Allied Nevada Gold Acheives Record Production in Q4

Gold Investing

Allied Nevada Gold Corp. (TSX:ANV, AMEX:ANV, NYSE:ANV) provided preliminary operating results for the fourth quarter of 2012, including record production.

Allied Nevada Gold Corp. (TSX:ANV, AMEX:ANV, NYSE:ANV) provided preliminary operating results for the fourth quarter of 2012, including record production.

As quoted in the press release:

Highlights: Record average quarterly mining rate of 210,000 tons per day achieved in the fourth quarter of 2012; gold production up 55% quarter over quarter to approximately 46,900 ounces in the fourth quarter of 2012; gold production in 2013 expected to more than double to 225,000 to 250,000 ounces; gyratory crushing system, new 20,000 gpm Merrill-Crowe plant and north leach pad expected to become operational in 2013.

Allied Nevada’s President and CEO, Scott Caldwell, said:

 Our most impressive accomplishments this year have been in advancing our permitting ahead of expectation which has cleared the path for construction and operation of the gyratory crusher and commencement of construction of the mill.

To view the whole press release, click here.

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