit Suisse and Scotia to assist us with finding a partner to finance the mill construction, whether it be in the form of a joint venture, silver stream, financial investment or a combination of those and other opportunities," a spokeswoman for Allied Nevada said. She declined to comment on specific talks and said the process is at an early stage.


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