Gold production's expected to rise at a local mine, after it hit the lower end of its guidance.
Wesdome Gold Mines says production from its Eagle River Complex hit 20,006 ounces during the fourth quarter of 2020, putting full year production at 90,278 ounces - the low end of its unadjusted 2020 guidance.
Drilling into the figures, the Eagle River mine produced 87,560 ounces over 2020 - down one percent from 2019 - while Mishi's production was down twelve percent - to 2718 ounces - leaving total production down two percent from 2019's.
For 2021, Wesdome's setting its sights higher, with a 92,000 to 105,000 ounce guidance at Eagle River, with a further 15,000 to 25,000 expected from the Kiena complex in Quebec, if there's a positive restart decision.