Maritime Resources pours first gold at Hammerdown
Maritime Resources (TSXV: MAE; US-OTC: MRTMF) has poured first gold at its Hammerdown project in northwest Newfoundland, the first time the mine has produced yellow metal since 2004. Shares gained….
Maritime Resources
New Found Gold buys Maritime for $292M
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is acquiring Maritime Resources (TSXV: MAE) in a deal valued at about $292 million (US$212 million) that would create a multi-asset gold producer…
Maritime halts Hammerdown work on NL wildfires
Maritime Resources (TSXV: MAE) has halted civil construction activities at its Hammerdown gold project in northwest Newfoundland as wildfires continue to blaze in the province. Though there aren’t any active…
Maritime expands Hammerdown gold as output nears
Canadian explorer Maritime Resources (TSX-V: MAE) said drilling at its Hammerdown project in Newfoundland and Labrador identified a new near-surface gold zone with “substantial” grades. The stock jumped. Hole HDGC-25-272…
Asante locks in $635M refinancing, eyes TSXV debut
Asante Gold (CSE: ASE; US-OTC: ASGOF) has secured $470 million (C$635 million) to refinance debt, fund expansion at its Bibiani and Chirano gold mines in Ghana, and prepare for a…
JV video: Maritime eyes near-term gold at Hammerdown
Maritime Resources (TSXV: MAE; US-OTC: MRTMF) plans mining its past-producing Hammerdown mine in Newfoundland in this year’s second half, president and CEO Garett Macdonald says. The Toronto-based company is to…
Maritime finds more shallow gold at Hammerdown
Definition drilling at the former Hammerdown mine in Newfoundland and Labrador has returned high grades within metres of surface, Maritime Resources (TSXV: MAE; US-OTC: MRTMF) reported Monday. Highlights included 41.6…
Maritime’s Hammerdown set for re-start decision
Maritime Resources TSXV: MAE; US-OTC: MRTMF) says it has all major permits to restart the former Hammerdown gold mine in Newfoundland and Labrador. The company has completed clean up at…
New Found Gold explores use of Maritime’s processing facility for early production
New Found Gold (TSXV: NFG; NYSE-A: NFGC) is considering taking its Queensway project in Newfoundland and Labrador into early production using the nearby gold processing facility held by Maritime Resources…
Maritime releases positive results for Hammerdown gold project, with 48% post-tax IRR
Maritime Resources (TSXV: MAE) has released the feasibility study results for its 100% owned Hammerdown gold project located in the Baie Verte mining district of Newfoundland and Labrador. The study…
London-based Tembo Capital raises US$380 million for third mining fund
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on…
Maritime Resources drills 160 grams gold at Hammerdown in Newfoundland
Maritime Resources (TSXV: MAE) is drilling bonanza grades at its Hammerdown gold project in the Baie Verte region of Newfoundland. The project covers both the Hammerdown and Orion gold deposits….