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.
The document discusses Kirkland Lake Gold's Q1 2016 marketing update. It provides an overview of the company's operations, financial position, recent milestones and strategic transactions, share price performance, Q1 2016 financial results, cost trends, estimated 2016-2017 cash flows, and 2016 production guidance. Kirkland Lake Gold is an Ontario-focused intermediate gold producer with four mines in operation targeting annual production of 270,000-290,000 ounces in 2016. It has a strong balance sheet with $130 million in cash and is focused on further deleveraging its balance sheet and organic production growth.
- 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 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.
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.
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.
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.
- 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.
The document discusses Kirkland Lake Gold's Q1 2016 marketing update. It provides an overview of the company's operations, financial position, recent milestones and strategic transactions, share price performance, Q1 2016 financial results, cost trends, estimated 2016-2017 cash flows, and 2016 production guidance. Kirkland Lake Gold is an Ontario-focused intermediate gold producer with four mines in operation targeting annual production of 270,000-290,000 ounces in 2016. It has a strong balance sheet with $130 million in cash and is focused on further deleveraging its balance sheet and organic production growth.
- 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 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.
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.
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.
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.
- 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.
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 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.
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.
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 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
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.
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' 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.
This document discusses the proposed merger between Kirkland Lake Gold Ltd. (KGI) and St Andrew Goldfields Ltd. (SAS) to create an Ontario-focused intermediate gold producer. The combined company would have production from four mines and two centrally located mills in Ontario's Abitibi greenstone belt, with projected 2016 production of 260-310koz of gold. It would have a strong balance sheet with over C$100m in cash, enhanced market profile with increased analyst coverage and trading liquidity, and significant exploration upside through consolidated land holdings. The pro forma company is expected to have improved diversification and financial flexibility to generate strong cash flows as an emerging intermediate gold producer.
The document provides an overview of SEMAFO's operations and growth strategy. It details their track record of operating success in West Africa, including achieving production guidance for eight consecutive years. It outlines their disciplined growth strategy through exploration and developing the high-grade Natougou deposit. The document also highlights SEMAFO's strong financial position and CSR programs.
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.
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.
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 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 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.
The document provides financial and operational results for Richmont Mines Inc. for the second quarter of 2016. Some key highlights include:
- Gold production of 23,320 ounces for Q2 2016, with cash costs of $903/ounce and AISC of $1,330/ounce.
- Strong performance at Island Gold mine, the company's flagship asset, with production growth of 24% compared to Q2 2015 and costs well below guidance.
- Overall company remains on track to meet or exceed 2016 consolidated guidance.
- Solid cash position of $95.5 million and earnings of $0.04 per share for the quarter.
This document provides information about Richmont Mines' Island Gold Mine, including:
- An agenda for a site visit that includes presentations on workforce health and safety, sustainability, geology, operations, and development plans.
- Safety protocols and inductions for underground visits and surface areas.
- Maps showing the mine's location, infrastructure, mineralized zones, and land tenure.
- Charts presenting the management team, 2015 development plans, 2015 production guidance, and workforce statistics.
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.
The document summarizes Richmont Mines' second quarter 2015 results. Key points include:
- Gold production of 26,314 ounces for Q2 2015 and 52,173 ounces for the first half of 2015.
- Cash costs of $974/oz for Q2 2015 and $976/oz for the first half of 2015.
- Focus on developing the Island Gold mine, including $48.3 million planned for 2015 for development, drilling and studies to expand resources and reserves.
Country Special is an app that provides travel information and recommendations to users traveling internationally. It analyzes millions of websites and reviews to offer customized suggestions. The app's strengths are its ease of use and up-to-date information. However, it faces threats from competitors and needs continuous innovation as it is new to the market. Its goal is to provide high quality service, become customers' preferred choice, and break even in its first year. To achieve this, its strategy includes collaborations with travel companies to gain customers, offering both free and premium features, and promoting through social media, advertisements, and partnerships.
