1) Richmont Mines is a Canadian gold mining company with quality assets in Canada, including the Island Gold and Beaufor mines.
2) In 2015, Richmont achieved record revenues and strong operating cash flow, maintained a low debt level, and increased reserves at both mines.
3) For Island Gold, reserves increased 206% and mine life was extended to 7 years, while average annual production is forecast to increase to 78,000 ounces per year from 2017-2022 at lower costs according to a PEA.
The document discusses Richmont Mines' Island Gold mine. It notes that in Q1 2016 the mine achieved record production and had a positive grade reconciliation of 44%. The mine life at Island Gold has increased to over 7 years based on 2015 reserves. A preliminary economic assessment for Island Gold outlined average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552 per ounce. The assessment also presented an expanded capacity scenario to 1,150 tonnes per day which could further increase production and lower costs.
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
Richmont Mines held a technical session to provide an overview of their assets and operations. Their Island Gold mine in Ontario saw record gold production in Q1 2016 and has an increased reserve estimate extending the mine life to 7 years. Exploration potential exists to further expand resources laterally and at depth. The Beaufor mine reserve also increased by 95%, extending the mine life to over 2 years, with continued development of the Q Zone. Overall reserves across both mines increased 187% in 2015. The presentation provided details on geology, production history and future plans to continue growing as a leading intermediate gold producer in Canada.
This document provides an overview of Richmont Mines Inc., including its asset base, production profile, cost structure, cash flows, exploration potential, and balance sheet. It summarizes the Island Gold mine, which is Richmont's key asset, outlining its high-grade underground operations and expansion opportunities. Production and cost data for Island Gold in 2015 is presented, showing growing production and declining costs. The positive results of a Preliminary Economic Assessment exploring expanding operations at Island Gold to increase production and lower costs are also summarized.
Fourth Quarter 2015 Financial Results - February 22,, 2016RichmontIR
Richmont Mines reported financial and operating results for the fourth quarter and full year of 2015. Key highlights include:
- Annual gold production of 98,031 ounces exceeded guidance and AISC was in line with guidance.
- Island Gold mine achieved another record year with 54% production increase since 2013. Reserves increased 206% and mine life extended to 7 years.
- Beaufor mine life increased to over 2 years based on 95% reserve increase.
- 2016 production guidance of 87,000-97,000 ounces with AISC of $1,275-$1,390 per ounce.
Richmont Mines Inc. is a gold mining company with operations in Quebec, Ontario, and Newfoundland. This document provides an overview of Richmont Mines, including its financial performance in Q2 and H1 2012, operational highlights for its Beaufor Mine and Island Gold Mine, exploration focus at Beaufor, and drilling results showing potential at depth at Island Gold. Resource and reserve estimates are also presented for Beaufor, Island Gold, and Francoeur Mine.
- Richmont Mines operates the high-grade Island Gold mine and Beaufor mine in Canada. In 2015, reserves increased 187% to 625,550 ounces of gold, with mine lives extended.
- At Island Gold, reserves grew 206% to 561,700 ounces with an average grade of 8.26 g/t and mine life of 7 years. A preliminary economic assessment outlines expansion potential.
- Beaufor reserves increased 95% to 63,850 ounces with a mine life over 2 years. Exploration continues to target additional resources at both mines.
This document provides a summary of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. It notes Richmont has a quality asset base, growing cash flows, a strong balance sheet, and exposure to the favorable Canadian dollar. The document also provides highlights on Richmont's capital structure, operational performance in Q2 2016, reserves increases at its Island Gold and Beaufor mines, and mine life extensions. It summarizes the 2015 Preliminary Economic Assessment for Island Gold and outlines the mine's production expansion opportunity and exploration potential.
The document discusses Richmont Mines' Island Gold mine. It notes that in Q1 2016 the mine achieved record production and had a positive grade reconciliation of 44%. The mine life at Island Gold has increased to over 7 years based on 2015 reserves. A preliminary economic assessment for Island Gold outlined average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552 per ounce. The assessment also presented an expanded capacity scenario to 1,150 tonnes per day which could further increase production and lower costs.
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
Richmont Mines held a technical session to provide an overview of their assets and operations. Their Island Gold mine in Ontario saw record gold production in Q1 2016 and has an increased reserve estimate extending the mine life to 7 years. Exploration potential exists to further expand resources laterally and at depth. The Beaufor mine reserve also increased by 95%, extending the mine life to over 2 years, with continued development of the Q Zone. Overall reserves across both mines increased 187% in 2015. The presentation provided details on geology, production history and future plans to continue growing as a leading intermediate gold producer in Canada.
This document provides an overview of Richmont Mines Inc., including its asset base, production profile, cost structure, cash flows, exploration potential, and balance sheet. It summarizes the Island Gold mine, which is Richmont's key asset, outlining its high-grade underground operations and expansion opportunities. Production and cost data for Island Gold in 2015 is presented, showing growing production and declining costs. The positive results of a Preliminary Economic Assessment exploring expanding operations at Island Gold to increase production and lower costs are also summarized.
Fourth Quarter 2015 Financial Results - February 22,, 2016RichmontIR
Richmont Mines reported financial and operating results for the fourth quarter and full year of 2015. Key highlights include:
- Annual gold production of 98,031 ounces exceeded guidance and AISC was in line with guidance.
- Island Gold mine achieved another record year with 54% production increase since 2013. Reserves increased 206% and mine life extended to 7 years.
- Beaufor mine life increased to over 2 years based on 95% reserve increase.
- 2016 production guidance of 87,000-97,000 ounces with AISC of $1,275-$1,390 per ounce.
Richmont Mines Inc. is a gold mining company with operations in Quebec, Ontario, and Newfoundland. This document provides an overview of Richmont Mines, including its financial performance in Q2 and H1 2012, operational highlights for its Beaufor Mine and Island Gold Mine, exploration focus at Beaufor, and drilling results showing potential at depth at Island Gold. Resource and reserve estimates are also presented for Beaufor, Island Gold, and Francoeur Mine.
- Richmont Mines operates the high-grade Island Gold mine and Beaufor mine in Canada. In 2015, reserves increased 187% to 625,550 ounces of gold, with mine lives extended.
- At Island Gold, reserves grew 206% to 561,700 ounces with an average grade of 8.26 g/t and mine life of 7 years. A preliminary economic assessment outlines expansion potential.
- Beaufor reserves increased 95% to 63,850 ounces with a mine life over 2 years. Exploration continues to target additional resources at both mines.
This document provides a summary of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. It notes Richmont has a quality asset base, growing cash flows, a strong balance sheet, and exposure to the favorable Canadian dollar. The document also provides highlights on Richmont's capital structure, operational performance in Q2 2016, reserves increases at its Island Gold and Beaufor mines, and mine life extensions. It summarizes the 2015 Preliminary Economic Assessment for Island Gold and outlines the mine's production expansion opportunity and exploration potential.
This document provides an overview of Richmont Mines Inc., a Canadian gold mining company. It discusses Richmont's asset base in Canada including its Island Gold, Beaufor, and Monique mines. The document highlights Richmont's growing production profile, decreasing cost structure, and significant exploration potential. It also summarizes a preliminary economic assessment for expanding the Island Gold mine which could increase production and lower costs.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
This document provides financial results and operational highlights for Richmont Mines for Q3 2015. Key points include:
- Production is on track to meet high end of guidance for 2015 with cash costs in the mid-range of guidance.
- Strong cash balance of $76.5 million to fund growth plans.
- PEA released for Island Gold mine shows potential to accelerate production and lower costs.
- Exploration drilling continuing at Island Gold to extend mine life and resources.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
The document discusses Richmont Mines' operations and growth strategy. In Q1 2016, Richmont saw record production at its Island Gold mine in Canada and increased reserves by 206% there, extending the mine life to over 7 years. It also increased reserves 95% at its Beaufor mine in Canada. Richmont is pursuing expansion opportunities at Island Gold, with a preliminary economic assessment indicating potential for increased average annual production of 78,000 ounces of gold at lower costs through 2022. The company had C$61.2 million in cash as of March 31, 2016 to fund its strategic growth plans.
- Richmont Mines is positioned for sustainable growth with a quality asset base in Canada including its Island Gold and Beaufor mines. In 2015, mineral reserves increased 187% to over 625,000 ounces of gold.
- Production is expected to grow while costs decrease. Island Gold mine life has increased to 7 years with exploration potential to expand resources.
- The company has a strong balance sheet with $61 million in cash and low debt to fund its strategic growth plan while benefiting from Canadian dollar exposure.
- Production for Q1 2016 was a record 32,369 ounces of gold, a 25% increase over Q1 2015, driven by a record quarter from Island Gold. Cash costs and AISC both decreased by 18% and 12% respectively.
