Richmont Mines Inc

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Weak gold prices do not appear to be taking much of a toll on Montreal-based Richmont Mines (RIC-T).The company posted net earnings of $1.4 million for its latest quarter ended June 30, up from $1 mil…

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More gold at lower costs, is the simple explanation behind Richmont Mines’ (RIC-T) stellar performance in the first quarter of 1998.The Rouyn-Noranda, Que.-based gold miner earned $961,975 (or 6cents …

With three small but profitable gold mines in operation in Canada, Rouyn-Noranda, Que.-based Richmont Mines (RIC-T) is looking to take on a larger project.”We would like to get our hands on something …

A drop in both head grade and realized gold prices pushed Aurizon Mines (ARZ-T) into the red for fiscal 1997, despite the company’s record gold production of 39,668 oz.For the year ended Dec. 31, 1997…

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Low gold prices may have hurt its earnings, but Richmont Mines (RIC-T) still enjoyed its sixth consecutive year of profitability in 1997.Revenue during the 12-month period nearly doubled, to $38.7 mil…

Thanks to last year’s exploration efforts at the Beaufor and Sleeping Giant gold mines in northwestern Quebec, junior producer Aurizon Mines (ARZ-T) has been able to raise its share of total gold reso…

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Montreal-based Sulliden Exploration (SUE-M) has begun a second drill program at the Betts Cove gold project on Newfoundland’s Baie Verte Peninsula.The 6-hole, 1,600-metre effort, which is designed to …

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