What does $1 billion buy? Big silver mine

A nearly $1 billion expansion to add a milling facility at its flagship Hycroft mine could make Reno’s Allied Nevada Gold Corp. one of the largest silver producers in the world.

Allied Nevada signs major new order with FLSmidth

FLSmidth has been awarded a contract worth approximately $82 million from the company Allied Nevada Gold to supply equipment and services for its major Hycroft gold mine expansion.

Allied Nevada expects to double gold production this year; stock rises 8%

Allied Nevada Gold hit its 2011 production target despite operational delays, and is expecting to double output in 2012.

Silver plunges to Rs 53,200 on global cues, gold gains Rs 165

NEW DELHI: There was no change in the pattern of trade in the bullion market today as silver tumbled by Rs 1,320 to Rs 53,200 per kg, while gold added another Rs 165 to Rs 22,810 per 10 grams in line with a similar trend in overseas markets. Silver coins