PROFIT & LOSS

Lower production, higher outlook for Monarques

Budding Québec-focused gold miner Monarques Gold Corp (TSXV:MQR) has reported lower production than expected for the March quarter but has forecast an increase in output and milling activities.

Staff reporter
 Budding miner looks to future

Budding miner looks to future

Production was 9% lower than the previous quarter at 4,932 ounces of gold primarily due to ore haulage equipment breaking down at the Beaufor mine and a planned maintenance shutdown at the Camflo mill....

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