Allied Nevada gets OK for crusher investment |

Allied Nevada gets OK for crusher investment

NNBW staff

Allied Nevada Gold Corp. of Reno said last week that its board of directors approved $20.7 million in spending for detailed engineering of a largec rusher unit at its Hycroft Mine near Winnemucca.

Part of the money also will be used to begin ordering equipment that has a long lead time before delivery.

The crusher unit is expected to be in operation in mid-2013. Allied Nevada said it expects to spend about $4 million on the project this year and $16.7 million next year.

The additional equipment is expected to boost recoveries of gold and silver from ores at the mine.


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