- Revenue was a record $52.6 million for Q1 2016. The company has a strong cash position of $61.2 million and is well positioned for organic growth at its mines in Quebec and Ontario.
- Exploration continues to show potential to expand resources at Island Gold both laterally and at depth. Drilling results compare favorably to the previous deep resource block.
Richmont Mines London Marketing PresentationRichmontIR
This document provides an overview of Richmont Mines Inc., including:
- Forward-looking statements about factors that could impact results and risks to US investors regarding resource estimates.
- Key details about Richmont's asset base, production profile, cost structure, exploration potential, and financial position.
- Summaries of its three main operations - Island Gold, Beaufor, and Monique/Camflo - including recent performance, growth plans, and exploration activities.
The document provides an overview and summary of Newmarket Gold Inc. Key points include:
- Newmarket has three operating gold mines in Australia producing over 200,000 ounces annually with low costs.
- Their flagship Fosterville Gold Mine set production and grade records in Q1 2016 with 33,138 ounces at an average grade of 7.34 g/t and costs of $473/oz.
- Newmarket has a strong balance sheet with $52.1 million in cash and $1.6 million in debt as of Q1 2016.
Richmont Mines provides guidance for 2015, forecasting gold sales of 78,000-88,000 ounces at an all-in sustaining cost of $1,335-$1,490 per ounce. At their Island Gold Mine, located in Ontario, the company forecasts production of 45,000-50,000 ounces at an all-in sustaining cost of $1,350-$1,495 per ounce. Richmont recently discovered a high-grade zone below the Island Gold Mine containing over 1 million ounces of gold resources.
The document discusses Kirkland Lake Gold's 2016 annual meeting of shareholders. It provides an overview of the company's operations, including its Macassa Mine Complex and East Timmins assets. It also discusses the company's 2016 guidance metrics, including planned gold production of 270,000-290,000 ounces and an all-in sustaining cost of $1,300-$1,350 per ounce. Additionally, it outlines the company's 2016 exploration programs and its commitment to the community.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth.
- Richmont Mines has a quality asset base in Canada including its Island Gold and Beaufor mines, with a growing production profile and decreasing cost structure.
- In 2015, mineral reserves increased 187% overall, with a 206% increase at Island Gold and a 95% increase at Beaufor, extending mine lives.
- At Island Gold, a preliminary economic assessment outlined an average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552/oz, with potential for expansion.
- For 2016, consolidated gold production is estimated at 87,000-97,000 ounces at cash costs of C$930-C$1,000/oz and all-in
- Richmont Mines reported fourth quarter and full year 2016 financial results on February 21, 2017.
- In 2016, the company achieved record annual gold production of 104,050 ounces, at the high end of guidance. Cash costs for the year were $908 per ounce sold, within guidance.
- At the Island Gold Mine, production was 83,323 ounces for 2016, exceeding the revised guidance range. Cash costs of $779 per ounce were below the revised guidance range.
- The company reported a strong cash position of $75.1 million as of December 31, 2016 and expects a growing cash flow stream to support a potential expansion at Island Gold.
- Richmont Mines is a Canadian gold mining company that has been producing gold since 1991, with over 1.4 million ounces produced to date.
- It currently operates the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine properties in Quebec.
- For 2014, Richmont Mines is targeting gold production of 75,000-85,000 ounces and had produced 48,171 ounces in the first half of 2014.
- A key asset is the Island Gold Mine, which has produced over 303,000 ounces of gold since 2007 and for which Richmont Mines is developing a new 1.1 million ounce inferred resource below the existing mine.
- Newmarket Gold is a gold mining company with 3 operating mines in Australia producing over 200,000 ounces of gold annually.
- In Q1 2016 they had record production of 58,057 ounces of gold and their cash position increased to $52.1 million.
- They have significant exploration upside with 3 new mine site discoveries recently and continued high grade drill results at Fosterville including intercepts over 500 g/t gold.
The document provides an overview of Dalradian Resources Inc. and its flagship Curraghinalt gold deposit in Northern Ireland. It discusses the high-grade nature of the deposit's resource, positive preliminary economic assessment results, and ongoing work including a feasibility study and underground program to expand resources. Analyst coverage and the management team's track record in mine building are also summarized.
Claude Resources Inc. Q4 and 2015 Annual Conference Call and Webcast Presenta...Marc Lepage, CPIR
- Claude Resources reported record gold production and earnings in 2015, with production increasing 20% over 2014 and net earnings improving by $27.7 million.
- Key drivers of the strong performance were higher mill head grades from the Santoy Gap ore body and improved mining methods.
- The company has a strong balance sheet with $39.8 million in cash and bullion as of December 31, 2015, and is focused on expanding reserves and resources through its 2016 drilling programs.
BMO Global Metals & Mining Conference - Hollywood, FLDetourGold
Detour Gold Corporation presented at the BMO Global Metals & Mining Conference in February 2016. Key highlights include:
- Detour Gold achieved gold production of 505,558 ounces in 2015 and expects production to increase to 540,000-590,000 ounces in 2016.
- All-in sustaining costs declined significantly over 2015 and are forecasted to be $840-940 per ounce sold in 2016.
- A new 23-year life of mine plan was unveiled, which incorporates the development of the West Detour deposit. The plan outlines steady production of approximately 650,000 ounces per year over the next 9 years.
- Exploration success at the Lower Detour Zone 58N target provides
bmo capital markets mining and metals confernce-handouts-29 feb16kirklandlakegoldinc
The document discusses Kirkland Lake Gold's plans to become an intermediate Ontario-focused gold producer through the acquisition of St. Andrew Goldfields. The combined company will have four mines and two mills producing 260,000 to 310,000 ounces of gold annually. It will benefit from operational synergies, a strong balance sheet with over $100 million in cash, and exploration potential across two historic gold camps in Ontario. Kirkland Lake Gold has an experienced management team and board of directors to lead the combined company's growth.
- Royal Gold held a luncheon presentation in April 2016 to provide an operational and financial update.
- In Q2 2016, Royal Gold achieved record revenue of $98.1 million and record gold equivalent ounce production of 88,700 ounces, increases of 60% and 74% respectively over the prior year period.
- Key assets like Pueblo Viejo, Rainy River, and Mount Milligan are expected to contribute significantly to future production growth based on operator estimates and projections.
This document provides an update from Kirkland Lake Gold on their Q1 2016 performance and outlook. Some key points:
- Kirkland Lake Gold produced 69,464 ounces of gold in Q1/2016, on track to meet their full-year guidance of 270,000-290,000 ounces.
- They have four mines located around Kirkland Lake and Timmins, Ontario that provide production and cash flow diversification.
- The balance sheet has been strengthened through debt repayments and equity raises, with over $100 million in cash and a plan to further reduce debt obligations in the coming years.
This document provides an overview of Richmont Mines Inc., a Canadian gold mining company. It discusses Richmont's asset base in Canada including its Island Gold, Beaufor, and Monique mines. The document highlights Richmont's growing production profile, decreasing cost structure, and significant exploration potential. It also summarizes a preliminary economic assessment for expanding the Island Gold mine which could increase production and lower costs.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
This document provides financial results and operational highlights for Richmont Mines for Q3 2015. Key points include:
- Production is on track to meet high end of guidance for 2015 with cash costs in the mid-range of guidance.
- Strong cash balance of $76.5 million to fund growth plans.
- PEA released for Island Gold mine shows potential to accelerate production and lower costs.
- Exploration drilling continuing at Island Gold to extend mine life and resources.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
The document discusses Richmont Mines' operations and growth strategy. In Q1 2016, Richmont saw record production at its Island Gold mine in Canada and increased reserves by 206% there, extending the mine life to over 7 years. It also increased reserves 95% at its Beaufor mine in Canada. Richmont is pursuing expansion opportunities at Island Gold, with a preliminary economic assessment indicating potential for increased average annual production of 78,000 ounces of gold at lower costs through 2022. The company had C$61.2 million in cash as of March 31, 2016 to fund its strategic growth plans.
- Richmont Mines is positioned for sustainable growth with a quality asset base in Canada including its Island Gold and Beaufor mines. In 2015, mineral reserves increased 187% to over 625,000 ounces of gold.
- Production is expected to grow while costs decrease. Island Gold mine life has increased to 7 years with exploration potential to expand resources.
- The company has a strong balance sheet with $61 million in cash and low debt to fund its strategic growth plan while benefiting from Canadian dollar exposure.
- Production for Q1 2016 was a record 32,369 ounces of gold, a 25% increase over Q1 2015, driven by a record quarter from Island Gold. Cash costs and AISC both decreased by 18% and 12% respectively.
- Revenue was a record $52.6 million for Q1 2016. The company has a strong cash position of $61.2 million and is well positioned for organic growth at its mines in Quebec and Ontario.
