Wesdome Gold Mines Ltd
8 King Street East, Suite 811, Toronto, Ontario, Canada | Gold
Wesdome has been mining gold in Canada for 28 years. Its philosophy has been to build up longterm, sustainable operations with modest initial capital costs. This longterm view has enabled the Company to acquire strategic property and infrastructure assets in two politically stable and historically proven mining camps.Having invested to build up our reserves and resources in 2010 – 2011, the Company is now focused on optimizing its assets through development and infrastructure investment. We are currently defensively positioned with very good upside. We have shuttered our high cost production and built large, high grade stockpiles.Having confronted industry-wide labour challenges and rising costs of operations in 2010 – 2012, we see headwinds easing. We believe the resiliency of our geological endowment and the experience of our miners will become evident.
The Wesdome group has continually produced over 1.3 million ounces of gold over the past 28 years. Since 1987 it has put five gold mines into production and assembled strategic property and mining infrastructure in Val d’Or, Quebec and Wawa, Ontario. The Company has two mines currently in production: the Eagle River and Mishi mines in Ontario and owns the Kiena Complex in Quebec. Its strategy is one of regional development around existing wholly-owned infrastructure in politically stable, historically proven mining regions. Its vision is to provide investors with exposure to a growing, unhedged gold production profile in a rising gold market.
Company Details | |
---|---|
Company Name | Wesdome Gold Mines Ltd |
Business Category | Gold |
Address | 8 King Street East Suite 811 Toronto Ontario Canada ZIP: M5C 1B5 |
President | NA |
Year Established | 1987 |
Employees | 500 |
Memberships | NA |
Hours of Operation | NA |
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