Richmont Mines to rush ramp progress at Island Gold mine, Ontario

Canadian junior gold producer Richmont Mines on Tuesday announced that it would accelerate ramp construction to the 1.1-million-ounce inferred resource extension below the corporation's cornerstone Island Gold mine, in Ontario. The TSX- and NYSE MKT-listed miner explained that it intended to ink a contract with underground mining contractor Manroc Developments to accelerate ramp development into the lower Island Gold zone, with work expected to start in mid-October.