The former Rambler gold mine on the Baie Verte Peninsula has new owners, but many investors in the original company have lost their money. We heard from one of them

Published: Sept. 13, 2023, 2:40 a.m.

The Supreme Court of Newfoundland and Labrador has approved the sale of the Rambler gold mine on the Baie Verte Peninsula. The mine employed hundreds of people in the region, but its former owner entered bankruptcy protection last spring. Now, Australian junior mining company Auteco Minerals is taking over. Investors say, unfortunately for them, the sale price doesn't cover the losses shareholders sustained when Rambler went under. Martyn Lewis is one of those investors, and he spoke with CBC's Leigh Anne Power.