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Balance Sheet Cash Flow Statement 110 avenue Principale Rouyn-Noranda, Quebec J9X 4P6, Canada Tel. 819-797-2465 Fax 819-797-0166 |
Type: Public
On the web:
http://www.richmont-mines.com
Employees:
99
Employee growth: (62.2%)
Richmont Mines hopes to live up to the "rich" part of its name. The company's Canadian mines produce about 70,000 ounces of gold annually. It owns the Beaufor mine, it's largest producing mine, in southwestern Quebec. (It owns 50% of the project; 70%-owned subsidiary Louvem Mines Inc. owns the remaining 50% of the Beaufor mine.) Richmont's other producing mine, the Island Gold mine in Ontario, entered production in 2007. Richmont's nearby Camflo Mill processes mine production. In 2008 it bought Canadian golding miner Patricia Mining for about $17 million.
Key numbers for fiscal year ending December, 2008:
Sales: $57.7M
One year growth: 48.9%
Net income: $1.3M
Income growth: (80.3%)
Officers:
Chairman: Denis Arcand
President and CEO: Martin Rivard
VP Operations: Christian Pichette
Competitors:
Barrick Gold
Goldcorp
Newmont Mining
