reports
Wesdome Reports First Quarter 2024 Financial Results
Wesdome Reports First Quarter 2024 Financial Results TORONTO, May 08, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX:WDO, OTCQX:WDOFF) (“Wesdome” or the “Company”) today announced its results for the three months ended March 31, 2024 (“Q1 2024”). Preliminary operating results for Q1 2024 were disclosed on April 15, 2024. Management will host a conference call tomorrow, Thursday, May 9 at 10:00 a.m. Eastern Time to discuss this quarter’s results. All amounts are expressed in Canadian dollars unless otherwise indicated. Q1 2024 Highlights Consolidated gold production was 33,322...
- Ben Pirie
Mining Monthly: April Edition
What you need to know: • Following a big breakout in March, gold pressed on hitting new all-time highs, however, lost steam and fell towards the end of the month up just 2% in April. Silver outperformed gold, being up 5% on the month. • Copper held its big gains from early in the month, up 13% to $4.6/lb. However, copper equities lagged, being up only 8%. • We continue to see substantial M&A activity in the sector and have consolidated some transactions as of late in Figure 1. We view M&A as a...
Wesdome Provides Senior Management Update
Wesdome Provides Senior Management Update TORONTO, April 22, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces the resignation of Michael Michaud, Senior Vice President, Exploration and Resources. Mr. Michaud will be stepping down effective July 11, 2024, to pursue another opportunity within the precious metals sector. “I would like to thank Mike for his dedication and significant contributions to the Company over the last six and a half years. He has played a pivotal role in the delineation and expansion of the Kiena D...
Wesdome Announces First Quarter 2024 Production Results; Provides Timi...
Wesdome Announces First Quarter 2024 Production Results; Provides Timing of First Quarter Financial Results TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces first quarter 2024 (“Q1 2024”) production results. The Company is also providing notice that it will release first quarter 2024 financial results after market close on Wednesday, May 8, 2024. All figures are expressed in Canadian dollars unless otherwise indicated. Q1 2024 Production Performance Q1 2024Q1 2023Ore milled Eagle River(tonnes)51...
Wesdome Provides Kiena Exploration Update; Drilling Continues to Grow ...
Wesdome Provides Kiena Exploration Update; Drilling Continues to Grow Kiena Deep and Intercept High Grades Near Mine Infrastructure TORONTO, April 08, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today provides an update regarding its underground exploration activities at the Company’s 100% owned Kiena Mine in Val d'Or, Quebec. Highlights Include:Kiena Deep - Footwall Zone (Figure 1, Table 1)1 The latest drilling results have continued to better define the Footwall Zone: Hole N127-6913: 55.6 g/t Au over 3.5 m core length (25....
Wesdome Announces Fourth Quarter and Full Year 2023 Financial Results;...
Wesdome Announces Fourth Quarter and Full Year 2023 Financial Results; Provides Annual Mineral Reserve and Resource Update TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces its results for the fourth quarter (“Q4 2023”) and year ended December 31, 2023. The Company is also providing its updated Mineral Reserve and Resource statements. Preliminary operating results for the fourth quarter and year ended 2023 as well as multi-year production and operating guidance were disclosed on January 15, 2024. Management will hos...
Wesdome Appoints Fernando Ragone as Chief Financial Officer
Wesdome Appoints Fernando Ragone as Chief Financial Officer TORONTO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) announces today the appointment of Mr. Fernando Ragone as Senior Vice President, Chief Financial Officer effective March 11, 2024. Jonathan Singh, Interim Chief Financial Officer will continue in his role until Mr. Ragone commences employment with the Company. Fernando is a qualified chartered accountant with almost three decades of global experience in the mining industry. Most recently, Mr. Ragone was the C...
Wesdome Continues to Grow Recently Discovered High Grade Falcon 311 Zo...