- Exploration continues to show potential to expand resources at Island Gold both laterally and at depth. Drilling results compare favorably to the previous deep resource block.
Richmont Mines London Marketing PresentationRichmontIR
This document provides an overview of Richmont Mines Inc., including:
- Forward-looking statements about factors that could impact results and risks to US investors regarding resource estimates.
- Key details about Richmont's asset base, production profile, cost structure, exploration potential, and financial position.
- Summaries of its three main operations - Island Gold, Beaufor, and Monique/Camflo - including recent performance, growth plans, and exploration activities.
The document provides an overview and summary of Newmarket Gold Inc. Key points include:
- Newmarket has three operating gold mines in Australia producing over 200,000 ounces annually with low costs.
- Their flagship Fosterville Gold Mine set production and grade records in Q1 2016 with 33,138 ounces at an average grade of 7.34 g/t and costs of $473/oz.
- Newmarket has a strong balance sheet with $52.1 million in cash and $1.6 million in debt as of Q1 2016.
Richmont Mines provides guidance for 2015, forecasting gold sales of 78,000-88,000 ounces at an all-in sustaining cost of $1,335-$1,490 per ounce. At their Island Gold Mine, located in Ontario, the company forecasts production of 45,000-50,000 ounces at an all-in sustaining cost of $1,350-$1,495 per ounce. Richmont recently discovered a high-grade zone below the Island Gold Mine containing over 1 million ounces of gold resources.
The document discusses Kirkland Lake Gold's 2016 annual meeting of shareholders. It provides an overview of the company's operations, including its Macassa Mine Complex and East Timmins assets. It also discusses the company's 2016 guidance metrics, including planned gold production of 270,000-290,000 ounces and an all-in sustaining cost of $1,300-$1,350 per ounce. Additionally, it outlines the company's 2016 exploration programs and its commitment to the community.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth.
- Richmont Mines has a quality asset base in Canada including its Island Gold and Beaufor mines, with a growing production profile and decreasing cost structure.
- In 2015, mineral reserves increased 187% overall, with a 206% increase at Island Gold and a 95% increase at Beaufor, extending mine lives.
- At Island Gold, a preliminary economic assessment outlined an average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552/oz, with potential for expansion.
- For 2016, consolidated gold production is estimated at 87,000-97,000 ounces at cash costs of C$930-C$1,000/oz and all-in
- Richmont Mines reported fourth quarter and full year 2016 financial results on February 21, 2017.
- In 2016, the company achieved record annual gold production of 104,050 ounces, at the high end of guidance. Cash costs for the year were $908 per ounce sold, within guidance.
- At the Island Gold Mine, production was 83,323 ounces for 2016, exceeding the revised guidance range. Cash costs of $779 per ounce were below the revised guidance range.
- The company reported a strong cash position of $75.1 million as of December 31, 2016 and expects a growing cash flow stream to support a potential expansion at Island Gold.
- Richmont Mines is a Canadian gold mining company that has been producing gold since 1991, with over 1.4 million ounces produced to date.
- It currently operates the Island Gold Mine in Ontario and the Beaufor Mine and Monique Mine properties in Quebec.
- For 2014, Richmont Mines is targeting gold production of 75,000-85,000 ounces and had produced 48,171 ounces in the first half of 2014.
- A key asset is the Island Gold Mine, which has produced over 303,000 ounces of gold since 2007 and for which Richmont Mines is developing a new 1.1 million ounce inferred resource below the existing mine.
- Newmarket Gold is a gold mining company with 3 operating mines in Australia producing over 200,000 ounces of gold annually.
- In Q1 2016 they had record production of 58,057 ounces of gold and their cash position increased to $52.1 million.
- They have significant exploration upside with 3 new mine site discoveries recently and continued high grade drill results at Fosterville including intercepts over 500 g/t gold.
The document provides an overview of Dalradian Resources Inc. and its flagship Curraghinalt gold deposit in Northern Ireland. It discusses the high-grade nature of the deposit's resource, positive preliminary economic assessment results, and ongoing work including a feasibility study and underground program to expand resources. Analyst coverage and the management team's track record in mine building are also summarized.
Claude Resources Inc. Q4 and 2015 Annual Conference Call and Webcast Presenta...Marc Lepage, CPIR
- Claude Resources reported record gold production and earnings in 2015, with production increasing 20% over 2014 and net earnings improving by $27.7 million.
- Key drivers of the strong performance were higher mill head grades from the Santoy Gap ore body and improved mining methods.
- The company has a strong balance sheet with $39.8 million in cash and bullion as of December 31, 2015, and is focused on expanding reserves and resources through its 2016 drilling programs.
BMO Global Metals & Mining Conference - Hollywood, FLDetourGold
Detour Gold Corporation presented at the BMO Global Metals & Mining Conference in February 2016. Key highlights include:
- Detour Gold achieved gold production of 505,558 ounces in 2015 and expects production to increase to 540,000-590,000 ounces in 2016.
- All-in sustaining costs declined significantly over 2015 and are forecasted to be $840-940 per ounce sold in 2016.
- A new 23-year life of mine plan was unveiled, which incorporates the development of the West Detour deposit. The plan outlines steady production of approximately 650,000 ounces per year over the next 9 years.
- Exploration success at the Lower Detour Zone 58N target provides
bmo capital markets mining and metals confernce-handouts-29 feb16kirklandlakegoldinc
The document discusses Kirkland Lake Gold's plans to become an intermediate Ontario-focused gold producer through the acquisition of St. Andrew Goldfields. The combined company will have four mines and two mills producing 260,000 to 310,000 ounces of gold annually. It will benefit from operational synergies, a strong balance sheet with over $100 million in cash, and exploration potential across two historic gold camps in Ontario. Kirkland Lake Gold has an experienced management team and board of directors to lead the combined company's growth.
- Royal Gold held a luncheon presentation in April 2016 to provide an operational and financial update.
- In Q2 2016, Royal Gold achieved record revenue of $98.1 million and record gold equivalent ounce production of 88,700 ounces, increases of 60% and 74% respectively over the prior year period.
- Key assets like Pueblo Viejo, Rainy River, and Mount Milligan are expected to contribute significantly to future production growth based on operator estimates and projections.
This document provides an update from Kirkland Lake Gold on their Q1 2016 performance and outlook. Some key points:
- Kirkland Lake Gold produced 69,464 ounces of gold in Q1/2016, on track to meet their full-year guidance of 270,000-290,000 ounces.
- They have four mines located around Kirkland Lake and Timmins, Ontario that provide production and cash flow diversification.
- The balance sheet has been strengthened through debt repayments and equity raises, with over $100 million in cash and a plan to further reduce debt obligations in the coming years.
This document presents data from confirmation drilling results from 2015 at the Horne West project in Quebec, Canada. It includes tables showing the from, to, length, gold and silver grades, and gold equivalent values for various drill holes. The weighted average gold equivalent grade for 2015 drilling was 2.09 g/t, a 4.3% increase from the 2014 weighted average grade. Drilling continued to demonstrate high grades over mineable widths within the Horne West deposit.
This document provides an overview of Agnico Eagle Mines Limited's annual and special meeting on April 29, 2016. It includes forward-looking statements about production guidance, costs, and projects. It notes the risks associated with forward-looking statements and provides non-GAAP financial measures to assess performance. The company has a strong track record of exceeding production guidance and lowering costs. It is positioned for growth through optimizing existing operations, exploration success adding reserves, and a pipeline of development projects expected to increase production by 30-40% by 2020.
- The document discusses Stornoway Diamond Corporation's plans to build Quebec's first diamond mine at the Renard Diamond Project.
- Construction is 74.1% complete and tracking 5 months ahead of schedule and under budget. Commercial production is expected to begin by December 31, 2016.
- The March 2016 mine plan updates the mineral reserve estimate to 22.3 million carats and extends the mine life to 14 years through open pit and underground mining of five kimberlite bodies.
- Richmont Mines is positioned for sustainable growth with a quality asset base in Canada including its Island Gold and Beaufor mines. In 2015, mineral reserves increased 187% to over 625,000 ounces of gold.
- Production is expected to grow while costs decrease. Island Gold mine life was increased to 7 years with exploration potential to expand resources.
- The company has a strong balance sheet with $61 million in cash and low debt to fund growth from expanding production and reducing costs at Island Gold and Beaufor.
- Richmont Mines operates the high-grade Island Gold mine and Beaufor mine in Canada. In 2015, reserves increased 187% to 625,550 ounces of gold, with mine lives extended.
- At Island Gold, reserves grew 206% to 561,700 ounces with an average grade of 8.26 g/t and mine life of 7 years. A preliminary economic assessment outlines expansion potential.
