OTCPK:SPVEF - Post by User
Post by
idlefreebirdon May 20, 2018 5:21pm
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Post# 28058501
Poet , look at Alamos buying out Richmount
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
|