OTCPK:SPVEF - Post Discussion
Post by
idlefreebird on May 20, 2018 5:21pm
Poet , look at Alamos buying out Richmount
Canada's Alamos Gold buys Richmont in a deal valued at C$905 million
Richmount was producing 83,000 ounces and will be ramped up to 125,000 and has a resource of:
ANNUAL OPERATING DATA | | 2016A | 2017A | 2018E |
Production | oz Au | 83,323 | 98,600 | 90,000 - 100,000 |
Total Cash Costs1 | US$/oz | $587 | $470 | $575 |
Mine-Site All-in Sustaining Costs1 | US$/oz | $745 | $599 | $825 |
| TONNES (000) | GRADE (g/t Au) | CONTAINED OUNCES |
Proven & Probable Reserves | 2,703,000 | 10.20 | 887,000 |
Measured & Indicated Resources3 | 591,000 | 5.86 | 111,000 |
Inferred Resources | 2,958,000 | 9.55 | 908,000 |
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