Wesdome Gold Mines Inc
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Wesdome confirms Kiena gold resource with bulk sample
Ahead of a prefeasibility study expected this quarter on a restart of the Kiena mine complex in Quebec, miner Wesdome Gold Mines (TSX: WDO) has announced the results of bulk sample processing from the high-grade Kiena Deep A zone. The…
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Wesdome discovers new gold zone at Kiena ahead of restart decision
With a prefeasibility study (PFS) expected to be complete in the second quarter, gold miner Wesdome Gold Mines (TSX: WDO) has announced the discovery of a high-grade gold zone at its past-producing Kiena mine in the Val d’Or area of…
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Wesdome to sell Moss Lake to Goldshore Resources for $57M
Privately held Goldshore Resources has signed an asset purchase agreement with gold producer Wesdome Gold Mines to acquire the 143-sq.-km Moss Lake gold project, 100 km west of Thunder Bay, for total consideration estimated at $57 million. The B.C.-incorporated company…
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Wesdome confirms Kiena zone continuity, restarts mill ahead of resource update, PFS
Toronto-based gold miner Wesdome Gold Mines has provided a reconciliation update for its past-producing Kiena mine complex in Quebec ahead of a resource update slated for next month. Overall, muck and chip samples suggest good correlation of the underground mineralization…
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Wesdome on track to meet guidance, invests in Eagle River and Kiena
Gold producer Wesdome Gold Mines generated a total of 20,008 oz. from its Eagle River complex in Ontario in the third quarter of this year, at all-in sustaining costs of US$1,047 per oz. These latest numbers bring the company’s year-to-date…
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MINING PEOPLE: Canada Silver Cobalt, GoldMining, Ivanhoe, Shandong, US Gold
Management appointments announced this week include: Clean Air Metals has named Allan MacTavish as VP and project manager for the company’s Thunder Bay North project. Robert Winton has joined Excelsior Mining as general manager and senior VP of the Gunnison…
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GOLD: Wesdome produces 25,142 oz. in Q2, on track to meet guidance
TORONTO – Wesdome Gold Mines’ Eagle River complex in Ontario churned out 25,142 oz. in the second quarter at all-in sustaining costs (AISCs) of US$879 per oz. According to the company, based on 50,264 oz. generated from the asset in…
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Pure Gold poised for production
Pure Gold readies for production in Red Lake; plus five other gold projects we’re watching.
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Wesdome Gold plans low-cost mine at Kiena
Wesdome Gold Mines (TSX: WDO) has released a preliminary economic assessment (PEA) for its wholly owned Kiena mine complex, 15 km northwest of Val-d’Or and 100 km east of Rouyn-Noranda in Quebec. The PEA estimates a mine life of eight years…
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GOLD: Wesdome drills high grades at Kiena Deep A zone
QUEBEC – Wesdome Gold Mines has released drill results from the past-producing Kiena mine complex in Val d’Or. The drill highlights include 3 metres of 108.2 g/t gold, 5.2 metres of 47.8 g/t gold and 12.4 metres of 41.3 g/t…
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COVID-19: Ontario and Quebec differ on ‘essential service’ definitions
Yesterday, Ontario Premier Doug Ford and Quebec Premier Francois Legault both ordered the closure of non-essential businesses, effective as of midnight on Tuesday, Mar. 24. Quebec’s shutdown will last three weeks ending April 13, while Ontario’s shutdown is for two…
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Global Gold Snapshot: Eight companies to watch
Given the market volatility from the spread of COVID-19, the outlook for gold remains uncertain. Nevertheless, gold exploration and mine development remain important drivers of mining activity. Here are eight companies with exposure to gold and precious metals. Bear Creek…
