Wesdome CEO resigns in surprise move after delayed projects
Mining News Pro - Wesdome Gold Mines (TSX: WDO) president and chief executive officer Duncan Middlemiss has resigned after the Kiena mine upgrade in Quebec fell behind schedule and the company missed production goals.
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Wesdome Gold falls after output drop, but analyst sees brighter future
Mining News Pro - Shares in Wesdome Gold Mines shed nearly 11% of their value on Friday after the company reported production was down nearly a quarter from a year ago, while conditions at its Kiena mine in Quebec are challenging.
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Wesdome shares fall after missing analysts’ Q2 forecasts
Mining News Pro - Shares of Wesdome Gold Mines fell to their lowest in a year after the company reported a “weak” performance in its second quarter and said that it would be re-evaluating its 2022 guidance.
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Wesdome drills high grades at Kiena Deep A zone
Mining News Pro - 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 gold.
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Wesdome reports 76% jump in Q1 revenue
Mining News Pro - Wesdome Gold Mines reported on Tuesday a 76% increase in first quarter revenues compared to last year owing to strong production and a favourable gold price during the period.
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Wesdome Q1 gold output up, maintains 2020 guidance
Mining News Pro - Wesdome Gold Mines announced on Thursday its gold production results for the first quarter of 2020, with consolidated output of 25,122 ounces, a 32% increase from 19,010 in the same period in 2019. Sales rose 41% year-on-year to 26,500 ounces from 18,760.
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