Nutrition Facts Label Changes & New Dietary Guidelines by Alice WilkinsonBlake Powers
The new labeling regulations are here! See what's changing and how it may impact your products. The FDA published the final rules in the Federal Register on May 27, 2016. There are also changes to the Daily Values for several nutrients. Most of the published guides are not covering these updates, and they're not that easy to find in the Federal Register. These changes could have a significant impact on your front-of-package claims.
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 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.
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.
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 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
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.
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' 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.
This document discusses the proposed merger between Kirkland Lake Gold Ltd. (KGI) and St Andrew Goldfields Ltd. (SAS) to create an Ontario-focused intermediate gold producer. The combined company would have production from four mines and two centrally located mills in Ontario's Abitibi greenstone belt, with projected 2016 production of 260-310koz of gold. It would have a strong balance sheet with over C$100m in cash, enhanced market profile with increased analyst coverage and trading liquidity, and significant exploration upside through consolidated land holdings. The pro forma company is expected to have improved diversification and financial flexibility to generate strong cash flows as an emerging intermediate gold producer.
The document provides an overview of SEMAFO's operations and growth strategy. It details their track record of operating success in West Africa, including achieving production guidance for eight consecutive years. It outlines their disciplined growth strategy through exploration and developing the high-grade Natougou deposit. The document also highlights SEMAFO's strong financial position and CSR programs.
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.
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.
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 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 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.
The document provides financial and operational results for Richmont Mines Inc. for the second quarter of 2016. Some key highlights include:
- Gold production of 23,320 ounces for Q2 2016, with cash costs of $903/ounce and AISC of $1,330/ounce.
- Strong performance at Island Gold mine, the company's flagship asset, with production growth of 24% compared to Q2 2015 and costs well below guidance.
- Overall company remains on track to meet or exceed 2016 consolidated guidance.
- Solid cash position of $95.5 million and earnings of $0.04 per share for the quarter.
This document provides information about Richmont Mines' Island Gold Mine, including:
- An agenda for a site visit that includes presentations on workforce health and safety, sustainability, geology, operations, and development plans.
- Safety protocols and inductions for underground visits and surface areas.
- Maps showing the mine's location, infrastructure, mineralized zones, and land tenure.
- Charts presenting the management team, 2015 development plans, 2015 production guidance, and workforce statistics.
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.
The document summarizes Richmont Mines' second quarter 2015 results. Key points include:
- Gold production of 26,314 ounces for Q2 2015 and 52,173 ounces for the first half of 2015.
- Cash costs of $974/oz for Q2 2015 and $976/oz for the first half of 2015.
- Focus on developing the Island Gold mine, including $48.3 million planned for 2015 for development, drilling and studies to expand resources and reserves.
Country Special is an app that provides travel information and recommendations to users traveling internationally. It analyzes millions of websites and reviews to offer customized suggestions. The app's strengths are its ease of use and up-to-date information. However, it faces threats from competitors and needs continuous innovation as it is new to the market. Its goal is to provide high quality service, become customers' preferred choice, and break even in its first year. To achieve this, its strategy includes collaborations with travel companies to gain customers, offering both free and premium features, and promoting through social media, advertisements, and partnerships.
Nutrition Facts Label Changes & New Dietary Guidelines by Alice WilkinsonBlake Powers
The new labeling regulations are here! See what's changing and how it may impact your products. The FDA published the final rules in the Federal Register on May 27, 2016. There are also changes to the Daily Values for several nutrients. Most of the published guides are not covering these updates, and they're not that easy to find in the Federal Register. These changes could have a significant impact on your front-of-package claims.
- 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.
This report includes a focus on seven key recommendations that are both specific and
actionable. A major role of the Task Force work has been to create shared understanding
across many disciplines, that removing obstacles to safe driving is crucial to healthy ageing and
managing our expanding lifespan successfully.
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.
