Business
Richmont Mines Announces Positive Revisions to 2016 Guidance
Richmont Mines Announces Positive Revisions to 2016 Guidance Richmont Mines Announ...
About this update from Richards Group Inc.
[{"type":"text","content":"\n\n\n\nRichmont Mines Announces Positive Revisions to 2016 Guidance\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 2pt double; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen5{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen6{\nBORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen3{\nBORDER-BOTTOM:black 2pt double; TEXT-ALIGN: CENTER; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen4{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: LEFT; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnbcc{\nBORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nRichmont Mines Announces Positive Revisions to 2016 Guidance\nCanada NewsWire\nTORONTO, Sept. 12, 2016\n\n\n\nPotential Production Increase at Island Gold of up to 45% over 2015\n\n\n\nTORONTO, Sept. 12, 2016 /CNW Telbec/ - Richmont Mines Inc. (TSX: RIC) (NYSE MKT: RIC) (\"Richmont\" or the \"Corporation\") announces a positive revision to its 2016 operational guidance estimates driven by significantly better than expected performance from the Island Gold Mine. (All amounts are in Canadian dollars, unless otherwise indicated).\n\n\nCompany-wide annual gold production guidance estimates have increased to between 98,000 and 106,000 ounces, from 87,000 to 97,000 ounces, supported by a potential 45% annual production increase at the Island Gold Mine. \nThe Corporation is also revising the Canadian to US dollar excha...