Richmont Mines Inc

Published : June 13th, 2016

Richmont Mines Added to the S&P/TSX Global Mining Index and the S&P/TSX Global Gold Index

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
Keywords :   Gold Mine | Gold Production |

Richmont Mines Added to the S&P/TSX Global Mining Index and the S&P/TSX Global Gold Index

June 13, 2016

TORONTO, June 13, 2016/CNW/ - Richmont Mines Inc. (TSX - NYSE MKT: RIC) ('Richmont' or the 'Corporation') is pleased to announce that it will be added to the S&P/TSX Global Mining Index and the S&P/TSX Global Gold Index, effective after the close of trading on Friday, June 17, 2016. S&P Dow Jones Canadian Index Services announced this addition on June 10, 2016, following results of their quarterly review.

'The addition of Richmont to the S&P/TSX Global Mining and Global Gold Indices is another important milestone for Richmont and recognizes the progress we continue to make in unlocking the potential of the Island Gold Mine,' stated Mr. Renaud Adams, President and CEO. 'We are confident that the inclusion in these indices will improve trading liquidity and expose Richmont to a much broader range of investors.'

The S&P/TSX Global Gold Index is a subset of the S&P/TSX Global Mining Index, which is designed to provide an investable index of global securities involved in the exploration and production of gold. For more information, visit:

About Richmont Mines Inc.
Richmont Mines has produced over 1.6 million ounces of gold from its operations in Quebec, Ontarioand Newfoundlandsince beginning production in 1991. The Corporation currently produces gold from the Island Gold Mine in Ontarioand the Beaufor Mine in Quebec. Founded in 1981 and with more than 35 years of experience in gold production, exploration and development, combined with prudent financial management, the Corporation is well positioned to cost-effectively build its Canadian asset base and to successfully advance its next phase of growth.

Forward-Looking Statements
This news release contains forward-looking statements that include risks and uncertainties. When used in this news release, the words 'estimate', 'project', 'anticipate', 'expect', 'intend', 'believe', 'hope', 'may' and similar expressions, as well as 'will', 'shall' and other indications of future tense, are intended to identify forward-looking statements. The forward-looking statements are based on current expectations and apply only as of the date on which they were made. Except as may be required by law, the Corporation undertakes no obligation and disclaims any responsibility to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

The factors that could cause actual results to differ materially from those indicated in such forward-looking statements include changes in the prevailing price of gold, the Canadian-United States exchange rate, grade of ore mined and unforeseen difficulties in mining operations that could affect revenue and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in Richmont Mines' Annual Information Form, Annual Reports and periodic reports. The forward-looking information contained herein is made as of the date of this news release.

SOURCE Richmont Mines

PDF available at:

Read the rest of the article at

Richmont Mines Inc

ISIN : CA76547T1066
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
Projects & res.
Asset profile
Contact Cpy

Richmont Mines is a gold producing company based in Canada.

Richmont Mines holds various exploration projects in Canada.

Its main assets in production are BEAUFOR MINE, ISLAND GOLD and EAST AMPHI MINE in Canada, its main asset in development is FRANCOEUR MINE in Canada and its main exploration properties are WASAMAC, CAMFLO MILL, MONIQUE, RENDELL-JACKMAN (HAMMERDOWN) and CRIPPLE CREEK in Canada.

Richmont Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 741.2 millions as of today (US$ 584.1 millions, € 489.6 millions).

Its stock quote reached its lowest recent point on December 06, 2013 at CA$ 1.00, and its highest recent level on November 24, 2017 at CA$ 11.72.

