WAWA — Wesdome Gold Mines posted a record-setting second quarter and its Eagle River mine, outside Wawa, has been a major catalyst.

On Aug. 13, the Toronto gold company posted a record quarterly profit of $82.7 million and generated $53 million in free cash flow during the quarter, surpassing its figure for all of 2024.

Of the company’s total gold production of 42,781 ounces during the quarter, Eagle River produced 25,612 ounces of gold, up 33 per cent from the same time last year.

Through the first half of this year, Eagle River produced 54,611 ounces, up 24 per cent from the first half of 2024.

Eagle River’s gold revenue increased by 119 per cent to $122.6 million during the quarter and 78 per cent during the first half of 2025 due to the higher average price of gold.

Eagle River is

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