Richmont Mines is positioning its Island Gold mine in Ontario, Canada for game-changing growth. In 2015, the company plans to spend $48.3 million at Island Gold, including $19.1 million on sustaining capital and $29.2 million on projects and exploration. This investment aims to transform Island Gold into a longer-life, higher-production mine through underground ramp and drill development, exploration drilling, and mining and milling studies.
This document is the annual report from Richmont Mines Inc. for its 2014 annual meeting. It discusses Richmont's operations in Ontario and Quebec, with the Island Gold Mine and Beaufor Mine being the primary operations. In 2014, Richmont saw increases in gold sales, earnings, operating cash flow, and ended the year with a strong balance sheet and cash position. It also oversaw development work to expand mining deeper levels at Island Gold. The report provides production and cost guidance for 2015.
Get the Swag on! With Eliumstudio & Martin JulienTheFamily
This document provides information about branding and design for mobile apps. It discusses evolving trends in mobile branding from skeuomorphism to minimalism. It emphasizes building a brand over just an app. It provides best practices for standing out including following device guidelines, creating unique brand guidelines, using storytelling and copywriting, and bringing delight to the user experience through fonts, colors, icons, and animations. Examples are given from apps like Igloo, Zenly, and Snapseed.
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 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 discusses business mobility and VMware's Horizon solution. It addresses the needs of lines of business for process innovation, users for access to any app on any device, and IT for identity, security and management. Horizon delivers a digital workspace, enables any application, and provides a mobile cloud architecture. It offers desktops and apps from private or public clouds securely on any device. The document highlights innovations in 3D graphics, collaboration, printing and scanning support. It also covers streamlined management with tools for user environment management, profiles, policies and monitoring. Horizon enhances security with trusted access, identity management and a unified access gateway.
MBA EM GESTÃO DE PROJETOS E PROCESSOS ORGANIZACIONAIS TURMA 25
Templates para auxiliar no Business Case – Planejamento Estratégico
Aula – Professor Daniel de Carvalho Luz
MBA em Gestão de Projetos e Processos Organizacionais turma 25
Beta receptor blockers are a class of drugs that are commonly used to treat cardiovascular conditions by blocking beta-1 and beta-2 receptors. They have several therapeutic uses including hypertension, congestive heart failure, angina, myocardial infarction, and cardiac arrhythmias. They work by decreasing heart rate, contractility, and blood pressure. Common side effects include fatigue, bronchospasm, and metabolic abnormalities. First generation blockers are non-selective while later generations are more cardioselective. Carvedilol is used for heart failure, atenolol for hypertension, and esmolol for emergencies. Propranolol is effective for migraine prevention. Timolol eye drops are used for glaucoma treatment by decreasing
Funcionamiento de un sistema de base de datosNelson Rubio
Un sistema de base de datos se divide en módulos funcionales que gestionan el almacenamiento y procesamiento de consultas. La arquitectura de tres esquemas separa el esquema interno, conceptual y de vista para ocultar detalles de implementación a los usuarios. El gestor de almacenamiento interactúa con los datos al nivel más bajo a través del gestor de archivos y otros componentes gestionan la integridad, transacciones, memoria y autorizaciones.
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' 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.
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.
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 over 78,000 ounces through 2022 at 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.
- 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 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.
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.
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.
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.
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 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.
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.
Richmont Mines provides a summary of its Island Gold Mine, including highlights from 2014 and plans for 2015. In 2014, exploration drilling indicated potential to extend the mine at depth and infrastructure development advanced significantly. Estimated reserves were also established below -400 meters. For 2015, Richmont plans a significant $48 million investment at Island Gold, including $29 million for project and exploration costs, to transform the mine into a long-life, high-production, low-cost operation.
Richmont Mines provides guidance for 2017 that projects a potential increase in gold production of up to 15% compared to 2016 levels, and a potential decrease in costs of up to 8%. Key objectives for 2017 include completing a positive expansion case preliminary economic assessment for the Island Gold Mine and continuing reserve and resource growth through exploration. Guidance forecasts 2017 production of 110,000-120,000 ounces of gold with cash costs per ounce of $640-$680 in US dollars.