Wesdome Continues to Grow Recently Discovered High Grade Falcon 311 Zone at Eagle River TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announced additional drill results from the recently discovered Falcon 311 Zone hosted in volcanics west of the mine diorite at the Company’s wholly-owned Eagle River Mine (“Eagle River”) near Wawa, Ontario. Confirmation of continuity of the Falcon 311 Zone mineralization across mineable widths: Hole 857-E-24: 269.6 g/t Au over 2.3 m core length (26.7 g/t Au capped,1.5 m true...
- MarketLine Department
B2Gold Corp. - Mergers & Acquisitions (M&A), Partnerships & Alliances
Summary Marketline's B2Gold Corp. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by B2Gold Corp. - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports o...
Wesdome Announces Fourth Quarter and Full Year 2023 Production Results...
Wesdome Announces Fourth Quarter and Full Year 2023 Production Results; Provides Multi-Year Guidance and Management Update TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces fourth quarter (“Q4”) and full year 2023 production results. The Company is also providing multi-year production and operating guidance, as well as a management update. All figures are in Canadian dollars unless otherwise stated. Q4 and 2023 Production Performance Q4 2023Q4 2022FY 2023FY 2022Ore milled Eagle River(tonnes)54,...
Wesdome Drilling Continues to Return High Grades Over Mineable Widths ...
Wesdome Drilling Continues to Return High Grades Over Mineable Widths From Recently Discovered Zones Both West and East of the Mine Diorite at the Eagle River Mine TORONTO, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces additional drill results from the recently discovered zone hosted in volcanics west of the mine diorite and additionally from mineralization identified along the eastern margin of the mine diorite at the Company’s wholly-owned Eagle River Mine (“Eagle River”) in Wawa, Ontario. Ms. Anthea Bath...
Wesdome Early Warning News Release
Wesdome Early Warning News Release TORONTO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO, OTCQX: WDOFF) (“Wesdome” or the “Company”) today announces that it has disposed of 31,822,249 common shares of Goldshore Resources Inc. (TSXV: GSHR) (“Goldshore”), for gross proceeds of $3,182,225 through the facilities of the TSX Venture Exchange. Previously to the closing of the Transaction, the Company held, directly or indirectly, 38,418,333 common shares of Goldshore representing approximately 15.5% of Goldshore’ issued and outstanding common shares. Following the sale a...
Glencore: 1 director
A director at Glencore bought 11,000 shares at 446p and the significance rating of the trade was 52/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing C...
Wesdome Announces Third Quarter 2023 Financial Results
Wesdome Announces Third Quarter 2023 Financial Results TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces third quarter (“Q3 2023”) financial results. Management will host a conference call tomorrow, Thursday November 9, 2023, at 10:00 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. Third Quarter 2023 Highlights Payable gold production in the third quarter was 27,760 ounces at cash costs per ounce1 of $1,755 (US$1,308) and all-in sustaining co...
Wesdome Drilling Returns High Grades in Volcanic Rocks Along Western E...
Wesdome Drilling Returns High Grades in Volcanic Rocks Along Western Extension of Mineralization at the Eagle River Mine TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces results from the ongoing surface and underground exploration drilling program at the Company’s wholly-owned Eagle River Mine (“Eagle River”) in Wawa, Ontario. Initial surface drilling to the west of the mine diorite has returned high grades within 200 metres from surface, while the first underground hole 750 metres down plunge has also intersected s...
Wesdome Announces Third Quarter Production Results; Provides Conferenc...
Wesdome Announces Third Quarter Production Results; Provides Conference Call Details TORONTO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces third quarter (“Q3”) results. Q3 2023 Operating Performance Q3 2023Q3 2022YTD 2023YTD 2022 Ore milled (tonnes) Eagle River55,15352,247167,959165,428Mishi-3,5956,15023,153Kiena47,35116,112141,49963,752Total Ore Milled102,50571,954315,608252,333 Head grade (grams per tonne, “g/t”) Eagle River11.9 10.712.1 10.6Mishi- 2.82.3 3.2Kiena4.9 10.25.2 9.5 Gold production (ou...
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