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Last C$3.33 CAD
Change Today -0.11 / -3.20%
Volume 141.2K
RIC On Other Exchanges
As of 3:59 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

richmont mines inc (RIC) Snapshot

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01/27/15 - C$4.55
52 Week Low
08/5/14 - C$1.66
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richmont mines inc (RIC) Details

Richmont Mines Inc. engages in the mining, exploration, and development of mining properties primarily gold in Canada. It operates three gold mines, including the Beaufor and Monique mines in Quebec; and the Island Gold mine in Ontario. The company is also developing the Island Gold Deep project located in Ontario. As of December 31, 2014, it had proven and probable reserves of 183,750 ounces of gold at the Island Gold Mine; and 32,750 ounces of gold at the Beaufor Mine. The company was formerly known as Ressources minières Rouyn inc. and changed its name to Richmont Mines Inc. in 1991. Richmont Mines Inc. was founded in 1981 and is headquartered in Rouyn-Noranda, Canada.

373 Employees
Last Reported Date: 03/3/15
Founded in 1981

richmont mines inc (RIC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$33.1K
Executive Chairman and Member of Corporate So...
Total Annual Compensation: C$270.0K
Vice-President of Finance
Total Annual Compensation: C$180.2K
Vice President of Exploration
Total Annual Compensation: C$185.4K
Compensation as of Fiscal Year 2014.

richmont mines inc (RIC) Key Developments

Richmont Mines Inc. Announces Plans to Proceed with the Development of the Deeper Q Zone at the Beaufor Mine in Quebec

Richmont Mines Inc. announced plans to proceed with the development of the deeper Q Zone at the Beaufor Mine in Quebec. The positive decision is based on a comprehensive analysis of both geological and economic factors, and is expected to extend the mine's life by a minimum of two years with an annual estimated production rate of 20,000 to 25,000 ounces in 2016 and 2017. The deeper Q Zone that will be developed is located approximately 34 vertical metres below the Beaufor Mine's current infrastructure. Due to the zone's close proximity to the mine's existing underground workings, the required development to reach the upper part of the zone is expected to be completed within 6 months and will require only a limited investment of $2.5 million in 2015. This development related expenditure is below the $3.5 million already accounted for in the Corporation's 2015 All-In- Sustaining-Cost ("AISC") guidance.

Richmont Mines Inc. Announces Production Guidance for the Year 2015

Richmont Mines Inc. announced production guidance for the year 2015. For the year the expects gold production to be 78,000 to 88,000 ounces.

Richmont Mines Inc. Reports Production and Sales Results for the Second Quarter and Six Months Ended June 30, 2015

Richmont Mines Inc. reported production and sales results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of CAD 40.6 million. Gold sales was 27,566 ounces compared to 27,790 ounces. For the six months, the company reported gold sales of 52,357 ounces, an increases of 9% from the same period in 2014. For the quarter, the company reported gold production of 26,314 ounces compared to 27,510 ounces a year ago. For six months, the company reported gold production of 52,173 ounces, an increases of 8% from the same period in 2014.


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