The document summarizes Richmont Mines' positioning for sustainable growth through 2024. Key points include:
- The Island Gold Mine is expected to increase production to 125,000 ounces annually by 2019-2024 through a preliminary economic assessment to expand operations to 1,100 tonnes per day.
- The expansion case PEA indicates the project could generate strong cash flows and returns on investment at various gold price scenarios.
- Recent exploration success and delineation drilling indicate potential to further expand reserves at Island Gold at higher grades.
- Guidance for 2017 forecasts increased production and declining costs at Island Gold and the company overall.
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 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 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 is positioning itself for sustainable growth through its quality Canadian asset base and growing production profile. In 2017, Richmont expects gold production to increase up to 15% to 120,000 ounces, while cash costs per ounce are forecast to decrease up to 8% to $640. At the Island Gold Mine, reserves increased 34% to 752,000 ounces at an 11% higher grade of 9.17 g/t gold. An expansion case preliminary economic assessment is planned in Q2 2017 to evaluate increasing throughput to 1,100 tpd.
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.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
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.
"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.
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.
^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Duba...mayaclinic18
Whatsapp (+971581248768) Buy Abortion Pills In Dubai/ Qatar/Kuwait/Doha/Abu Dhabi/Alain/RAK City/Satwa/Al Ain/Abortion Pills For Sale In Qatar, Doha. Abu az Zuluf. Abu Thaylah. Ad Dawhah al Jadidah. Al Arish, Al Bida ash Sharqiyah, Al Ghanim, Al Ghuwariyah, Qatari, Abu Dhabi, Dubai.. WHATSAPP +971)581248768 Abortion Pills / Cytotec Tablets Available in Dubai, Sharjah, Abudhabi, Ajman, Alain, Fujeira, Ras Al Khaima, Umm Al Quwain., UAE, buy cytotec in Dubai– Where I can buy abortion pills in Dubai,+971582071918where I can buy abortion pills in Abudhabi +971)581248768 , where I can buy abortion pills in Sharjah,+97158207191 8where I can buy abortion pills in Ajman, +971)581248768 where I can buy abortion pills in Umm al Quwain +971)581248768 , where I can buy abortion pills in Fujairah +971)581248768 , where I can buy abortion pills in Ras al Khaimah +971)581248768 , where I can buy abortion pills in Alain+971)581248768 , where I can buy abortion pills in UAE +971)581248768 we are providing cytotec 200mg abortion pill in dubai, uae.Medication abortion offers an alternative to Surgical Abortion for women in the early weeks of pregnancy. Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman Fujairah Ras Al Khaimah%^^%$Zone1:+971)581248768’][* Legit & Safe #Abortion #Pills #For #Sale In #Dubai Abu Dhabi Sharjah Deira Ajman
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.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
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?
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
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 (59M)
4. www.richmont-mines.com 4RIC: TSX NYSE-MKT
CAPITAL STRUCTURE
Capital Structure(1)
Issued & Outstanding Shares 58.5M
Options 3.9M
Fully Diluted 62.4M
Cash(1) C$61.2
Total Debt(2) C$9.0M
Ticker RIC:TSX–NYSE
Market Capital (April 7/16) C$468M
(1) As of March 31, 2016
(2) As of March 31, 2016. Long-term debt is primarily comprised of capital lease obligations
$61.2M
CASH
$9.0M
DEBTAnalyst Coverage
CIBC Kevin Chiew
Macquarie Capital Markets Michael Gray
National Bank Financial Adam Melnyk
PI Financial Brian Szeto
TD Securities Daniel Earle
Paradigm Capital Don Blyth
Cormark Securities Kyle MacPhee
Mackie Research Ryan Hanley
Canaccord Genuity Rahul Paul
BMO Capital Markets Brian Quast
Haywood Securities Kerry Smith
Scotia Capital Craig Johnston
Desjardins Capital Mike Parkin
RIC
(as of April 7, 2016)
TSX
C$
NYSE MKT
US$
Closing price $8.00 $6.10
52-week range $3.14-$8.00 $2.27-$6.10
Market Cap (M’s) $468M $357M
30-day daily trading avg. 310,547 381,343
Strong cash position supports fully
funded strategic growth plan
5. www.richmont-mines.com 5
Q1 production: 32,369 oz.; Cash costs of $806 per oz (US$587)
Reserves increased by 187%; 206% at Island Gold; 95% at Beaufor
Island Gold mine life increased to 7 years(1) with 3 years mine life pre-developed
Beaufor mine life increased to more than 2 years(1)
Released Preliminary Economic Assessment for Island Gold (Oct 28/15)
OPERATIONAL HIGHLIGHTS
2015 Q1 2016
2016
Guidance
Gold produced (oz) 98,031 32,369 87,000-97000
Cash cost per oz. (CAN$)(1) $977 $806 $930-$1,000
AISC (CAN$)(1) $1,373 - $1,275-$1,390
Cash cost per oz. (US$)(1) $764 $587 $680-$730(2)
AISC (US$)(1) $1,074 - $935-$1,015(2)
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.
