Richmont Mines (RIC -17.8%) announces a downward revision of reserves and production and says it...

|About: Richmont Mines, Inc (RIC)|By:, SA News Editor

Richmont Mines (RIC -17.8%) announces a downward revision of reserves and production and says it will take a Q2 writedown of C$25M-C$30M pre-tax related to lower anticipated production from its Francoeur Mine.