Allied Nevada Reports Record Earnings of $24.4 Million ($0.32 Per Share) for the First Half of 2010

- August 9th, 2010

Allied Nevada Gold Corp. (TSE:ANV,NYSE: ANV,AMEX:ANV) reported its financial and operating results for the three and six months ended June 30, 2010.

Allied Nevada Gold Corp. (TSX:ANV,NYSE: ANV,AMEX:ANV) reported its financial and operating results for the three and six months ended June 30, 2010.

The press release is quoted as saying:

Hycroft achieved record production levels of 31,400 ounces of gold and 62,000 ounces of silver in the second quarter of 2010 compared with production of 14,500 ounces of gold and 15,400 ounces of silver in 2009. Record metals sales were also achieved in the second quarter with 29,560 ounces of gold and 63,859 ounces of silver sold at an average cost of sales of $408 per ounce of gold sold.

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Click here to access Allied Nevada Gold Corporate Site

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