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Allied Nevada Gold Corp. (TSX:ANV, AMEX:ANV, NYSE:ANV) announced that they had net income of $13.4 million or $0.15 per share for Q3 , compared with $14.7 million or $0.16 per share in the third quarter of 2011.
Allied Nevada Gold Corp. (TSX:ANV, AMEX:ANV, NYSE:ANV) announced that they had net income of $13.4 million or $0.15 per share for Q3 , compared with $14.7 million or $0.16 per share in the third quarter of 2011.
As quoted in the press release:
Net income in the third quarter of 2012 was impacted by increased interest expense of $7.9 million (compared with $0.1 million in 2011) as a result of the May 2012 issuance of the senior unsecured notes. These costs were partially offset by lower exploration, development and land holding costs.
To view the whole press release, click here.