- Beaufor reserves increased 95% to 63,850 ounces with a mine life over 2 years. Exploration continues to target additional resources at both mines.
- Richmont has a strong balance sheet, low shares outstanding, and is well positioned for sustainable production and cost profile improvements in 2016 and beyond.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
The document discusses Richmont Mines' positioning for sustainable growth through its Canadian mining operations. Key points include:
- Reserves at Island Gold and Beaufor mines increased 187% in 2015, extending mine lives.
- Island Gold produced a record in Q1 2016 and guidance forecasts increasing production with declining costs. An expansion could increase throughput.
- A preliminary economic assessment outlines a multi-year plan to increase average annual production at Island Gold to 78,000 ounces at lower costs.
- Exploration programs aim to expand resources and discover new zones at both core mines and regionally around Island Gold.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
The document discusses Richmont Mines' assets and growth strategy. It summarizes that in Q1 2016:
- Richmont saw record gold production at its Island Gold mine in Ontario.
- Mineral reserves increased 187% overall since 2012, with a 206% increase at Island Gold.
- Cash costs are declining and production is expected to increase further under the preliminary economic assessment outlined for Island Gold, which envisions average annual production of 78,000 ounces of gold from 2017-2022.
This document provides an overview of Richmont Mines Inc., including:
- Forward-looking statements about factors that could impact results and risks to US investors regarding resource estimates.
- Richmont has a quality asset base in Canada with growing production and decreasing costs, significant exploration potential, and a strong balance sheet.
- The Island Gold mine is on track for a record year of production and declining costs, and a PEA outlines plans to expand through deeper mining.
- The Beaufor and Monique mines along with the Camflo mill also contribute to Richmont's production.
This document provides a summary of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include:
- Q2 gold production of 23,320 ounces at cash costs of $903 per ounce.
- Increased mineral reserves at Island Gold mine by 206% and Beaufor mine by 95%.
- Island Gold mine life extended to 7 years and Beaufor to over 2 years based on 2015 reserves.
- Preliminary Economic Assessment released for Island Gold outlining potential production expansion.
This document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key points include: Q2 production of 23,320 ounces of gold at cash costs of $903 per ounce; reserves increasing 187% at Island Gold mine and 95% at Beaufor mine; Island Gold mine life extended to 7 years with 3 years of mine life pre-developed; and ongoing exploration programs aimed at further expanding resources and mine life at Island Gold.
This document provides an overview of Richmont Mines Inc., including its asset base, production profile, cost structure, cash flows, exploration potential, and balance sheet. It summarizes the Island Gold mine, which is Richmont's key asset, outlining its high-grade underground operations and expansion opportunities. Production and costs at Island Gold are growing and declining respectively. The document also references a Preliminary Economic Assessment that envisions increased production and lower costs through a phased expansion to 800 tonnes per day.
This document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. It highlights the company's solid financial performance in the first three quarters of 2015, with gold production of 75,651 ounces at a cash cost of $961 per ounce. The document also summarizes key details of Richmont's Island Gold, Beaufor, and Monique mines and Camflo mill, and provides an overview of a preliminary economic assessment that outlines the potential to expand the Island Gold mine.
1) The document discusses Richmont Mines' positioning for sustainable growth through its quality asset base in Canada including the Island Gold and Beaufor mines.
2) At Island Gold, production is expected to grow from 45,000-50,000 ounces in 2015 to an average of 78,000 ounces per year from 2017-2022 according to a PEA study. Cash costs are also expected to decrease.
3) Exploration drilling is planned around Island Gold to expand reserves and resources laterally and at depth as well as regionally.
- Richmont Mines provides a summary of its operational highlights for Q4 2016 and full-year 2016, noting it achieved record production and cash costs within revised guidance.
- The document discusses the Island Gold Mine specifically, noting 51% production increase over 2015 and 24% reduction in costs, with opportunities for further growth and decreasing costs profile.
- Preliminary estimates indicate potential for positive reserve adjustments at Island Gold from 2016 grade reconciliations being higher than the December 2015 reserve model.
Richmont Mines reported its second quarter 2017 financial results. Key highlights include:
- Solid production of 31,249 ounces of gold and record low costs at the Island Gold Mine.
- Net earnings of $0.17 per share and operating cash flow of $0.39 per share.
- Cash position of $96 million, increased from prior quarter.
- Exploration success extending mineralization further down plunge at Island Gold.
- Expansion Case PEA supports increasing Island Gold production by 22% with low capital costs.
This document provides an overview of Richmont Mines Inc. and its Island Gold Mine. It discusses Richmont's vision, strategy, and assets. For Island Gold, it summarizes the geology, reserves and resources, operations, exploration potential, and 2016 guidance. Reserves at Island Gold increased 206% to 561,700 ounces, extending the mine life to 7 years. Operations are expected to produce 62,000-67,000 ounces in 2016 at lower costs than in 2015. Exploration aims to expand resources laterally and at depth.
Richmont Mines is positioning for sustainable growth with its quality asset base in Canada. The document discusses Richmont's operational highlights, including strong production at its Island Gold mine that is on track to meet or exceed guidance. It also summarizes the capital structure and provides details on opportunities to increase production and reduce costs at Island Gold through returning to a lower development ore ratio and potential mill expansions.
Richmont Mines reported third quarter 2016 financial results and operational highlights. Key points include:
- In-line production at Island Gold mine in Q3, with positive reconciliation of 37% compared to reserves.
- Beaufor mine production was lower due to equipment availability issues, but costs are expected to decrease as higher grade stoping increases.
- Strong cash position of $78.9 million to fund potential expansion at Island Gold to 1,100 tpd production.
- Near-mine drilling continuing to expand resources at Island Gold to incorporate in expansion study in H1 2017.
Richmont Mines is positioning itself for sustainable growth through its quality asset base in Canada including its growing production profile from the high-grade Island Gold Mine. The company is on track to meet or exceed revised 2016 guidance and has a strong balance sheet to fund its strategic growth plan. Recent exploration drilling continues to demonstrate potential for resource expansion at Island Gold laterally and at depth.
Richmont Mines owns the Island Gold mine in Ontario, Canada. Exploration drilling at Island Gold has highlighted the potential for further mineral resources and reserves at depth. Infrastructure development has advanced with the main ramp extending to 660 meters and a secondary eastern ramp to 470 meters. Based on drilling results, estimated mineral reserves were established below 400 meters depth containing over 90,000 ounces of gold. The mine produced over 10,000 ounces of gold in the first quarter of 2015 and is forecast to produce between 45,000 to 50,000 ounces for the full year.
Tristar Gold is developing the Castelo de Sonhos gold project in Brazil. The project has a 1.4 million ounce open pit reserve and a positive pre-feasibility study showing a 33% IRR and $399 million NPV at $1,550 gold price. Tristar is advancing permitting and aims to receive its installation license in 2024 to begin construction of a 3.6 million tonne per year operation. The project has significant exploration upside to expand resources along strike and at depth.
20240314 Calibre March 2024 Investor Presentation (FINAL).pdfAdnet Communications
Calibre Mining is creating a high growth, cash flow focused mid-tier gold producer in the Americas. It has 3 producing mines, 3 growth assets, 4.1M ounces of gold reserves, and is forecast to produce 275-300k ounces in 2024. Calibre aims to grow production to over 460k ounces annually by 2026 through organic growth from its assets and ongoing exploration and development projects. These include the high-grade Valentine Gold Mine in Canada, which began production in early 2025. Calibre has a track record of delivering production growth and increasing reserves, and sees potential for further discovery and resource expansion across its portfolio.
This document provides an overview of Lundin Gold's exploration activities and goals. In 2023, Lundin Gold conducted over 35,000 meters of near-mine drilling and over 8,000 meters of regional drilling to explore for new discoveries. Conversion drilling totaled over 11,000 meters to replace depleted reserves. The 2024 exploration program budget is $42 million, making it the largest program conducted on Lundin Gold's land package. Near-mine drilling is extending known mineralization at the Bonza Sur and FDNS targets. Regional drilling aims to make new discoveries of large gold deposits.
The document provides an overview of Strategic Resources' corporate presentation from March 2024. It discusses a three phase plan to develop an iron pelletizing facility and eventually the fully permitted BlackRock mine in Quebec. Phase 1 would produce direct reduction grade iron ore pellets using third party feedstock. Phase 2 could produce direct reduced iron or hot briquetted iron. Phase 3 involves building the BlackRock mine and facilities to produce high purity pig iron, vanadium, and titanium products. The presentation outlines the project's economics, location advantages, and potential to support the green transition in steelmaking.
This document provides an overview of Tristar Gold Inc., a gold mining company developing the Castle of Dreams gold project in Brazil. Key points include:
- The Castle of Dreams project has a 1.4 million ounce gold reserve identified in a 2021 PFS study, with potential to expand further.
