Rio Alto Mining
Public | |
Traded as |
TSX: RIO NYSE: RIOM BVL: RIO |
Industry | Gold Mining |
Founded | 2006 |
Founder | Alexander Black |
Headquarters | Vancouver, British Columbia, Canada |
Key people | Alexander Black, President and CEO |
Revenue | $317 million [2012] |
$153 million [2012] | |
$100 million [2012] | |
Website |
www |
Rio Alto Mining is a Vancouver based international gold producer. The company is engaged in the exploration, development, and production of mineral resource properties throughout Latin America, with its principal asset, the La Arena mine, in La Libertad Region, Peru.
Operations
Rio Alto has annual gold production exceeding 200,000 ounces from its La Arena mine.
In 2008, Rio Alto purchased La Arena from Iamgold for $48 million.[1] In May 2011, the company poured its first gold from operations at La Arena. [2] Tahoe Resources announced a merger with Rio Alto Mining on February 9, 2015 for $1.12B. The merger was completed on April 1, 2015.
References
- ↑ "IAMGOLD to Receive in Excess of $48 Million From Sale of La Arena". May 8, 2008.
- ↑ "Rio Alto Pours 1,115 oz of Gold at La Arena". May 9, 2011.
External links
This article is issued from Wikipedia - version of the Sunday, June 21, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.