(2) 2016 Guidance assumes a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
Proven and Probable Mineral Reserves(1)(2)
Island Gold Mine and Beaufor Mine
December 31, 2015 Gold ounces Gold g/t
Island Gold Proven & Probable
above ~400m 76,700 6.91
below ~400m 485,000 8.52
Island Gold Proven &
Probable
561,700 8.26
Beaufor Proven & Probable 63,850 6.57
Total Proven & Probable 625,550 8.05
(1) Refer to the detailed mineral reserve and mineral resource tables that follow at the end of this presentation
(2) No changes to Mineral Reserves were made at the Corporation’s other properties.
(1) Mine life based on 2015 Mineral Reserves and Resources
Operational Highlights
6. www.richmont-mines.com 6RIC: TSX NYSE-MKT
CANADIAN HIGH-GRADE UNDERGROUND MINE
Record Production Q1; Declining cash costs
YTD positive grade reconciliation: 44%
Production expansion opportunity
Reserves increase by 206%; 7-year mine life(1)
Exploration potential laterally and at depth
(1) Refer to full 2015 Reserve and Resource information at the end of this presentation
2015
Q1
2016
2016
Guidance
PEA
2017-2022
Avg.
Gold Production (oz) 55,040 26,589 62,000-67,000 78,000
Gold Sold (oz) 52,363 26,031 - -
Cash costs/oz (C$)(1) $1,034 $674 $900-$960 $552
AISC (C$)(1) $1,460 - $1,160-$1,250 $639
Cash costs/oz (US$)(1) $808 $491 $660-$705(2) $414
AISC (US$)(1) $1,141 - $850-$920(2) $479
(1) Refer to the Non-GAAP performance measures contained in the Annual MD&A.
(2) 2016 Guidance a foreign exchange rate of 1.364 Canadian dollars to the US dollar.
