Скачать или смотреть New Found Gold Buys Maritime | Fast-Tracks to Production

#gold #mining #goldprice #stockmarket
New Found Gold is making its move into production by acquiring Maritime Resources, owner of the Hammerdown project in Newfoundland. Hammerdown is fully permitted with milling infrastructure already in place, and production is expected by early 2026 over a year before Queensway’s planned start. The deal gives NFG near-term cash flow, access to processing plants, and a smoother path for its flagship project.

Despite the logic, markets weren’t thrilled both stocks dropped about 5% after the news, likely because Maritime sold out cheap while so close to production. Still, for NFG this is a smart de-risking step that brings real synergies and a quicker road to being a multi-asset gold producer.

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