Tahoe Resources and Rio Alto Mining are pleased to announce that they have completed the Plan of Arrangement initially announced on February 9. Rio Alto operates the La Arena mine in Peru and is developing the Shahuindo project, also in Peru. Pursuant to the Arrangement and effective upon closing of the Arrangement, Rio Alto has become a [...]
Rio Alto Mining is pleased to announce that the previously announced plan of arrangement involving Rio Alto, Tahoe Resources and 1860927 Alberta Ltd. has been approved by the shareholders of Rio Alto and the Court of Queen's Bench of Alberta. Rio Alto held a special meeting of shareholders earlier today at which 99.81% of the shares represented at [...]
Rio Alto Mining announces that, for 2014, net income amounted to $49.8 million or $0.21 per share and that cash flow from operations was $110.9 million. Highlights for the quarter ended December 31, 2014 included: Net income amounted to $1.5 million, or $0.00 per share. The recognition of final income tax adjustments occurred in Q4, and therefore [...]
Rio Alto Mining is pleased to announce that it has filed a NI 43-101 Technical Report with an effective date of December 31, 2014 updating the resources and reserves of the La Arena Gold Oxide Project and Reserves for La Arena Phase II Copper-Gold Project. A copy of this report is available for viewing and retrieval through SEDAR at www.sedar.com [...]
Tahoe Resources and Rio Alto Mining are pleased to announce that they have entered into a definitive agreement to combine their respective businesses (the Transaction) and create a new, leading intermediate precious metals producer with several value-enhancing growth opportunities. The combined company offers shareholders significant low cost [...]
Rio Alto Mining is pleased to announce year-end reserves and resources for the La Arena oxide mine, as well as new reserves for the La Arena Phase II copper-gold project based on the company's recently completed Pre-Feasibility Study. The key highlight of this year's update is the addition of 223,500 gold ounces to P&P reserves, even after stacking [...]
Rio Alto Mining is pleased to announce that its La Arena Gold Mine produced and sold 57,908 ounces of gold during the three months ended December 31, 2014. 222,255 ounces of gold were poured for the twelve months ended December 31, 2014 compared to guidance of 200,000 to 220,000 ounces for the year. Ore and waste production from the La Arena Gold [...]
Rio Alto is pleased to announce that management estimates the capex required to achieve first gold production at its Shahuindo Gold Project by January 2016, at approximately US$ 70 million. The variance in estimated capital relative to Sulliden's November 9, 2012 Technical report reflects a number of changes to approach which are based on Rio [...]
Rio Alto Mining announces that its net income for the quarter ended September 30, 2014 was $21.3 million or $0.08 per share. Cash provided by operations for the quarter amounted to $30.9 million. The World Gold Council adjusted operating cost was $538 per ounce for the quarter. Highlights for the quarter included:
Rio Alto is pleased to announce that its La Arena Gold Mine produced 56,368 ounces of gold during the three months ended September 30, 2014. 164,347 ounces have been produced at La Arena during the nine months ended September 30, 2014 compared with 143,940 ounces for the nine months ended September 30, 2013. "Currently mining operations at La Arena [...]
Rio Alto Mining is pleased to report the assay results from 29 reverse circulation drill holes drilled between May and August 2014 within and around the Calaorco Pit at the Company's La Arena Gold Oxide Mine located in La Libertad, northern Peru. The Calaorco Pit is the primary source of Rio Alto's current gold production. These results are in [...]
S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices after the close of trading on Friday, September 19, 2014: Changes to the S&P/TSX Composite Index will also affect the S&P/TSX Capped Composite and Equal Weight Composite Indices. Stocks added to or removed from the S&P/TSX Composite Index will also [...]