63% INCREASE IN PRODUCTION SINCE 2013
Capital and Exploration 2015
2016
Guidance
2016
PEA
Sustaining Capital ($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
7. www.richmont-mines.com 7RIC: TSX NYSE-MKT
Underground Mine Productivity
ISLAND GOLD MINE:
POSITIONING FOR GROWTH
0.0
2.0
4.0
6.0
8.0
10.0
12.0
0
100
200
300
400
500
600
700
800
900
1000
Q414
Q115
Q215
Q315
Q415
2016E
PEA
(800tpd)
Q116
Upside
(900tpd)
Gramspertonne
Tonnesperday
Underground tpd Head grade (g/t)
Island Gold 2014 2015 Q1 2016 2016E
Underground (tpd) 601 659 853 800
Mill (tpd) 632 663 834 800
Head grade (g/t) 5.91 7.31 11.31 7.0-7.5
Recoveries (%) 96.3 96.8 96.3 96.5
(1) Fourth quarter production and mine and mill productivity: Includes a 3-week scheduled underground mine
shutdown and a 2-week scheduled mill shutdown
Tonnes mined from development ore:
• 2015: 50% / 2016E: 40% / PEA: 5%
First 2 mining horizons developed, third
horizon development in progress
3 years of mine life pre-developed
Tailings expansion complete (2.3MT)
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
2014 2015 2016E(1) PEA Base
Case
(800tpd)(2)
Upside
Potential
(900tpd)(3)
(1) Mid-range of 2016 guidance
Island Gold Production Upside
(2) Avg. annual production 2017-2022 (3) Permitted potential
OzAu
2016E (1) PEA Base
Case
(800tpd) (2)
Upside
Potential
(900tpd) (3)
8. www.richmont-mines.com 8RIC: TSX NYSE-MKT
Q1 RECORD PRODUCTION:
POSITIVE RECONCILIATION TO RESERVES
(1) Reconciliation Mined to Reserves as of March 31st, 2016
Record production in Q1; Higher than planned grades mined
Development ore ratio strategically increased to 55% (vs. 40% planned) in Q1
Development primarily in the higher-grade second mining horizon
YTD positive grade reconciliation of 44%: (47% development / 39% stope)
30% dilution assumption for development reserves; lower dilution
from deeper, wider zones
Reserves (as of Dec 31st, 2015) Mined (reconciled) Variations (Mined vs Reserves)
Diluted
Tonnes
Diluted
Grade
Diluted
Ounces
Reconciled
Tonnes
Reconciled
Grade
Reconciled
Ounces Tonnes Grade Ounces
Total Development Q1 44,323 8.28 11,795 42,601 12.19 16,701 96% 147% 142%
Total Stope Q1 34,877 7.13 7,991 34,995 9.92 11,166 100% 139% 140%
Total U/G Q1 79,199 7.77 19,785 77,596 11.17 27,867 98% 144% 141%
Year-to-Date Reserve Reconciliation (1)
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
2015 Q1 2016 PEA Base
Case
Permitted
Capacity
PEA
Expanded
Case
Tonnesperday
• 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
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
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) 2016 Guidance assumes 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 Q1 2016 2016 Guidance
Gold Production (oz) 26,411 4,615 25,000-30,000
Gold Sold (oz) 26,875 5,037 -
Cash costs/oz (C$)(1) $995 1,398 $1,000-$1,060
AISC (C$)(1) $1,216 - $1,230-$1,330
Cash costs/oz (US$)(1) $778 1,018 $735-$780(2)
AISC (US$)(1) $951 - $905-$975(2)
Capital and Exploration 2015 2016 Guidance
Sustaining Capital ($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; Reached the
mineralized structure in late March
Generating free cash flow (2016-2017)
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 625,550 216,500 187% 8.05 6.43 25%
(1) Refer to the detailed mineral reserve and mineral resource tables that follow at the end of this presentation.
(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 (59M)
Quality Asset Base in Canada
Growing Production Profile
Decreasing Cost Structure
Growing Cash Flow Streams
Island Gold Mine Core Beaufor Mine Q Zone
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 (C$)(1) $900-$960 $1,000-$1,060 $930-$1,000
Sustaining Capital per Ounce (C$) $260-$290 $230-$270 $250-$280
Corporate G&A per Ounce (C$) $95-$110
All-in Sustaining Costs per Ounce (C$)(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 C$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 (C$) $17.3 $6.8 $24.1
Project Capital (C$)(3) $43.4 $ - $43.4
Company-wide Exploration (C$) $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
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 C$1,300 per ounce and an exchange rate of C$1.2037 = US$1.00.
(In 2014: gold price of C$1,300 per ounce and C$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.
21. www.richmont-mines.com 21
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
27. www.richmont-mines.com 27RIC: TSX NYSE-MKT
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
31. www.richmont-mines.com 31RIC: 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.
32. www.richmont-mines.com 32RIC: 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…”
33. www.richmont-mines.com 33RIC: 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.