Richmont Mines

Übernahme von Richmont Mines durch Alamos Gold ist abgeschlossen

http://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2017/Alamos-Gold-Announces-Completion-of-Acquisition-of-Richmont-Mines/default.aspx

Richmont Mines meldet Zahlen für Q3/17

THIRD QUARTER AND NINE-MONTH HIGHLIGHTS - CONTINUING OPERATIONS⁽¹⁾

• Revenues of $36.5 (US$29.2) million for the quarter and $123.4 (US$94.3) million for the nine-month period.
• Net earnings of $4.8 (US$3.8) million, or $0.08 (US$0.06) per share for the quarter and $21.7 (US$16.6) million, or $0.34 (US$0.26) per share for the nine-month period.
  
• Record production of 26,659 ounces of gold (22,666 ounces sold) for the quarter and 76,541 ounces of gold (74,849 ounces sold) for the nine-month period, positioning the Island Gold Mine to exceed the high end of annual production guidance of between 87,000 and 93,000 ounces.
  
• Cash costs⁽²⁾ of $666 (US$532) per ounce for the quarter and $637 (US$487) per ounce for the nine-month period. The Island Gold Mine remains on track to beat the lower end of annual cash cost guidance of between $715 and $765 (US$550 to US$590) per ounce.
  
• All-In-Sustaining Costs⁽²⁾ ("AISC") for the Island Gold Mine were $886 (US$708) per ounce for the quarter and $796 (US$609) per ounce for the nine-month period. The Island Gold Mine remains on track to beat the lower end of annual AISC guidance of between $945 and $995 (US$725 and US$765) per ounce.
  
• AISC for continuing operations, including all corporate overhead, was $1,038 (US$829) per ounce for the quarter and $921 (US$704) per ounce for the nine-month period.
• Operating cash flow from the Island Gold Mine was $14.5 (US$11.6) million for the quarter and $62.2 (US$47.5) million for the nine-mine period. Operating cash flow⁽²⁾ (before changes in non-cash working capital), including all corporate overhead, was $11.5 (US$9.2) million for the quarter, or $0.18 (US$0.14) per share, and $50.6 (US$38.7) million for the nine-month period, or $0.80 (US$0.61) per share.
• The Island Gold Mine generated strong free cash flow of $4.4 (US$3.5) million for the quarter and $31.8 (US$24.3) million for the nine-month period. Net free cash flow⁽²⁾, including all corporate overhead, was $1.8 (US$1.4) million for the quarter, or $0.03 (US$0.02) per share, and $21.0 (US$16.0) million for the nine-month period, or $0.33 (US$0.25) per share.
• Cash balance at the end of the quarter was approximately $90.0 (US$72.1) million. As a result of timing, the finished goods inventory at the end of the quarter consisted of approximately 2,000 gold ounces. These ounces were sold in the fourth quarter.
  
• Year to date, Island Gold has continued to outperform the 2017 Expansion Case Preliminary Economic Assessment ("PEA") on all key metrics, which demonstrates the significant upside potential of this asset.
• The mill expansion to 1,100 tonnes per day advanced during the quarter and the operation is anticipated to achieve the target run rate in the latter part of 2018.
• On September 11, 2017, Richmont announced that it had entered into a definitive agreement with Alamos Gold ("Alamos") whereby Alamos will acquire all of the issued and outstanding shares of Richmont pursuant to a plan of arrangement. The transaction is expected to close on, or about, November 23, 2017.
  

https://www.richmont-mines.com/English/news-events/news/news-details/2017/Richmont-Mines-Reports-Strong-Third-Quarter-Financial-Results-Driven-by-Record-Gold-Production-and-Solid-Cost-Performance-at-Island-Gold/default.aspx

Richmont Mines hat in Q3/17 rund 27 koz Gold produziert

https://www.richmont-mines.com/English/news-events/news/news-details/2017/Richmont-Mines-Reports-Record-Third-Quarter-Production-and-Peer-Leading-Cash-Costs-from-the-Island-Gold-Mine-Island-Gold-On-Track-to-Beat-Annual-Guidance/default.aspx

In einer friedlichen Übernahme zahlt Alamos Gold rund 22% Aufschlag auf den letzten Kurs von Richmot Mines: https://www.richmont-mines.com/English/news-events/news/news-details/2017/Alamos-Gold-Announces-Friendly-Acquisition-of-Richmont-Mines---Solidifies-Position-as-a-Leading-Intermediate-Gold-Producer/default.aspx