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    market news

    Allied Nevada Q3 Profit Surges, Cuts 2011 Guidance

    Investing News Network
    Nov. 08, 2011 10:23AM PST
    Silver Investing

    Mining Weekly reported that increased silver production helped Allied Nevada (AMEX:ANV) to a substantial increase in Q3 2011 net earnings.

    Mining Weekly reported that increased silver production helpedĀ Allied Nevada (AMEX:ANV) to a substantial increase in Q3 2011 net earnings.

    As quoted in the market news:

    The company produced 26 339 oz of gold during the three-month period, which was a 10% reduction compared with the figure for the third quarter in 2010, while silver output jumped 60% to reach a record 121 264 oz.

    Click here to read the full Mining Weekly report.

    market newsamex:anv
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