Richmont Mines, Inc (RIC) - NYSEMKT
  • Tue, May 17, 9:20 AM
    | Tue, May 17, 9:20 AM
  • Tue, Apr. 12, 10:59 AM
    • Richmont Mines (RIC +4.8%) says its Island gold mine in Ontario produced 26.6K oz. of gold during Q1, up 147% Y/Y and up 87% Q/Q, with company-wide production of 32.3K oz. of gold up 25% Y/Y and up 45% Q/Q.
    • RIC says production was helped by higher than estimated reconciled grades of 11.31 g/t milled and record mill throughput of 834 metric tons/day.
    • Q1 cash costs at Island Gold were C$674/oz., down 52% Y/Y and down 34% Q/Q, with company-wide cash costs of C$806/oz., down 18% Y/Y and down 22% Q/Q.
    • RIC also says Q1 revenues totaled a record $52.6M.
    • Now read Is Richmont Mines' $300M market cap fair?
    | Tue, Apr. 12, 10:59 AM | 2 Comments
  • Mon, Feb. 22, 12:44 PM
    | Mon, Feb. 22, 12:44 PM
  • Jan. 21, 2015, 9:58 AM
    • Richmont Mines (RIC -3.5%) and Asanko Gold (AKG -9.9%) are lower after each announced multi-million dollar bought-deal financing agreements, the start of what could be a better financing environment after a difficult 2014.
    • RIC plans to use proceeds from its financing for an accelerated development plan for the high-grade Deep C zone at its Island gold mine in Ontario; RIC is planning for $56.3M in capex for 2015, with 85% focused on the Island mine.
    • AKG says it will use its funds for working capital and corporate purposes to further enhance its balance sheet.
    | Jan. 21, 2015, 9:58 AM
  • Jan. 15, 2015, 3:48 PM
    • Richmont Mines (RIC +15.1%) reports 2014 gold production of more than 95K oz., up 45% Y/Y and above the company's guidance, including Q4 gold output of nearly 24K oz.
    • Full-year gold sales of 94.5K oz. was the second highest in the company's history and a 49% increase over 2013.
    • RIC's Island gold mine in Ontario produced 42K oz. of gold in 2014, up 21% Y/Y and in line with expectations; RIC expects to complete extensive development work at the mine in 2015 to position it for future growth by unlocking the value of the deeper 1.1M oz. higher-grade resource.
    | Jan. 15, 2015, 3:48 PM
  • Jan. 15, 2015, 12:45 PM
    | Jan. 15, 2015, 12:45 PM
  • Oct. 9, 2014, 12:54 PM
    • Richmont Mines (RIC +1.9%) says it is raising its FY 2014 gold production guidance to 85K-90K oz. of gold, up from a previous forecast for 75K-85K oz.
    • Says Q3 gold production totaled 23,187 oz., up 58% Y/Y, bringing gold production for the first nine months of 2014 to 71,354 oz., up 68% Y/Y.
    | Oct. 9, 2014, 12:54 PM
  • Aug. 15, 2014, 5:35 PM
    • Top gainers, as of 5:15 p.m.: BEBE +6.2%. EXTR +4.0%. ACXM +2.1%. RIC +2.1%. AMT +1.7%.
    • Top losers, as of 5:15 p.m.: TTS -5.0%. KOG -3.0%. NOK -1.7%. LVS -1.5%. UVXY -1.5%.
    | Aug. 15, 2014, 5:35 PM | 1 Comment
  • Aug. 5, 2014, 12:47 PM
    | Aug. 5, 2014, 12:47 PM
  • Oct. 17, 2013, 10:55 AM
    • Richmont Mines (RIC +4.1%) says its W Zone gold project in Quebec has successfully completed the three month pre-production phase and commercial production has been declared.
    • RIC expects W Zone to produce ~3K oz. of commercial gold production during Q4 and projects 12K oz. of commercial gold production in 2014.
    | Oct. 17, 2013, 10:55 AM
  • Jun. 28, 2013, 12:45 PM
    Midday top 10 gainers: HALO +26%. EMMS +19%. SAND +17%. AMSC +15%. TRX +14%. RIC +13%. FSM +12%. TAHO +12%. ABFS +11%. LAS +11%.
    Midday top 10 Losers: QLTI -48%. CDTI -36%. BBRY -25%. LHCG -14%. GTIV -13%. AZZ -13%. AMED -13%. ACN -11%. ETRM -9%. AFAM -8%.
    | Jun. 28, 2013, 12:45 PM
  • Feb. 25, 2013, 2:59 PM

    Richmont Mines (RIC +3.9%) says it added new high grade inferred mineral resources of 508K gold oz. at 10.73 g/t at Island gold mine in Ontario. Preliminary metallurgical testing on representative samples shows a 96% recovery rate. RIC will invest an initial $35M to advance the project in 2013.

    | Feb. 25, 2013, 2:59 PM
  • Nov. 30, 2012, 1:04 PM
    Midday top 10 gainers: MARK +38%. MITL +30%. MHH +25%. CBK +24%. PPHM +24%. AMPL +24%. TELK +19%. PLNR +17%. TLAB +15%. FIVE +15%.
    Top 10 Losers: RIC -24%. NTLS -23%. FFKY -19%. SUPN -18%. SBLK -14%. VRSN -14%. PSUN -14%. MMYT -13%. HGSH -13%. PWX -11%.
    | Nov. 30, 2012, 1:04 PM
  • Nov. 29, 2012, 4:27 PM

    Richmont Mines (RIC) -15.7% AH after announcing the immediate closure of the Francoeur Mine in Quebec, prompting a pre-tax write-off of C$11M-C$13M, mostly during Q4. Exploration activities on the Wasamac gold project are suspended. Gold production for 2013 is revised to 65K-70K oz. vs. 85K-95K previously.

    | Nov. 29, 2012, 4:27 PM
  • Nov. 23, 2012, 12:45 PM
    Midday top 10 gainers: CCCL +42%. MAPP +21%. BGMD +21%. MCP +18%. INUV +16%. FIZZ +15%. ROSG +14%. DAC +13%. RIMM +13%. RIC +12%.
    Top 10 Losers: KITD -64%. PTGI -17%. SGOC -12%. HDSN -9%. TELK -9%. SAB -8%. HRT -8%. NFEC -8%. THQI -7%. RCON -7%.
    | Nov. 23, 2012, 12:45 PM | 1 Comment
  • Sep. 10, 2012, 11:44 AM

    Richmont Mines (RIC +2.4%) reports new deep drill results reaffirm promising potential at depth at its Island Gold Mine in Ontario. Drill results suggest the C Zone is the most continuous of the four zones in the deep drilling program, which appears to be a continuation at depth of the zone currently being mined at Island Gold.

    | Sep. 10, 2012, 11:44 AM
Company Description
Richmont Mines, Inc. is a Quebec-based gold company. It is engaged in activities related to the acquisition, exploration, development and operation of mineral properties. It operates through two segments: sites in Quebec and sites in Ontario. Richmont Mines was founded on February 12, 1981 and... More
Industry: Gold
Country: Canada