Richmont buys into Patricia
Small gold producer Richmont Mines (RIC-T) is investing $1 million in Toronto-based junior Patricia Mining (PAT-V) in order to help the latter advance its wholly owned Island Gold project, near Wawa, …
Louvem Mines Inc
Richmont in black for first quarter (May 05, 2003)
In the recent first quarter, Richmont Mines (RIC-T) earned less than in the fourth quarter of 2002 but more than in the first quarter of that year.The gold producer earned $371,268 (or 2 per share) o…
Richmont has banner year (March 03, 2003)
Record gold sales, better prices, and lower production costs came together for Richmont Mines (RIC-T) in 2002, giving the company earnings of $9.1 million (or 59 per share) on revenue of $52 million….
Higher earnings for Richmont
Buoyed by higher gold prices, Richmont Mines (RIC-T) wrapped up its second straight profitable quarter at the end of September.Earnings approached $4.3 million (or 28 per share) on revenue of $17.3 m…
Quebec gold juniors still on the move
Rouyn-Noranda, Que. — The annual convention of the Quebec Prospectors’ Association, held here recently in the heart of the Abitibi, is shining a spotlight on the many exploration and development proj…
Hibernation sends Richmont’s sales south
With revenue grinding down to a mere $863,306 during the first three months of 2001, junior Richmont Mines (RIC-T) posted a loss of $348,427, or 2 per share.That’s nonetheless an improvement over the…
Richmont bleeds red ink
Vancouver — Yet another junior producer feeling the pinch of historically low gold prices is Richmont Mines (RIC-T), which posted a loss of $4.35 million (or 29 per share) in the quarter ended June …
Richmont buys Aurizon’s half of Beaufor
For a bit of cash and a royalty, junior miner Richmont Mines (RIC-T) is buying Aurizon Mines’ (ARZ-T) half-interest in the suspended Beaufor gold mine in northwestern Quebec.Richmont already holds a s…
Obituary: C. Carbonneau
Cme Carbonneau, founding president of the Quebec Crown corporation Soquem and a former professor of geology at cole Polytechnique in Montreal, has died. He was 77.Born in November 1923 in Sainte-Foy…
Aurizon boosts resource at Casa Berardi
Wrapping up a major exploration campaign, junior gold miner Aurizon Mines (ARZ-T) has delineated a 1.65-million oz. gold resource at its Casa Berardi project, in northwestern Quebec.Total measured and…
Companies (November 15, 1999)
Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…
Richmont posts quarterly loss
Montreal-based Richmont Mines (RIC-T), which has operations in Quebec and Newfoundland, is feeling the pinch of low gold prices, increased cash costs and reduced production.The company posted a loss o…