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Maritime Resources Corp.: Maritime Resources Announces Hammerdown Gold Project Release from Environmental Assessment
Toronto, Ontario (Newsfile Corp. - May 10, 2021) -
Maritime Resources Corp. (TSXV: MAE) ( Maritime or the Company ) is pleased to announce that the Newfoundland and Labrador Environmental Assessment Division has released the Hammerdown Gold Project ( Hammerdown or the Project ) from Environmental Assessment. Hammerdown is located in the Baie Verte mining district near the towns of King s Point and Springdale.
The proposed Project consists of the construction, operation, decommissioning and remediation of an open pit and underground gold mine, an on-site crushing and sorting plant and associated infrastructure located on the footprint of a brownfield mine site. Final mineral processing to gold dore would occur offsite at the Nugget Pond gold circuit, approximately 140 km by highway from the Hammerdown project site. Maritime recently announced the purchase of th
H C Slingsby a tad lower after listing expected post-pandemic issues
A look at Friday s major share movers on the London Stock Exchange
H C Slingsby PLC (LON:SLNG) shed 4% to 225p after expressing caution on this year’s outlook as the market remains competitive.
Whilst the manufacturer s sales grew in 2020 due to demand for Coronavirus-related products, it noted that this will not necessarily continue to be the case, with many orders not repeating.
It has also incurred in significant cost increases for steel, plastic and timber products as well as for shipping, alongside delays in receiving goods, which are expected to remain for the rest of the year and hit margins.
7 May 2021 | 09:15am
StockMarketWire.com - Rambler Metals and Mining a copper and gold producer, explorer, and developer has reported a small increase in revenues to $7.06m (£5.07m) for the three months ended March 31, 2021, up slightly on 2020’s Q1 result of $6.58m (£4.73m)
Debt repayments of $1.29m (£0.93m) were made, but net debt remained, totalling $3.46m (£2.49m) at the end of the quarter. During Q1 2021, the Nugget Pond copper and gold milling facility processed 57,357 dmt at a feed grade of 1.64% copper and 0.55 grams per tonne of gold. Recovery of metal to concentrate was 96.6% and 66.0% for copper and gold respectively.
Delays to the production ramp-up have had and are expected to have a negative impact on the company s cash position in the short term. To ensure the company has adequate funds available for both development and working capital through this production ramp-up period, the firm is to investigate financing options.
Today s Market View - Bacanora Lithium, Lucara Diamonds, Pasofino Gold and more.
Bacanora Lithium (LON:BCN) – Potential offer from Ganfeng
Lucara Diamonds (CVE:LUC) – Reports healthiest diamond market for 5 years
Pasofino Gold (CVE:VEIN) – C$9m equity raise
Power Metal Resources (LON:POW) – New corporate presentation
SP Angel . Morning View . Friday 07 05 21
Copper prices make new high
Good Chinese PMI data point to strengthening growth momentum
MiFID II exempt information – see disclaimer below - FCA looks to scrap MiFID research rules on small-caps in UK competitiveness drive (Investment Week)
Lucara Diamonds (CVE:LUC) – Reports healthiest diamond market for 5 years
Pasofino Gold (CVE:VEIN) – C$9m equity raise