April 13, 2015
Shareholders of Allied Nevada Gold Corp. gained traction to challenge terms of the mining outfit's bondholder-supported debt restructuring after government bankruptcy monitors gave formal approval Friday to the formation of a rare Chapter 11 equity committee.
April 01, 2015
Troubled mining outfit Allied Nevada Gold Corp. on Tuesday lined up a $17.5 million stalking horse bidder for a portfolio of exploration properties and asked a Delaware bankruptcy judge to bless procedures for the proposed sale.
March 11, 2015
Allied Nevada Gold Corp. file got the blessing of a Delaware bankruptcy judge Wednesday for a host of first-day pleadings, including interim approval of a $78 million debtor-in-possession loan, designed to bolster the mining outfit while it moves ahead with a prearranged Chapter 11 plan.
March 10, 2015
Allied Nevada Gold Corp. filed for Chapter 11 protection Tuesday in Delaware bankruptcy court, citing the sharp drop in gold and silver prices since the fall of 2011 and its inability to raise $1.4 billion to complete a mine expansion project.