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West Red Lake Gold output cuts: labour and pillar challenges for mine planners - Geomechanics.io

Geomechanics.io via Google News Tier 3 2026-10-28 00:01 UTC 📖 1 min brief Bullish
Gold

AI desk brief

West Red Lake Gold cut 2026 Madsen underground guidance to 27,000–32,000 oz from 35,000–45,000 oz after labour shortages and remnant pillar extraction issues limited mining flexibility. Q3 production fell 8.4% to 7,859 oz despite a secondary crusher commissioning, while earlier higher volumes had helped reduce AISC 30% to US$3,284/oz; the shares dropped 12% to C$0.61 on the update.

The setback complicates the ramp-up just months after commercial production, even as management still plans a prefeasibility study to integrate Rowan with Madsen through the existing mill. The article argues the issue is operational resourcing rather than orebody quality, which may support longer-term project value but removes near-term output from the gold supply picture.

Sources used

  1. S1 Geomechanics.io via Google News — West Red Lake Gold output cuts: labour and pillar challenges for mine planners - Geomechanics.io
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