West Red Lake achieves commercial production at Madsen gold mine
Yahoo Finance·2026-01-12 22:14

West Red Lake Gold has achieved commercial production at its wholly owned Madsen gold mine in the Red Lake mining district of north-western Ontario, Canada. The milestone was reached on 1 January 2026, with the mill reaching an average throughput of 689 tonnes per day (tpd) in December 2025. This throughput equates to 86% of the permitted capacity of 800tpd and fulfils the company's requirement for commercial production, which is defined as maintaining at least 65% of permitted capacity over a 30-day per ...