Allied Nevada on track to meet annual output guidance after strong Q2

|About: Allied Nevada Gold Corp (ANV)|By:, SA News Editor

Allied Nevada (ANV) says Q2 gold production and sales were 51% and 69% higher, respectively, in H1 of 2014 vs. the same period a year ago, on track to meet its annual guidance.

ANV says the largest contributor to the improved production and sales was the increased processing capacity of the new Merrill-Crowe plant.

Says Q2 production and sales targets were achieved at the Hycroft mine, which continues to benefit from increased mining capacity and process improvements implemented to the heap leach operation.