Richmont Mines has 63 240 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
Corporate Presentations of Richmont Mines Inc
1/7/2010Updates its 2010 Investor Presentation
Annual reports of Richmont Mines Inc
2008 annual report
Financings of Richmont Mines Inc
2/11/2015Closes Previously Announced Bought Deal Financing of Common ...
2/1/2012. Completes CAN$ 10 M Private Placement with Mr. Bob Buchan
6/1/2006announces closing of a bought deal of common shares
Nominations of Richmont Mines Inc
5/15/2009Announces Appointments to Board of Directors
Financials of Richmont Mines Inc
8/8/2016Reports Strong Second Quarter Financial Results; On Track to...
5/9/2013Reports First Quarter 2013 Results
2/21/2013Reports Full Year 2012 and Fourth Quarter Results
11/8/2012Reports Results for the Third Quarter of 2012
2/23/2012Reports Record Full Year 2011 and Strong Fourth Quarter Resu...
2/22/2011Reports Strong Fourth Quarter and Full Year 2010 Results
7/30/2009TR: Richmont Mines- News Release - Second Quarter 2009
2/26/2009(Island Gold)Reports Record Sales for the Fourth Quarter and Full Year 20...
1/22/2009(Beaufor Mine)Reports Gold Sales More Than Double in 2008 Fourth Quarter
1/22/2009(Island Gold)Reports Gold Sales More Than Double in 2008 Fourth Quarter
8/19/2008Second Quarter 2008 Fact Sheet
7/31/2008Reports 27.4% Increase in Revenue in the Second Quarter of 2...
5/23/2006announces re-statement and re-filing of first quarter financ...
Project news of Richmont Mines Inc
7/27/2017(Island Gold)Intersects High-Grade, Wide Mineralization in the Down Plung...
1/9/2013(Monique). Receives Mining Permit for Monique Gold Project
7/3/2012(Francoeur Mine)Announces Francoeur Mine Update
5/8/2012(Wasamac)Intercepts 6.40 g/t Au Over 52.8 Metres in Wasamac Main Zone...
3/15/2012(Wasamac).: 2012 Drilling Program at Wasamac Yields Additional Signif...
12/15/2011(Wasamac)Announces Significant Gold Resource Increase at Wasamac
8/30/2011(Wasamac)Intercepts 7.28 g/t Au Over 31.40 Metres at Wasamac; New Dri...
2/17/2011(Wasamac)Announces Resources of Over 1 Million Ounces of Gold at Its ...
1/21/2011(Francoeur Mine)2010 Gold Sales Increase 14%; Company Provides 2011 Producti...
1/21/2011(Beaufor Mine)2010 Gold Sales Increase 14%; Company Provides 2011 Producti...
1/21/2011(Island Gold)2010 Gold Sales Increase 14%; Company Provides 2011 Producti...
4/8/2010(Wasamac)Announces a 10,000 Metre Surface Drilling Program on Its Was...
8/7/2009NI 43-101 report on the Francoeur Gold Project
6/8/2006(Valentine Lake (leprechaun))proceeds with earn-in requirements at Valentine Lake
5/26/2006Island gold project update information concerning East amphi...
Corporate news of Richmont Mines Inc
7/13/2016Richmont Mines Announces Details for the Second Quarter Fina...
7/12/2016Richmont Reports Strong Second Quarter Results from Island G...
7/7/2016Strategic Phase 2 Exploration Program Launched at Island Gol...
6/13/2016Richmont Mines Added to the S&P/TSX Global Mining Index and ...
6/7/2016Richmont Mines Completes CAN$31 Million Bought Deal Financin...
5/16/2016Richmont Mines Announces CAN$27 Million Bought Deal Financin...
5/12/2016Richmont Mines Announces Election of Directors
5/12/2016Richmont Mines Reports Strong First Quarter Financial Result...
5/12/2016Richmont Mines posts 1Q profit
1/12/2016Richmont Annual Production Exceeds Guidance: Island Gold Del...
12/22/2015Richmont Mines Inc.: Chairman Position to Become a Non-Execu...
12/21/2015Richmont Mines Provides Exploration Update for Island Gold
12/18/2015Richmont Mines Announces Filing of NI 43-101 Technical Repor...
12/18/2015Richmont Appoints Christian Bourcier as Vice President, Oper...
12/15/2015Richmont Mines Announces Filing of NI 43-101 Technical Repor...
11/5/2015Richmont Mines Reports Solid Third Quarter Financial Results...
11/5/2015Richmont Mines posts 3Q profit
10/22/2015Richmont Mines Announces Details For Third Quarter Financial...
10/21/2015Richmont Mines to Release Milling and Mining Study for Islan...
10/8/2015Richmont Reports Strong Third Quarter Production Results; Re...
9/16/2015Richmont Mines Provides an Update on the Surface Step-Out Ex...
9/15/2015Richmont Mines Strengthens Executive Team by Appointing Anne...
9/14/2015Richmont Mines Announces Inclusion in the S&P/TSX SmallCap I...
9/10/2015Deep Drilling to Commence at Richmont's Island Gold Mine to ...
8/6/2015Richmont Mines posts 2Q profit
8/6/2015Richmont Mines Reports Record Revenues for the Second Quarte...
7/14/2015Richmont Mines to Extend Beaufor Mine Life With Development ...
7/13/2015Richmont Mines Reports Record Quarterly Gold Production at I...