- The PFS outlined an 11-year mine life with average annual production of 121,000 ounces at an AISC of $900/ounce and post-tax IRR of 28% at $1,550 gold.
- Tristar is advancing permitting for the project and aims to receive the installation license in 2023 to begin construction in 2024.
- The management team
Strategic Resources Corporate Presentation - March 2024 UpdateAdnet Communications
Strategic Resources presented on their corporate projects in March 2024. They outlined a three phase plan to build an iron pelletizing facility using third party feed as Phase 1. This would produce direct reduction grade pellets for sale at a premium to iron concentrate prices. Phase 2 would involve building a direct reduction plant to convert pellets to DRI or HBI. Phase 3 is the construction of Strategic's BlackRock mine and metallurgical facility in Quebec to produce high purity pig iron, titanium slag, and vanadium slag. The presentation highlighted Strategic's products as high value steel inputs that support the green transition to electric arc furnace steelmaking.
Strategic Resources is presenting on their corporate projects in March 2024. The presentation outlines their phased approach to developing the BlackRock iron ore project in Quebec, beginning with a merchant iron pellet plant using third party feed (Phase 1), followed by direct reduction and hot briquetted iron production (Phase 2), and ultimately the construction of the BlackRock mine and metallurgical facility (Phase 3). Strategic also discusses their leased site at the deep water Port of Saguenay that will be critical infrastructure for shipping iron ore pellets and products internationally. The presentation provides an overview of the economics for the Phase 1 merchant pellet plant and Strategic's capital structure.
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Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
BONKMILLON Unleashes Its Bonkers Potential on Solana.pdfcoingabbar
Introducing BONKMILLON - The Most Bonkers Meme Coin Yet
Let's be real for a second – the world of meme coins can feel like a bit of a circus at times. Every other day, there's a new token promising to take you "to the moon" or offering some groundbreaking utility that'll change the game forever. But how many of them actually deliver on that hype?
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
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Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
2. www.richmont-mines.com 2RIC: TSX NYSE-MKT
FORWARD LOOKING STATEMENTS
Safe Harbor Statement & Cautionary Note to U.S. Investors Concerning
Resource Estimates
This presentation contains forward-looking statements that include risks and uncertainties. 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-U.S. 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 detailed from time to time in Richmont Mines Inc.’s
periodic reports and annual notice.
The resource estimates in this presentation were prepared in accordance with NI 43-101 adopted by the Canadian
Securities Administrators. The requirements of NI 43-101 differ significantly from the requirements of the United States
Securities and Exchange Commission (the “SEC”). In this presentation, we use the terms “Measured”, “Indicated” and
“Inferred” Resources. Although these terms are recognized and required to be used in Canada, the SEC does not
recognize them. The SEC permits U.S. mining corporations, in their filings with the SEC, to disclose only those mineral
deposits that constitute “Reserves”. Under United States standards, mineralization may not be classified as a Reserve
unless the determination has been made that the mineralization could be economically and legally extracted at the time
the determination is made. United States investors should not assume that all or any portion of a Measured or
Indicated Resource will ever be converted into “Reserves”. Furthermore, “Inferred Resources” have a great amount of
uncertainty as to their existence and whether they can be mined economically or legally, and United States investors
should not assume that “Inferred Resources” exist or can be legally or economically mined, or that they will ever be
upgraded to a more certain category.
U.S. Investors are urged to consider the disclosure in our annual report on Form 20-F, File No. 001-14598, which may
be obtained from us or from the SEC’s web site: http://sec.gov/edgar.shtml.
(All amounts are in Canadian dollars, unless otherwise indicated.)
3. www.richmont-mines.com 3RIC: TSX NYSE-MKT
RICHMONT MINES OVERVIEW
Quality Asset Base in Canada
Growing Production Profile
Decreasing Cost Structure
Growing Cash Flow Streams
Significant Exploration Potential
Strong Balance Sheet
Favourable Canadian Dollar Exposure
Low Shares Outstanding (58M)
4. www.richmont-mines.com 4RIC: TSX NYSE-MKT
CAPITAL STRUCTURE
Capital Structure(1)
Issued & Outstanding Shares 58.3M
Options 3.0M
Fully Diluted 62.3M
Cash(1) C$61
Total Debt(2) C$7.3M
Ticker RIC:TSX–NYSE
Market Capital (March 23/16) C$405M
(1) As of Dec. 31, 2015.
(2) Long-term debt is primarily comprised of capital lease obligations
$61M
CASH
$7.3M
DEBT
Analyst Coverage
CIBC Kevin Chiew
Macquarie Capital Markets Michael Gray
National Bank Financial Adam Melnyk
PI Financial Brian Szeto
TD Securities Daniel Earle
Paradigm Capital Don Blyth
Cormark Securities Kyle MacPhee
Mackie Research Ryan Hanley
Canaccord Genuity Rahul Paul
BMO Capital Markets Brian Quast
Haywood Securities Kerry Smith
Scotia Capital Craig Johnston
RIC
(as of March 23, 2016)
TSX
C$
NYSE MKT
US$
Closing price $6.92 $5.36
52-week range $3.14-$7.30 $2.27-$5.48
Market Cap (M’s) $405M $308M
30-day daily trading avg. 312,287 425,288
Strong cash position supports fully
funded strategic growth plan
5. www.richmont-mines.com 5
Record Revenues of $143.7 million
Strong operating cash flow per share of $0.74
Strong cash position of $61 million at year end
Low long term debt of $7.3 million
Assembled experienced senior management team
Appointed Rene Marion as non-executive Chairman
Appointed Peter Barnes to the Board of Directors
CORPORATE HIGHLIGHTS
6. www.richmont-mines.com 6
Annual production exceeds guidance; AISC in-line with guidance
Reserves increased by 187%; 206% at Island Gold; 95% at Beaufor
Island Gold mine life increased to 7 years(1) with 3 years mine life pre-developed
Beaufor mine life increased to more than 2 years(1)
Released Preliminary Economic Assessment for Island Gold (Oct 28/15)
OPERATIONAL HIGHLIGHTS
2015
2015
Guidance
2016
Guidance
Gold produced (oz) 98,031 87,000-95,000 87,000-97000
Cash cost per oz. (CAN$)(1) $977 $935-$1,035 $930-$1,000
AISC (CAN$)(1) $1,373 $1,335-$1,490 $1,275-$1,390
Cash cost per oz. (US$)(1) $764 $750-$825 $680-$730(2)
AISC (US$)(1) $1,074 $1,075-$1,190 $935-$1,015(2)
1. Refer to the Non-GAAP performance measures contained in the Annual MD&A.
2. For 2016 material assumptions include: an average gold price of CAD$1,500 per ounce (US$1,100 per ounce);
and a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
Proven and Probable Mineral Reserves(1)(2)
Island Gold Mine and Beaufor Mine
December 31, 2015 Gold ounces Grams per tonne
Island Gold Proven & Probable
above ~400m 76,700 6.91
below ~400m 485,000 8.52
Island Gold Proven &
Probable
561,700 8.26
Beaufor Proven & Probable 63,850 6.57
Total Proven & Probable 625,550 8.05
(1) Refer to the detailed mineral reserve and mineral resource tables follow at the end of this presentation
(2) No changes to Mineral Reserves were made at the Corporation’s other properties.
(1) Mine life based on 2015 Mineral Reserves and Resources
2015 Operational Highlights
7. www.richmont-mines.com 7RIC: TSX NYSE-MKT
HIGH-GRADE UNDERGROUND MINE IN CANADA
Expansion opportunity to grow production
Growing production and declining cost structure
Reserves increase by 206%; 7-year mine life(1)
Exploration potential laterally and at depth
(1) Refer to full 2015 Reserve and Resource information at the end of this presentation
2015
2016
Guidance
PEA
2017-2022
Avg.
Gold Production (oz)(1) 55,040 62,000-67,000 78,000
Cash costs/oz (C$)(1)(2) $1,034 $900-$960 $552
AISC (C$)(1)(2) $1,460 $1,170-$1,250 $639
Cash costs/oz (US$)(1)(2) $808 $660-$705 $414
AISC (US$) (1)(2) $1,141 $855-$920 $479
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.
(2) 2016 Guidance assumes an average gold price of CAD$1,500 per ounce (US$1,100 per ounce); and a
foreign exchange rate of 1.364 Canadian dollars to the US dollar.
63% INCREASE IN PRODUCTION SINCE 2013
Capital and Exploration 2015
2016
Guidance
2016
PEA
Sustaining Capital ($M) 22.3 17.3 ~$20.0(2)
Project Capital ($M) PEA 28.9 37.4 36.8
Project Capital ($M)
non-PEA
2.0 6.0(1) -
Exploration ($M) 4.6 7.3 -
(1) Includes 1,000m of development and related infrastructure outside of the PEA area
(2) Estimated sustaining capital for the entire period 2017-2022 as per the PEA is $40.5M
2015 Reserves and
Resources
Tonnes
Gold
Ounces
Grade g/t
Reserves (oz)(1)/Grade (g/t) 2,115,500 561,700 8.26
M&I (oz)(1) /Grade (g/t) 348,500 71,700 6.40
Inferred (oz)(1)/Grade (g/t) 2,815,000 768,050 8.49
(1) Mine life based on 2015 Mineral Reserves and Resources
8. www.richmont-mines.com 8RIC: TSX NYSE-MKT
Underground Mine Productivity
ISLAND GOLD MINE:
POSITIONING FOR GROWTH
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
0
100
200
300
400
500
600
700
800
900
Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 2016E PEA
Base
Case
Gramspertonne
Tonnesperday
Underground tpd Head grade (g/t)
Island Gold 2014 2015 2016E
Underground tpd 657 659 800
Mill tpd 656 663 800
Head grade (g/t) 7.62 7.31 7-7.5
Recoveries (%) 96.00 96.80 96.50
(1) Fourth quarter production and mine and mill productivity includes a 3-week scheduled underground mine
shutdown in October
Tonnes mined from development ore:
• 2015: 50% / 2016E: 40%
• PEA: 5% (2017-2022)
First 2 mining horizons developed
3 years of mine life pre-developed
63% increase in production since 2013
Tailings expansion complete (2.3MT)
9. www.richmont-mines.com 9RIC: TSX NYSE-MKT
ISLAND GOLD:
2016 DEVELOPMENT AND MINE PLAN
First mining horizon (100% longhole)
Second mining horizon (100% longhole)
Third mining horizon (100% longhole)
Potential fourth mining horizon (100% longhole)
10. www.richmont-mines.com 10RIC: TSX NYSE-MKT
• Conceptual expansion case released in H2 2016; Potential Expansion Case
to 1,150 tpd decision in H1 2017
ISLAND GOLD: PEA OVERVIEW
• Potential for increased production and lower AISC
0
200
400
600
800
1000
1200
Q4 14 Q1 15 Q2 15 Q3 15 Q4 15 Dec 15 Permitted
Capacity
Increased Capacity of 900tpd
Base Case 800tpd
• Phased approach: Phase 1 (800 tpd)
• Mining from a depth of 450 to 860 metres over three long-hole mining horizons
• Excludes resources above the 450 metre level, isolated resource blocks and parallel zones
• Avg. production of approx. 78,000 gold ounces per year from 2017 to 2022 at
$552/oz cash costs
PEA Summary 2017-2022
Tonnes Milled (Mt) 1.7
Head Grade (g/t) 8.67
Mine life excl. transition period (years) 6
Daily mine production (tpd) 801
Gold recovery (%) 96.5
Production (Koz) 464.6
Average annual gold production (Koz) 78
Total operating cost ($M) 256
Average cash operating cost ($/t) 148
Average cash operating cost ($/oz) 552
Transition Period Project Capital 2015-2016 ($M) 62
Sustaining Capital ($M) (2017-2022) 40.5
Mill Expansion Opportunity
Expanded Case: 1,150tpd
11. www.richmont-mines.com 11RIC: TSX NYSE-MKT
86,500m Drilling program launched in Q4 2015; 50,050m completed to date
ISLAND GOLD: EXPLORATION PROGRAM
U
p
p
e
r
M
i
n
e
L
o
w
e
r
M
i
n
e
13. www.richmont-mines.com 13RIC: TSX NYSE-MKT
BEAUFOR MINE: OVERVIEW
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.
(2) Material assumptions include: an average gold price of CAD$1,500 per ounce (US$1,100
per ounce); and a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
(3) Refer to full 2015 Reserve and Resource information at the end of this presentation
2015 2016 Guidance
Gold Production (oz)(1) 26,411 25,000-30,000
Gold Sold (oz) 26,875 -
Cash costs/oz (C$)(1)(2) $995 $1,000-$1,060
AISC (C$)(1)(2) $1,216 $1,230-$1,330
Cash costs/oz (US$)(1)(2) $778 $735-$780
AISC (US$) (1)(2) $951 $905-$975
Capital and Exploration 2015 2016 Guidance
Sustaining Capital ($M) $5.9 $6.8
2015 Reserves and
Resources
Gold
Ounces
Grade g/t
Reserves (oz)(3)/Grade (g/t) 63,850 6.57
M&I (oz)(3) /Grade (g/t) 171,900 6.34
Inferred (oz)(3)/Grade (g/t) 28,000 6.44
Reserves increased by 95%; mine life
increased by 2 years (based on reserves)
Development of the Q Zone; Target of reaching
the mineralized structure by early 2016
Generating free cash flow
Camflo Mill: capacity of 1,200 tpd provides
toll milling opportunities
14. www.richmont-mines.com 14
MINERAL RESERVES INCREASE BY 187%
Gold oz.
63,850
Gold oz.
561,700
0
100
200
300
400
500
600
700
2012 2013 2014 2015
MineralReserves(000’sounces)
Monique Beaufor Island Gold
Mineral Reserves Growth
Proven and Probable Mineral Reserves(1)(2)
Island Gold Mine and Beaufor Mine
Gold ounces Grams per tonne
December 31 2015 2014
Change
(%) 2015 2014
Change
(%)
Island Gold Proven & Probable
above ~400m 76,700 90,000 (15%) 6.91 6.04 14%
below ~400m 485,000 93,750 417% 8.52 6.76 26%
Island Gold Proven & Probable 561,700 183,750 206% 8.26 6.39 29%
Beaufor Proven & Probable 63,850 32,750 95% 6.57 7.06 (7%)
Total Proven & Probable 625,550 217,950 187% 8.05 6.43 25%
(1) Refer to the detailed mineral reserve and mineral resource tables follow at the end of this press release.
(2) No changes to Mineral Reserves were made at the Corporation’s other properties.
Island Gold Reserves increase by 206%
• 29% increase in grade to 8.26 g/t
• 80% of PEA resources converted
• Mine life of 7 years (based on reserves)
Beaufor Reserves increase by 95%
• Mine life > 2 years (based on reserves)
• Conversion primarily from the Q Zone
Significant exploration
potential for additional
reserve growth
15. www.richmont-mines.com 15RIC: TSX NYSE-MKT
WELL POSITIONED FOR SUSTAINABLE GROWTH
Significant Exploration Potential
Strong Balance Sheet
Favourable Canadian Dollar Exposure
Low Shares Outstanding (58M)
Growing Production - Decreasing Cash Costs Growing Cash Flow Streams
Quality Asset Base in Canada
Growing Production Profile
Decreasing Cost Structure
Growing Cash Flow Streams
-
200
400
600
800
1,000
1,200
50,000
60,000
70,000
80,000
90,000
100,000
110,000
FY-15A FY-16* FY-17 FY-18
Cashcostsperoz.(CAD$)
GoldProduction(oz)
* 2016 is mid-range of guidance
Source: ThomsonOne Consensus Data
Production (oz) Cash Costs (CAD$/oz)
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
FY-15 FY-16 FY-17 FY-18
CashFlowpershare(C$)
Source: ThomsonOne Consensus Data
OCF/PS
17. www.richmont-mines.com 17RIC: TSX NYSE-MKT
CHRISTIAN BOURCIER
Vice-President,
Operations
P. ENG
President and
Chief Executive Officer
P. ENG
RICHMONT MINES: MANAGEMENT TEAM
RENAUD ADAMS DANIEL ADAM
Vice-President
Exploration
GEO PHD
NICOLE VEILLEUX
Vice-President
Finance
CPA, CA
JEAN BASTIEN
Island Gold Mine
General Manager
P. ENG, MBA
MARC-ANDRÉ LAVERGNE
Beaufor Mine and Camflo Mill
General Manager
P. ENG
MAXIME GRONDIN
Director,
Human Resources
CIRC
MÉLISSA TARDIF
ANNE DAY
Vice-President,
Investor Relations
MBA
STEVE BURLETON
Vice-President,
Business Development
CFA, MBA
Director,
Business Performance
Management and
Infrastructure
BSC ISE
MIGUEL MENDOZA
Lawyer and
Corporate Secretary
LLB
18. www.richmont-mines.com 18RIC: TSX NYSE-MKT
RICHMONT MINES: BOARD OF DIRECTORS
GREG CHAMANDY
Director
RENÉ MARION
Chairman
of the Board
P. ENG
MICHAEL PESNER
Director and Chairman of
the Audit Committee
CA
RENAUD ADAMS
Director, President
and Chief Executive Officer
P. ENG
PETER BARNES
Director
CA
ELAINE ELLINGHAM
Director
P. Geo., MBA
19. www.richmont-mines.com 19
2016 OPERATIONAL ESTIMATES
2016 Production and Cost Guidance
2016 Capital Investment Guidance
Operational Estimates Island Gold Beaufor
2016 Consolidated
Estimates
Gold Ounces Produced 62,000-67,000 25,000-30,000 87,000-97,000
Cash Costs per Ounce (CAD$)(1) $900-$960 $1,000-$1,060 $930-$1,000
Sustaining Capital per Ounce (CAD$) $260-$290 $230-$270 $250-$280
Corporate G&A per Ounce (CAD$) $95-$110
All-in Sustaining Costs per Ounce (CAD$)(1) $1,160-$1,250 $1,230-$1,330 $1,275-$1,390
Cash Costs per Ounce (US$)(1) $660-$705 $735-$780 $680-$730
Sustaining Capital per Ounce (US$) $190-$215 $170-$195 $185-$205
Corporate G&A per Ounce (US$) $70-$80
All-in Sustaining Costs per Ounce (US$)(1) $850-$920 $905-$975 $935-$1,015
(1) Cash costs and AISC are non-GAAP measures. Refer to the Non-GAAP performance measures section in the 2015 Annual MD&A.
