Wesdome Gold Mines Ltd.'s Profile
Wesdome Gold Mines Ltd. Toronto. TSX : WDO, The Wesdome mining group has been producing gold since 1987.
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.
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.
Over the last two years, the group consolidated its assets under a single corporate umbrella – WESDOME GOLD MINES LTD. In 2006, the Company produced 52,969 ounces of gold and enjoyed a very successful exploration campaign that grew reserves.
In 2007, the Company produced 72,085 ounces and invested to develop reserves and further increase production in 2008. This year we are well on track to produce in excess of 80,000 ounces of gold.
Ample potential for further organic growth through exploration and development of its extensive, prospective land holdings bodes well for continued growth.
Wesdome Gold Mines is 100% unhedged and has never hedged. Our strengths are quality gold deposits and an experienced, efficient operating team. Wesdome Gold Mines is a low-overhead, no-nonsense, owner-operated company working for its shareholders. Furthermore, Wesdome Gold Mines has the capacity to build and operate underground gold mines, a rare skill in an era driven by contract mining.
" It is encouraging to see the combined effects of cost control and higher gold prices follow through in the financial performance.
We are fortunate to have an improving balance sheet and no need to tap capital markets during these volatile and uncertain times.
We are discouraged, in light of these improvements, with our recent share price performance.
We feel the markets will recognize our achievements as confidence returns. We also feel that over the longer term conditions are more supportive than ever for higher future gold prices. "
Rowland Uloth, President. November 11, 2008
Management & Directors
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Managemenrt
& DirectorsOfficers
Brian Northgrave
Chairman of the BoardRowland Uloth
President and CEODonald D. Orr, CA
Secretary-TreasurerBenoit Laplante, P.Eng., MScA
Vice President - OperationsGeorge N. Mannard, P.Geo, MScA
Vice President - ExplorationDonovan Pollitt, P.Eng.
Vice President - Corporate DevelopmentBOD
Eldon Bennett 2
Toronto, Ontario
Managing Partner, Aird & Berlis LLP.Eldon Bennett holds a Ph.D. from Duke University and law degree from the University of Toronto. He has taught both political science and law at York University and practices law in the areas of civil litigation and labour relations.
HEMDAT SAWH CA, 1
Mr. Sawh is currently the chief financial officer of Crystallex International Corp., a mining company listed on the Toronto Stock Exchange. Mr. Sawh is a chartered accountant, and holds an MBA degree in accounting from York University, a bachelor of science degree in geology from Concordia University and a graduate diploma in geology from McGill University.
Mr. Sawh replaces Paolo Santin, who has resigned from Wesdome's board of directors and audit committee due to an increase in work-related commitments.Marc Blais, CGA 1
Saint-Lambert, Quebec
President, Inter A WorldMarc is a certified public accountant and has been with Dyancor Mines since 1993. From 1988 to 1993 he worked as senior CGA and as a financial planner and consultant. Earlier on in his career he worked as an accountant in various assignments.
Roger Jolicoeur
Dubuisson, Quebec
President, RWJ Mining ConsultingRoger’s career began in 1965 working in milling operations, leading to plant superintendent of the Kiena mill for Falconbridge. For the last 10 years Roger has been President of RWJ Mining Consulting, consulting on mineral processing as well as building and commissioning plants all over the world.
Brian Northgrave 2
Ottawa, Ontario
Consultant, Trade Facilitation Office of CanadaBrian has been a director Wesdome since 2007, having been a director of Western Quebec Mines since 2004. Brian is a retired former Ambassador to the Eastern Republic of Uruguay for the Canadian government and has held various foreign assignments while employed by the Department of Foreign Affairs from 1966 to his retirement in 2002. Brian holds an M.B.A. from the University of Toronto, a Diploma of Business Administration from the London School of Economics and a B.A. (Economics & Political Science) from the University of Toronto.
Donald D. Orr, CA 3
Toronto, Ontario
Secretary-Treasurer, Wesdome Gold Mines Ltd.Don Orr is a Chartered Accountant with a B.Comm from the University of Toronto. Don has been involved in the mining industry since 1977. He has been the Secretary-Treasurer and a Director of Wesdome Gold Mines since 1994.
Donovan Pollitt, P.Eng. 3
Toronto, Ontario
VP Corporate Development, Wesdome Gold Mines Ltd.Donovan is a Professional Engineer and holds a BASc. in Mining Engineering from the University of Toronto. As VP Corporate Development, Donovan has been working on mergers, financings, investor relations and internal control systems at Wesdome.
A. William (Bill) Stein 1
San Francisco, California, USA
CFO & CIO, Digital Realty TrustSince 2004, Bill has been the Chief Financial and Investment officer of Digital Realty Trust, an NYSE listed real estate investment trust that owns, develops and manages data centers and internet gateways throughout North America and Europe. Bill has more than 30 years of investment, financial and operating management experience in both large company environments and small, rapidly growing companies. Prior to joining Digital Realty, Bill provided turnaround management advice to both public and private companies. Bill received a B.A. degree from Princeton University, a J.D. degree from the University of Pittsburgh and an M.S. degree with distinction from the Graduate School of Industrial Administration at Carnegie Mellon University.
Rolly Uloth 2
Burlington, Ontario
President and CEO, Wesdome Gold Mines Ltd.Rolly is the president of R.W. Uloth Inc., a management consulting firm, with over 35 years management experience in various businesses.
1 Audit committee member
2 Compensation committee member
3 Governance committee memberSenior Staff
Kiena Complex
Paul Arscott, P.Geo
Chief GeologistBernard Belley
Mill SuperintendentDavid Delisle, CMA
Chief AccountantStephane Dubois, Eng.
Chief EngineerMichel Lafleur, Eng.
Mine SuperintentantSylvain Lehoux
Mine ManagerPatrick Marchildon
Human ResourcesDaniel Petitclerc
Maintenance SuperintendentNadia Tanguay
Chief AssayerEagle River Mine
David Boulay
Maintenance SuperintendentAllan MacDonald
Office ManagerDon MacFarlane
Chief AssayerDon Patterson
Underground SuperintendentJohn Plecash
Chief GeologistPaul Robitaille
Mill SuperintendentGilbert Wahl
Safety/Security Director
Broker Fact Sheet
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WDO Broker Fact Sheet
Thu Mar 29, 2019Fact sheet details
Company Links
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Mon Jan 19 2009, 01:12PM
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Mon Jan 19 2009, 01:11PMDenver Gold Forum - Sept 2008
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Mon Jan 19 2009, 01:09PMWESDOME GOLD MINES LTD. INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2008