Wesdome Gold Mines Ltd. is pleased to announce that the Company has executed an amended and restated credit agreement with a syndicate of lenders to upsize and extend the maturity of its current secured revolving credit facility by an additional three years to June 19, 2028. Pursuant to the Agreement, the Credit Facility includes aggregate commitments of US$250 million with an additional accordion of US$50 million for a [...]
Wesdome Gold Mines Ltd. announces today that Fernando Ragone is leaving Wesdome effective immediately and Raj Gill, Senior Vice President, Corporate Development and Investor Relations will be assuming the responsibilities of Chief Financial Officer on an interim basis. An executive search firm has been retained to conduct a search for a permanent CFO. Anthea Bath, President and Chief Executive Officer, stated "On behalf [...]
Wesdome Gold Mines Ltd. today announces the results of its 2025 annual general meeting of shareholders held earlier today. A replay of the Meeting is available on the Company's website. A total of 96,142,077 common shares were represented at the Meeting, representing 63.99% of the total issued and outstanding common shares of the Company. All matters presented for shareholder approval at the Meeting were approved, as [...]
Wesdome Gold Mines Ltd. today announced its financial results for the three months ended March 31, 2025 . Preliminary operating results for Q1 2025 were disclosed in the Company's press release dated April 10, 2025. Management will host a conference call tomorrow, May 14, 2025 at 10:00 a.m. ET to discuss its results. All amounts are expressed in Canadian dollars unless otherwise indicated. Highlights Strong quarterly gold [...]
Wesdome Gold Mines Ltd. today announces its production results for the first quarter ended March 31, 2025 . The Company is also providing notice that it will release its Q1 2025 financial results after markets close on Tuesday, May 13, 2025 and host a conference call and webcast the following morning on May 14, 2025. Q1 2025 Production Performance Q1 2025 Q1 2024 Change Ore milled Eagle River 60,010 51,632 16% Kiena [...]
Wesdome Gold Mines and Angus Gold are pleased to jointly announce that they have entered into a definitive arrangement agreement whereby Wesdome will acquire all of the issued and outstanding common shares of Angus pursuant to a plan of arrangement. Under the terms of the Agreement, each of the issued and outstanding common shares of Angus that Wesdome does not currently own will be exchanged for $0.62 cash plus 0.0096 of [...]
Wesdome Gold Mines Ltd. today announced its results for the three and twelve months ended December 31, 2024 . Preliminary operating results for Q4 2024 and FY 2024 were disclosed in the Company's press release dated January 14, 2025. Management will host a conference call tomorrow, March 20, 2025 at 10:00 a.m. ET to discuss its results. All amounts are expressed in Canadian dollars unless otherwise indicated. Q4 & FY 2024 [...]
Wesdome Gold Mines Ltd. is pleased to announce that Mr. Edward C. Dowling, Jr. has agreed to stand for election to the Company's board of directors at the next annual general meeting, currently scheduled for the spring of 2025. It is anticipated that after Mr. Dowling's election, he will be appointed as the Chair of the Board. "With more than 30 years of experience in the mining industry, Ed Dowling has established [...]
Highlights Record annual gold production of 172,034 ounces, representing an increase of 39% from 2023 2025 consolidated gold production expected to be between 190,000 and 210,000 ounces at an all-in sustaining cost of US$1,325 - $1,475 per ounce Capital investments in 2025 to lay foundation for the fill-the-mill strategy and long-term growth Anticipated consolidated 2026 production guidance of 195,000 to 220,000 ounces [...]
Wesdome Gold Mines Ltd. today provides an update on the underground and surface exploration programs at its 100%-owned Kiena Mine in Val-d'Or, Québec. Ms. Anthea Bath, President and Chief Executive Officer, stated: "This year's exploration budget for Kiena of over $20 million covered surface and underground expansion, infill and delineation drilling totaling more than 70,000 metres. This robust program has yielded [...]
In a release issued under the same headline earlier today by Wesdome Gold Mines please note that the 2025 Production Guidance table has been updated with new gold production ranges in the Eagle River, Kiena, and Consolidated data columns. The corrected release follows: Wesdome Gold Mines Ltd. today announced its results for the three and nine months ended September 30, 2024 . Preliminary operating results for Q3 2024 and [...]
