Western Qu补c Mines Inc

Wesdome, WQM ponder merger

Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…



Insider Trading (May 02, 2005)

The Ontario Securities Commission reported the following insider trading transactions in recent issues of the OSC Bulletin:…


From left to right: Pierre Jeansomme, geological technician and Michel Lafleur, mine captain, underground in the machine shop at Wesdome's Kiena mine.

Wesdome Gold Mines – hitting gold underground

Lac de Montigny, Que. — Wesdome Gold Mines (WDG-V) has renewed exploration and development, and intersected significant gold at the past-producing Kiena mine, on an island 10 km west of Val d’Or.


The ball mill at the Eagle River gold mine near Wawa, Ont.

River Gold eyes higher gold price in Canadian dollars

On the surface, River Gold Mines (RIV-T) is an unappealing story. Despite a robust gold price, the domestic producer lost nearly $1 million in 2003, the victim of a higher Canadian dollar and increasing costs. “Unforeseen challe…


McWatters pushed into administration

Gold miner McWatters Mining (MWA-T) has agreed to the appointment of a receiver under the Bankruptcy and Insolvency Act and plans to make a repayment proposal to its creditors.One of McWatters’ secure…



McWatters limps to another quarterly loss

Troubled Quebec miner McWatters Mining (MWA-T) limped to a net loss of $5.9 million for the three months ended Sept. 30.The loss translates into a penny per share, and compares with a year-earlier los…


McWatters sells Kiena gold operation

Looking for cash to help in its bid to revitalize the struggling Sigma-Lamaque open-pit gold mine, McWatters Mining (MWA-T) has agreed to sell its nearby Kiena mine complex on Parker Island, west of V…


Mixed results at Shawkey

Winter drilling at the Shawkey gold project near Val d’Or, Que., has returned lacklustre results for Western Quebec Mines (WQM-T).The junior sank 10 holes to follow up on erratic values obtained in th…


Prudent Bear Funds beefs up Western Silver holdings

Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 258,000 shares at 47-53 apiece to…


Alamos exec stocks up

Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 109,500 shares at 44-50 apiece to…


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