09:46 AM EST - Richmont Mines Inc. : Announced a positive revision to its 2016 operational guidance estimates driven by significantly better than expected performance from the Island Gold Mine. Company-wide annual gold production guidance estimates have increased to between 98,000 and 106,000 ounces, from 87,000 to 97,000 ounces, supported by a potential 45% annual production increase at the Island Gold Mine. Richmont Mines Inc.
shares T.RIC are trading down $0.27 at $12.86.