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Earnings

Wesdome Gold Mines produces 50,465 oz Au in Q3

By The Northwire Desk — AI Analysis Oct 21, 2025 · 23:00 WDO · 21.54 Wesdome Gold Mines Ltd.
WDO · Price

Executive Summary

  • Wesdome reported record Q3 2025 consolidated gold production of >50,000 oz, driven by Eagle River’s historic throughput and output.
  • Cash balance reached $266 million with total liquidity exceeding $600 million, supporting organic growth initiatives and a planned normal‑course issuer bid (NCIB).
  • Financial results will be released after market close on 2025‑11‑04, followed by a conference call/webcast on 2025‑11‑05.

Key Details

  • Production: Consolidated Q3 2025 gold production >50,000 oz (record high); Eagle River set new mill‑throughput and gold‑production records.
  • Kiena Mine: Experienced >2‑week feed interruption in July due to an extended hoist shutdown; performance impacted through Aug‑Sept but expected strong Q4 from Kiena Deep and Presqu’ile ore.
  • Guidance: Full‑year production guidance remains on track, albeit toward the lower end of the range; 2025 Kiena guidance to be updated with November financial release.
  • Financial Position: Cash $266 M; total liquidity >$600 M as of Sept 30 2025.
  • Capital Return: Filed notice of intention for a normal‑course issuer bid (NCIB) on the Toronto Stock Exchange.
  • ESG Reporting: Sixth annual ESG report filed on SEDAR+ (covers 2024 reporting period).
  • Upcoming Disclosure: Financial statements and MD&A to be posted on company website and SEDAR+ on the evening of 2025‑11‑04.
  • Conference Call/Webcast:
  • Date & Time: Wednesday, 2025‑11‑05 at 10 a.m. ET
  • Dial‑in: 1‑646‑968‑2525 or 1‑888‑596‑4144 (toll‑free), passcode 8215935
  • Webcast registration required; link available on company homepage.

Notable Quotes

  • Anthea Bath, President & CEO: “This quarter's consolidated production of more than 50,000 ounces set a new high watermark for Wesdome driven by record production from Eagle River… With record gold prices and strong production driving substantial free cash flow, our financial position continues to grow and strengthen.”
Read the original news release →

More from Wesdome Gold Mines Ltd.

Aug 13, 2026 · 18:17

Wesdome’s Kiena mine inflection point arrives as first-half average implemented costs exceed full-year targets, requiring second-half efficiency gains.

Earnings Aug 06, 2026 · 20:01

Wesdome validates an eight-year mine life targeting 230,000 ounces of gold production by 2028.

Resource Estimate Jul 13, 2026 · 17:06

Wesdome’s Kiena output rose 28% year-over-year, offsetting an Eagle River grade decline as Presqu’île stope production approaches and full-year guidance remains intact.

Production / Operations Jun 24, 2026 · 23:31

Wesdome launches its maiden dividend, supported by an eight-year reserve mine life and a one billion dollar free cash flow target.

Other Jun 24, 2026 · 23:31

Wesdome Extends Reserve Life to 8 Years at Both Mines, Establishes Robust Free Cash Flow Profile, and Outlines Significant Organic Growth Pipeline

Production / Operations Jun 22, 2026 · 17:07

Wesdome’s June drilling validates its 270km exploration pipeline, while a delayed NI 43-101 report tempers near-term catalysts.

Drill Results