Beaufor Mine

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…

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….

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…

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…

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…

Aurizon Mines (ARZ-T) continued to pile up losses during 2001 as it wound down existing operations and turned its attention to developing the promising Casa Berardi project in nortwestern Quebec.For 2…

Despite a $4.2-million writedown on its Nugget Pond mine in Newfoundland and a $1-million provision for site restoration in the second quarter, Richmont Mines (RIC-T) dramatically reversed course in 2…

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 …

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…

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…

Short-term pain for long-term gain appears to be the rationale behind Richmont Mines’ (RIC-T) decision to suspend production at the Francoeur gold mine in northwestern Quebec. When production resumes …

Despite decreased production at the Sleeping Giant and Beaufor gold mines in Quebec and lower realized gold prices, Aurizon Mines (ARZ-T) stayed in the black during the second quarter.The company earn…