03:42 PM EST - Wesdome Gold Mines Ltd : reported its financial and operating results from its Canadian operations for the year ended December 31, 2012. In 2012, revenue exceeded mining and processing costs by $15.8 million, $11.2 million in capital costs were incurred and $4.1 million of debt was retired. Cash flow from operations totaled $12.1 million and the net loss was $45.3 million. The net loss is entirely attributable to non-cash impairment charges - a $60.9 million write-down to the carrying value of the Kiena Mine Complex - and another non-cash writedown of $1.0 million for an exploration property option which was allowed to lapse in Q2 of 2012. Without these one-time events, pre-tax earnings would be $2.1 million. Wesdome Gold Mines Ltd
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