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1 Operations  





2 References  














Rio Alto Mining







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From Wikipedia, the free encyclopedia
 


Rio Alto Mining
Company typePublic

Traded as

TSX: RIO
NYSE: RIOM
BVLRIO
IndustryGold Mining
Founded2006
FounderAlexander Black
Headquarters
Vancouver, British Columbia
,
Canada
Revenue$317 million [2012]

Operating income

$153 million [2012]

Net income

$100 million [2012]
ParentTahoe Resources, Inc.
Websitewww.tahoeresources.com
Rio Alto's La Arena Mine located near Huamachucho, La Libertad, Peru, taken from the top of the mine's Calaorco Pit, July 2013.

Rio Alto Mining was a Vancouver-based international gold producer 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. The company and its assets were acquired by Tahoe Resources, Inc. in 2015, and the company no longer exists.

Operations

[edit]

Rio Alto's annual gold production exceeded 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

[edit]
  1. ^ "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.
  • t
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  • Retrieved from "https://en.wikipedia.org/w/index.php?title=Rio_Alto_Mining&oldid=1210584045"

    Categories: 
    Companies formerly listed on the New York Stock Exchange
    Companies formerly listed on the Toronto Stock Exchange
    Gold mining companies of Canada
    Companies in the S&P/BVL Peru General Index
    Canadian company stubs
    Hidden categories: 
    Articles with short description
    Short description matches Wikidata
    All stub articles
     



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