Material assumptions include: an average gold price of CAD$1,500 per ounce (US$1,100 per ounce); and a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
Capital and Exploration Investment ($M) Island Gold Quebec Division
2016 Consolidated
Estimates
Sustaining Capital (CAD$) $17.3 $6.8 $24.1
Project Capital (CAD$)(3) $43.4 $ - $43.4
Company-wide Exploration (CAD$) $7.3(1) $1.1(2) $8.4
Sustaining Capital (US$) $12.7 $5.0 $17.7
Project Capital (US$)(3) $31.8 $ - $31.8
Company-wide Exploration (US$) $5.4 $0.8 $6.2
(1) Exploration costs required to complete the drilling programs announced in September 2015.
(2) All delineation and exploration drilling for the Beaufor Mine is included in sustaining capital and $1.1 million is related to the Quebec division outside the Beaufor property.
(3) Project Capital for Island Gold includes accelerated underground development of $25.0 million (US$18.3 million) related to the PEA and $6.0 million (US$4.4 million) related to discretionary development outside the scope of the PEA.
20. www.richmont-mines.com 20RIC: TSX NYSE-MKT
Sustaining Capital Investment ($M) CAD$ US$
Exploration Expense 4.6 3.6
Total Exploration 4.6 3.6
2015 Island Gold Exploration Expense
ISLAND GOLD: Capital & Exploration Expenditures
Sustaining Capital Investment ($M) CAD$ US$
Capital Projects / Fixed Assets 10.3 8.1
Sustaining Mine Development 9.1 7.1
Delineation Drilling 2.9 2.3
Sustaining Capital Investment 22.3 17.5
• Additional sustaining costs for the year included electrical and infrastructure upgrades of $1.7 million
(US$ 1.3 Million) and the development of additional resources located in the Goudreau Zone, which was
not considered in 2015 guidance estimates.
• Additional project capital investments for 2015 included the expansion of the tailings dam capacity for
$6.8 million (US$ 5.3 million), electrical upgrades of $3.4 million (US$ 2.7 million) as well as other site
infrastructure upgrades.
2015 Island Gold Capital Investment
Project Capital ($M)(1) CAD$ US$
Tailings Dam Expansion 8.7 5.3
Main Ramp Extension 7.8 6.1
Eastern Ramp Extension and 620m Exploration Drift 8.5 6.6
Electrical Upgrade 5.9 2.7
Total Project Capital 30.9 20.7
21. www.richmont-mines.com 21RIC: TSX NYSE-MKT
Development Ore vs. Unit Costs:
$1,232
$1,696
1000
1100
1200
1300
1400
1500
1600
1700
1800
USD Gold CAD Gold
ISLAND GOLD: OPTIMIZING UNIT COSTS
$49
SG&A (21%)
2015 Unit Cost Allocation
$140
MINING (60%)
$35
MILLING
(15%)
$8
ROYALTIES (3%)
Strong Leverage to Canadian Dollar
95% of Cash Outflows in CAD$
3-years mine life pre-developed:
Provides significant flexibility
22. www.richmont-mines.com 22RIC: TSX NYSE-MKT
49,196
oz
MINERAL RESERVES AND RESOURCES
Richmont Mines 2015 Mineral Reserve
and Resource Estimates
December 31, 2015 December 31, 2014
Tonnes Grade Ounces Tonnes Grade Ounces
(metric) (g/t Au) (metric) (g/t Au)
ISLAND GOLD MINE
Proven Reserves2 (above -400m) 97,000 7.00 21,800 173,000 6.25 34,700
Probable Reserves2 (above -400m) 248,000 6.88 54,900 290,500 5.91 55,300
Total Proven & Probable (above -400m) 345,000 6.91 76,700 463,500 6.04 90,000
Proven Reserves2 (below -400m) 266,500 7.72 66,100 86,000 6.57 18,150
Probable Reserves2 (below -400m) 1,504,000 8.66 418,900 345,500 6.81 75,600
Total Proven & Probable (below -400m) 1,770,500 8.52 485,000 431,500 6.76 93,750
Total Proven & Probable Reserves2 2,115,500 8.26 561,700 895,000 6.39 183,750
Measured Resources (above -400m) 7,500 5.80 1,350 26,000 5.30 4,400
Indicated Resources (above -400m) 235,500 6.96 52,700 269,500 6.98 60,450
Indicated Resources3 (below -400m) 105,500 5.20 17,650 438,000 10.95 154,200
Total Measured & Indicated Resources 348,500 6.40 71,700 733,500 9.29 219,050
Inferred Resources (above -400m) 412,500 7.44 98,700 369,500 6.97 82,800
Inferred Resources3 (below -400m) 2,402,500 8.67 669,350 3,178,000 9.00 919,950
Total Inferred Resources 2,815,000 8.49 768,050 3,547,500 8.79 1,002,750
BEAUFOR MINE4
Proven Reserves2 35,600 7.31 8,350 53,000 7.13 12,100
Probable Reserves2 266,500 6.48 55,500 91,500 7.02 20,650
Total Proven and Probable Reserves 302,100 6.57 63,850 144,500 7.06 32,750
Measured Resources 109,000 5.32 18,600 111,500 5.30 19,000
Indicated Resources 734,000 6.50 153,300 805,500 6.60 170,850
Total Measured & Indicated Resources 843,000 6.34 171,900 917,000 6.44 189,850
Total Inferred Resources 135,000 6.44 28,000 743,000 6.51 155,600
MONIQUE MINE5
Proven Reserves2
Probable Reserves2 14,500 3.16 1,450
Total Proven & Probable Reserves2 14,500 3.16 1,450
Total Indicated Resources 107,500 4.88 16,850 107,500 4.88 16,850
WASAMAC GOLD PROPERTY6
Measured Resources 3,124,500 2.75 276,550 3,124,500 2.75 276,550
Indicated Resources 12,127,000 2.89 1,125,700 12,127,000 2.89 1,125,700
Total Measured & Indicated Resources 15,251,500 2.86 1,402,250 15,251,500 2.86 1,402,250
Total Inferred Resources 18,759,000 2.66 1,605,400 18,759,000 2.66 1,605,400
FRANCOEUR GOLD PROPERTY6, 7
Measured Resources 40,000 5.89 7,600 40,000 5.89 7,600
Indicated Resources 280,000 6.55 59,000 280,000 6.55 59,000
Total Measured & Indicated Resources 320,000 6.47 66,600 320,000 6.47 66,600
Total Inferred Resources 18,000 7.17 4,150 18,000 7.17 4,150
TOTAL RESERVES AND RESOURCES
Proven & Probable Reserves 2,417,600 8.05 625,550 1,054,000 6.43 217,950
Measured & Indicated Resources 16,870,500 3.19 1,729,300 17,329,500 3.40 1,894,600
Inferred Resources 21,727,000 3.44 2,405,600 23,067,500 3.73 2,767,900
1. Mineral Resources presented are exclusive of Mineral Reserves. Mineral Resources that are not Mineral Reserves do
not have demonstrated economic viability.
2. In 2015, based on a gold price of CAD$1,300 per ounce and an exchange rate of CAD$1.2037 = US$1.00.
(In 2014: gold price of CAD$1,300 per ounce and CAD$1.0833 = US$1.00).
3. Underground Resources established for the C Zone and six other lateral zones below a vertical depth of -400 metres.
4. W Zone and 350 Zone Mineral Reserves and Mineral Resources are included with the Beaufor Mine as at
December 31, 2015 and 2014.
5. Monique Mineral Reserves are open-pit, and Mineral Resources are located underground directly below the open-pit.
6. Underground Mineral Resources established as of December 31, 2012.
7. Francoeur Mine closed in November 2012.
23. www.richmont-mines.com 23
TOP SHAREHOLDERS
Firm Name % O/S Shares Held City
Oxbridge Group, Inc.(1) 6.93 4,020,854 Montreal
Renaissance Technologies LLC 5.95 3,484,500 New York
ZPR Investment Management Inc. 4.70 2,752,610 Orange City
Caisse de Depot et Placement du Quebec 4.66 2,730,000 Montreal
OppenheimerFunds, Inc. 3.93 2,300,000 New York
1832 Asset Management L.P. 3.72 2,175,000 Toronto
Connor, Clark & Lunn Investment Management Ltd. 3.10 1,812,714 Vancouver
RBC Global Asset Management Inc. 2.92 1,711,273 Toronto
Sentry Investments Inc. 2.76 1,615,900 Toronto
Mackenzie Financial Corporation 2.73 1,600,800 Toronto
Ruffer LLP 2.22 1,300,000 London
U.S. Global Investors, Inc. 1.88 1,100,000 San Antonio
Fiera Capital Corporation 1.70 995,789 Montreal
Fonds de Solidarité FTQ 1.68 985,600 Montreal
Eterna Investment Management Inc. 1.52 888,600 Quebec City
Picton Mahoney Asset Management 1.45 850,000 Toronto
Dimensional Fund Advisors, L.P. 1.41 825,000 Austin
Norrep Capital Management Ltd. 1.12 655,400 Calgary
Manulife Asset Management Limited 1.11 650,000 Toronto
Acadian Asset Management LLC 1.00 584,648 Boston
Formula Growth Ltd. 0.94 550,000 Montreal
AGF Investments Inc. 0.93 546,600 Toronto
BlackRock Asset Management Canada Limited 0.93 545,000 Toronto
James Investment Research Inc. 0.86 505,415 Xenia
Gabelli Funds, LLC 0.77 450,000 Rye
(1) Shares held by H. Greg Chamandy, Director– Richmont Mines
28. www.richmont-mines.com 28RIC: TSX NYSE-MKT
BEAUFOR MINE: OPERATIONAL HIGHLIGHTS
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.
Safe operation, 2 years without lost-time injury
Cash costs & AISC in-line with guidance
Reserves increased by 95%; mine life increased by 2 years (reserves)
Development of Q Zone; target to reach mineralization Q1 2016
Beaufor Mine
Quarter ended
Dec. 31/15
Quarter ended
Dec. 31/14
Twelve-months
ended
Dec. 31/15
Twelve-months
ended
Dec.31/14
Gold produced (oz) 5,652 6,633 26,411 24,959
Gold sold (oz) 5,237 5,840 26,875 24,006
Cash cost per ounce (CAN$)(1) 1,084 935 995 946
AISC (CAN$)(1) 1,515 988 1,216 1,024
Realized gold price (CAN$) 1,467 1,367 1,474 1,399
Cash cost per ounce (US$)(1) 812 823 778 856
AISC (US$)(1) 1,135 870 951 927
Realized gold price (US$) 1,099 1,204 1,153 1,267
Underground tpd 306 327 343 323
Mill tonnes 28,345 30,247 125,447 115,573
Head grade (g/t) 6.30 6.96 6.64 6.86
Recoveries (%) 98.4 98.1 98.6 97.9
Sustaining Costs ($000’s) 2,259 313 5,942 1,880
Project and non-sustaining capital ($000’s) 132 607 340 1,733
29. www.richmont-mines.com 29RIC: TSX NYSE-MKT
MONIQUE MINE: OPERATIONAL HIGHLIGHTS
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.
Monique Mine
Quarter ended
Dec. 31/15
Quarter ended
Dec. 31/14
Twelve-months
ended
Dec. 31/15
Twelve-months
ended
Dec. 31/14
Gold produced (oz) 2,525 7,324 16,580 23,675
Gold sold (oz) 2,835 6,774 17,657 23,490
Cash cost per ounce (CAN$)(1) 977 586 782 910
AISC (CAN$)(1) 982 647 798 958
Realized gold price (CAN$) 1,478 1,366 1,486 1,387
Cash cost per ounce (US$)(1) 731 516 612 824
AISC (US$)(1) 735 570 625 867
Realized gold price (US$) 1,107 1,203 1,162 1,256
Mill tonnes 45,922 85,447 224,673 283,009
Head grade (g/t) 1.77 2.80 2.37 2.71
Recoveries (%) 96.4 95.3 96.7 96.0
Mining of the pit completed January 2015
Cash Costs & AISC in-line with guidance
Strong Free Cash Generation
Stockpile processed in 2015; grade of 2.37 g/t Au
Reclamation on-going
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WASAMAC: ADVANCED DEVELOPMENT PROJECT
Resources Tonnes
Grade
(g/t Au)
Gold
Ounces
Measured Resources 3,124,500 2.75 276,550
Indicated Resources 12,127,000 2.89 1,125,700
Inferred Resources 18,759,000 2.66 1,605,400
(1) Refer to full 2014 Reserve and Resource information at the end of this presentation
15km west of Rouyn-Noranda, Quebec
100% owned, no royalties
Close proximity to existing infrastructure
Located in the Abitibi gold mining district
Significant exploration potential
NI 43-101 PEA released in March 2012
34. www.richmont-mines.com 34RIC: TSX NYSE-MKT
OUR VISION and STRATEGY
Our vision is to become a leading intermediate gold producer focused on
the Americas generating superior per share valuation. We are committed to a
Sustainable Business Model and a strategy of long-term growth, and will fully
utilize the Corporation’s strong balance sheet, assets, cash flow, capital
structure and the extensive experience of the Corporations’ Board of
Directors and Management Team to build the next leading Canadian based
intermediate gold company.
Our strategy, in the short term, will focus on becoming a leading junior
gold producer by maintaining at all times a superior per share position on
operational & financial metrics while maintaining a sustainable and risk
adverse approach under a ‘Sustainable Business Model’.
We are guided by our core corporate values to achieve long term value
for all of our stakeholders. By cultivating a culture of responsible
performance, we are focused on operating in a sustainable manner while
holding ourselves accountable to all of our stakeholders.
35. www.richmont-mines.com 35RIC: TSX NYSE-MKT
OUR VALUES
At the heart of this is a commitment to
responsibility, integrity and accountability
and the Corporation’s four corporate
values of Family, Health & Safety,
Growth and Team Work.
Health
and Safety
“Zero tolerance…”
Family
“At the heart of
what unites us…”
Richmont Mines is a family. Our
management team is easily accessible
and actively listens to our employees and their
families. Richmont has put a number of plans and
activities in place, including programs that
support work-family balance, scholarships,
and student hiring.
Health and safety is a cardinal value
of the corporation. Richmont Mines
makes every effort to safeguard the health
and safety of all of its employees. We implement
efficient health and wellness programs and
support our objectives with recognition programs.
The only truly acceptable result is zero accidents.
Team Work
“Working together...”
Richmont Mines strives to create a unified
team by encouraging the involvement and
the participation of our employees and
stakeholders. We want our employees to
enjoy working together. Every position is
important. Working together and promoting
cooperation promotes continued success and
the achievement of greater objectives.
With an objective of becoming a leading junior
gold producer in the short-term and an important
intermediate gold producer, Richmont’s growth is
supported by the development of our workforce, the
health and safety of our employees, and cultivating
good relations with the community, while having
a transparent approach, driven by integrity
and ethics.
Growth
“We are building the future…”
36. www.richmont-mines.com 36RIC: TSX NYSE-MKT
SUSTAINABLE BUSINESS MODEL
We believe in developing Richmont based
on the principles of sustainability,
in order to deliver sustainable and
superior value for all stakeholders
with low risk exposure
to precious metals.
Sustainable
Human Resources
Sustainable
Community Development
Sustainable
Process Improvement
Sustainable
Growth Principles
Making work life sustainable through
employee health & safety and wellness
programs, improved supervisory & operational
planning/implementation practices and skills
through training programs. Develop potential
leadership abilities through leadership program.
Promote Life in Balance; family, work and
personal development.
Reducing inefficiency and waste
through quality & performance
management by implementation of
“Lean” methods and balanced score
card approach. Advanced knowledge
and experience with energy efficiency,
sustainable waste systems & construction/
building practices.
Leadership and consulting skills for
promoting comprehensive change
toward sustainability in communities and
developing world-class relationships
with Aboriginal communities.
Developing sustainable exploration,
development, operational and financial
practices in order to deliver superior per share
value, mitigation/management of risk exposure
and discipline approach toward preserving best-
in-class balance sheet and capital structure.