4/22/2015Richmont Mines Q1 Gold Production Up 23% Over 2014; 2015 Pro...
2/27/2015Richmont Mines President and CEO Mr. Renaud Adams to Oversee...
2/27/2015Richmont Mines President and CEO Mr. Renaud Adams to Oversee...
2/23/2015Richmont Mines Announces the Appointment of Mr. Steve Burlet...
2/23/2015Richmont Mines Announces the Appointment of Mr. Steve Burlet...
2/19/2015Richmont Mines 2014 Revenues Up 47% and Operating Cash Flow ...
2/19/2015Richmont Mines 2014 Revenues Up 47% and Operating Cash Flow ...
2/19/2015annonce les résultats du quatrième trimestre et de l'année 2...
2/11/2015annonce la clôture du financement par actions ordinaires ann...
1/21/2015Richmont Mines Announces CAN$30 Million Bought Deal Financin...
1/21/2015Canada Stocks to Watch: Husky, Eldorado, Celestica, Richmont...
1/21/2015Richmont Mines Announces Increase of Bought Deal Financing t...
1/21/2015IIROC Trade Resumption - RIC; AKG
1/20/2015IIROC Trading Halt - RIC
1/15/2015Richmont Mines Provides Guidance for 2015 and Transformation...
1/15/2015Richmont Mines Provides Guidance for 2015 and Transformation...
1/8/2015Deep Exploration Drilling Extends Mineralisation to a Depth ...
1/8/2015Deep Exploration Drilling Extends Mineralisation to a Depth ...
12/1/2014Ex Barrick Executives Flock to Inca One Gold
11/17/2014Mr. Renaud Adams Officially Commences as President and Chief...
10/16/2013Enters a Land and Mining Rights Agreement with Argonaut Gold
10/4/2013(Monique).: Monique Gold Project Attains Commercial Production; 43-10...
8/23/2013Closes Previously Announced Senior Credit Facility for Up to...
6/17/2013Obtains Letter of Offer for Senior Credit Facility for Up to...
4/12/2013(Island Gold).: Island Gold Deep 43-101 Report Filed on Sedar; New Drill ...
9/24/2012Announces the Immediate Retirement of CAN$10 Million Debentu...
9/10/2012(Island Gold).: New Deep Drill Results Reaffirm Promising Potential at De...
4/12/2012Gold Industry Veteran Ebe Scherkus to Join the Richmont Mine...
3/28/2012(Wasamac)Announces Results From a Preliminary Economic Assessment for...
2/10/2012(Island Gold)Promising Drill Results From Island Gold Mine Confirm Potent...
1/11/2012Gold Industry Veteran Bob Buchan Joins the Board of Director...
12/20/2011(Monique)Announces Open Pit Resources at its Monique Property
11/29/2011(Wasamac)Announces Completion of 2011 Drilling Program at Wasamac; Up...
8/24/2011(Monique)s Final Drilling Results From the Monique Project, Studies U...
8/9/2011Announces a Significant Increase in Earnings and Cash Flow f...
6/22/2011(Monique)More Positive Drill Results From Richmont's Monique Project
5/9/2011(Wasamac)Signs Option Agreement With Globex; Expands Wasamac Explorat...
4/11/2011(Monique).: Monique Work Commitment Completed; Initial Drill Results ...
3/29/2011. Confirms and Amends its Shareholder Rights Plan
4/12/2010hits 73.54 g/t Au over 7 metres on its Cripple Creek Propert...
2/25/2010Q4 and F2009 Results
2/4/2010Shareholders Elect Four New Board Members at Special Shareho...
12/16/2009 Four board nominations at Richmont Mines - Building the nex...
10/29/2009Q3 2009 Release
12/16/2008 Acquires Patricia Mining Corp.
12/3/2008 Announces Acceptance of Normal Course Issuer Bid
5/18/2006Focus on profitable growth
1/26/2006and Patricia Mining Corp. Announce the purchase of the remai...
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
CA$ 11.72
11/24 16:00 0.480
Prev close Open
11.24 12.09
Low High
11.66 12.35
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  11.72 -%
Volume 1 month var.
625,800 -%
24hGold TrendPower© : 13
Produces Gold
Develops Gold
Explores for Gold
Interactive chart Add to compare
Print Compare Export
Last updated on : 4/20/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
5 years chart
3 months chart
3 months volume chart
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
announces expected non-cash impairment
AU$ 7.61+1.87%Trend Power :
Oceana Gold(Au)OGC.AX
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
US$ 3.85-2.28%Trend Power :
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
Reduced Funding Requirement
GBX 0.60+2.39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.10+0.00%Trend Power :
Closes Bridge Loan Financing
CA$ 2.40-2.04%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.14-0.70%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.27+1.89%Trend Power :
Q A April 2017 Quarterly Report
AU$ 0.30+1.67%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.43+2.10%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 70.88+2.62%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :