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Island PEA shows higher output, lower costs

Richmont Mines (CN: RIC) has put some firm numbers behind the expansion plan for its Island Gold mine, releasing a preliminary economic assessment that maintains the narrative of an emerging high-grade, low-cost project.

Cameron French
PEA indicates robust economics of deeper, higher-grade gold mine at Island

PEA indicates robust economics of deeper, higher-grade gold mine at Island

Richmont currently produces gold at Island and at the Beaufor mine in Quebec. But the company has pegged its future on developing the higher-grade resource that sits below the current Island mine. The...

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