Richmont Mines Announces Board Nomination and Management Changes
11 December 2013 - 12:30AM
Marketwired
Richmont Mines Announces Board Nomination and Management Changes
MONTREAL, QUEBEC--(Marketwired - Dec 10, 2013) - Richmont Mines
Inc. (TSX:RIC)(NYSEMKT:RIC), ("Richmont" or the "Corporation") is
pleased to announce that mining industry veteran Dr. James W. Gill
will join its Board of Directors effective immediately. In
addition, the Corporation has appointed Mr. Rosaire Emond, Eng., to
the position of Vice-President and Chief Operating Officer, Mr.
Jean Bastien, Eng., MBA, to the position of Mine Manager of the
Corporation's Island Gold Mine, and Mr. Raynald Vincent, Eng.
M.G.P., to the position of Chief Geologist for the Corporation's
Island Gold Mine.
Dr. Gill has been involved in the mining business for over 40
years and brings expertise in the exploration, mine development and
operation business as well in public company management and
finance. Dr. Gill founded Aur Resources Inc. and over its 26 year
history helped build the company into a significant mining
enterprise with operations in Canada and Chile. He received his
B.Sc. and M.Sc. degrees from McGill University in Montreal, and a
PhD degree in economic geology from Carleton University in Ottawa
in 1976.
Mr. Greg Chamandy, Executive Chairman of Richmont's Board of
Directors commented: "We are very pleased that Dr. Gill is joining
our Board. His extensive and multi-faceted mining experience will
be extremely valuable to Richmont, and with the recent addition to
René Marion adds a great deal of technical experience to our
Board."
Mr. Emond holds a Mining Engineering degree from the University
of Laval in Quebec, and has close to 30 years of project management
and mine-building experience with various companies including
Placer Dome Canada and Agnico-Eagle Mines Limited. Mr. Emond joined
Richmont in September 2011, and was appointed as Project Manager
for Richmont's Island Gold Deep project in February 2013. Mr. Emond
will be replacing Mr. Christian Pichette, who is retiring after a
distinguished 35 year career in the mining industry.
Mr. Bastien holds a degree in mining engineering from the
University of Laval, and an MBA from the University of Quebec in
Abitibi-Témiscamingue. Mr. Bastien has more than 30 years of
engineering, operations and managerial experience in the mining
industry. He previously worked for Cambior (now IAMGOLD),
Agnico-Eagle and Aurizon Mines. Mr. Bastien joined Richmont Mines
in July 2010, and was promoted to the position of General Manager
of Operations in August 2012.
Mr. Raynald Vincent holds a degree in Geological Engineering
from Laval University, and a Master's degree in Project Management
from the University of Quebec in Abitibi-Témiscamingue. Prior to
joining Richmont, Mr. Vincent worked for several mining companies,
including Inmet Mining, Cambior, Flaconbridge Copper and Noranda.
He joined Richmont in January 2009, and was appointed to the
position of Chief Exploration Projects in June 2011.
Mr. Paul Carmel, President and CEO of Richmont Mines commented:
"We are very pleased to be able to draw from our deep pool of
talent internally to fill these important positions. All three
individuals are well-regarded industry veterans who know Richmont
well, and are well-suited to the challenges that lie ahead."
About Richmont Mines Inc.
Richmont Mines has produced over 1,400,000 ounces of gold from
its operations in Quebec, Ontario and Newfoundland since beginning
production in 1991. The Corporation currently produces gold from
the Island Gold Mine in Ontario, and the Beaufor Mine, Monique Mine
and the W Zone Mine in Quebec. The Corporation is also advancing
the Island Gold Deep project beneath the Island Gold Mine in
Ontario. With over 20 years of experience in gold production,
exploration and development, and prudent financial management, the
Corporation is well-positioned to cost-effectively build its
Canadian reserve base and to successfully enter its next phase of
growth. Richmont routinely posts news and other important
information on its website (www.richmont-mines.com).
Forward-Looking Statements
This news release contains forward-looking statements that
include risks and uncertainties. When used in this news release,
the words "estimate", "project", "anticipate", "expect", "intend",
"believe", "hope", "may" and similar expressions, as well as
"will", "shall" and other indications of future tense, are intended
to identify forward-looking statements. The forward-looking
statements are based on current expectations and apply only as of
the date on which they were made.
The factors that could cause actual results to differ materially
from those indicated in such forward-looking statements include
changes in the prevailing price of gold, the Canadian-United States
exchange rate, grade of ore mined and unforeseen difficulties in
mining operations that could affect revenue and production costs.
Other factors such as uncertainties regarding government
regulations could also affect the results. Other risks may be set
out in Richmont Mines' Annual Information Form, Annual Reports and
periodic reports.
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Investor Relations:Jennifer AitkenRICHMONT MINES INC.514
397-1410 ext
101jaitken@richmont-mines.comwww.richmont-mines.com
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