Tag Archives: Wesdome Gold

Mining Review 24th December 2023

Posted on by

Mining Review 24th December 2023

Two major announcements by companies on our watchlist list up a normally quiet final week before Christmas.

Galiano Gold acquired the other 45% of the Asanko mine in Ghana from their JV partner, and Calidus Resources announced a stunning deal to acquire the Nullagine mine and immediately lease out 80% of the camp for 10 years bringing in much needed cash to the company. Continue reading →

Mining Review 18th September 2022

Posted on by

Mining Review 18th September 2022

The story of the week is the price of gold being beaten down by 2.45% to $1,674, due to an anticipated one percentage point rate hike in the USA in September.

Companies making news this week were  American Creek Resources, Karora Resources, Neometals, and Silver Tiger Metals. Continue reading →

Mining Review Sunday Update 4th September 2022

Posted on by

Mining Review 4th September 2022

Another poor week for gold and all metals as the US dollar again rises on interest rate hike anticipation. The price of gold in British pounds is up 3% in a month, due to the weakness of the pound. Uranium, up 8% in a week was the sole positive.

Cornish Metals and Kootenay Silver reported good drill results in an otherwise quiet week.  Continue reading →

Wesdome Gold Expands Folded Kiena Deep A Zone

Posted on by

Wesdome Gold Mines Ltd. (TSX: WDO)

Announced underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec.

Highlights of the recent drilling was hole 6796W6: 92.1 g/t Au over 50.7 m core length (23.3 g/t Au capped, 5.5 m true width) A1 Zone.

Continue reading →

Mining Review Sunday Update 24th April 2022

Posted on by

Mining Review Sunday Update 24th April 2022

Gold dropped 2% and led down the gold juniors, rolling back some of their gains over the last few weeks.

Companies commented on include; Cabral Gold, Newcore Gold, O3 Mining, Silver Tiger Metals, Uranium Energy Corp., and Wesdome Gold.   […]  Continue reading →

Wesdome Gold Grows Kiena Deep High Grade Zone

Posted on by

Wesdome Gold Mines (TSX: WDO)

Announced underground exploration drilling results from the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d’Or, Quebec.

The highlight was drill hole 6796W3: 74.6 g/t Au over 30 m core length (24.8 g/t Au capped, 5.0 m true width) A1 Zone.   […]  Continue reading →

Wesdome Gold Q4 2021 and Full Year Results

Posted on by

Wesdome Gold Mines Ltd. (TSX: WDO)

Announced Q4 and full year 2021 production results and 2022 guidance.

Production from the Eagle River Complex in Q4 2021 produced 24,630 ounces of gold, putting full year 2021 production at 265,267 tonnes at an average grade of 12.2 gpt to produce 101,403 ounces, near the high end of 2021 production guidance of 92,000 – 105,000 ounces.   […] Continue reading →

Mining Review Sunday Update 19th September

Posted on by

Mining Review Sunday Update 19th September

The story of the week again, sadly, was the falling gold price, into the mid 1700’s, due to better than expected US retail figures, and a strengthening US dollar.

Iron ore is another casualty, but for a different reason.  Coking coal is roofing it as supply is tight, bring companies like Colonial Coal into investor focus. Continue reading →

Orla Mining and Wesdome Gold in TSX30 top 10

Posted on by

Orla Mining (TSX: OLA) and Wesdome Golf (TSX: WDO)

Both companies have been included in the TSX30 top 10 list of companies over the past three years. The 2021 TSX30 listed the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance.

Orla came 8th, and Wesdome 10th, with gains of 313% and 283% respectively. Both companies feature in the current top 9 selections on our watchlist. Continue reading →