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(42) stories found containing 'tmac resources'

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Mining Explorers 2020 Nunavut Agnico Eagle Mines Blue River Gold North Arrow

Few seek new mineral deposits

Already headed toward the lowest level of annual mineral exploration spending in nearly two decades, the mining industry in Nunavut got broadsided by the coronavirus pandemic in 2020.... — Updated 1/18/2021 Full story

 
Mining Explorers 2020 Nunavut Agnico Eagle Mines Sean Boyd Amaruq Meliadine

Pandemic interrupts Agnico Nunavut plans

Agnico Eagle Mines Ltd. viewed the start of gold production from its Amaruq and Meliadine mines in Nunavut during 2019 as an inflection point that marked a new era for the company's... — Updated 1/18/2021 Full story

 
 By Shane Lasley    News
TMAC Resources Inc. Shandong Gold Mining Co. Ltd. Agnico Eagle Mines Ltd.

Agnico Eagle cuts deal to acquire TMAC

In what could be the best outcome of Ottawa blocking Shandong Gold Mining's bid to acquire TMAC Resources Inc., Agnico Eagle Mines Ltd. has agreed to buy out its fellow Nunavut gold... — Updated 1/14/2021

 
 By Shane Lasley    News
Jason Neal TMAC Resources Inc SD Gold Mining Hope Bay Mine Richard Fadden

TMAC weighs Hope Bay gold mine options

In a move that prevents a Chinese state-owned company from grabbing a foothold along the Northwest Passage in Canada's Arctic, officials in Ottawa have blocked Shandong Gold Mining Co.... — Updated 1/7/2021

 
Canada National security review of Shandong Gold Mining TMAC

Ottawa reviews TMAC sale to China miner

TMAC Resources Inc. Oct. 15 announced that Ottawa has ordered a national security review of Shandong Gold Mining Co. Ltd.'s acquisition of TMAC and its Hope Bay gold mine in the... — Updated 10/15/2020

 
 By Rose Ragsdale    News
TMAC Resource SD Gold Hope Bay Mine Nunavut Canada

China, U.S. investors take the long view

Until novel coronavirus ignited a global pandemic that plunged the world economy into recession, foreign investors, except for a lucky few, have salivated from afar over the bountiful... — Updated 9/26/2020

 
 By Shane Lasley    News
TMAC Resource Shandong SD Gold Mining Hope Bay gold mine Nunavut Canada

China's SD Gold cuts deal to buy Hope Bay

The Hope Bay gold mine will come under Chinese ownership with the finalization of a deal that would see Shandong Gold Mining Co. Ltd. buy full ownership of TMAC Resources Inc., the... — Updated 9/26/2020

 
 By Shane Lasley    News
The Conference Board of Canada Territorial Outlook Economic Forecast

Mines drive growth across Canada's North

Thanks to the start-up of new mines, The Conference Board of Canada forecasts the economies of Canada's territories to grow significantly over the next two years. In Territorial Outlook... — Updated 9/25/2020

 
Nunavut Northwest Territories gold mining Canada

TMAC turns a profit at Hope Bay gold mine

TMAC Resources Inc. May 1 announced continued improvements at its Doris Mine, resulting in the first positive earnings for this gold operation on the company's Hope Bay property in Nunavu... — Updated 9/25/2020

 

Hope Bay improvements continue into 2019

TMAC Resources Inc. Feb. 21 announced that its Doris Mine on its Hope Bay property in Nunavut achieved record gold production of 34,080 ounces during the fourth quarter. Building on the... — Updated 9/25/2020

 
Doris gold mine at Hope Bay Nunavut mill upgrades improved recoveries

Upgrades boost Hope Bay gold recoveries

TMAC Resources Inc. June 14 reported that the addition of a Falcon gravity concentrator to the recovery circuit processing ore from the Doris Mine at the company's Hope Bay project has... — Updated 9/25/2020

 

Mill upgrades boost Hope Bay gold output

TMAC Resources Inc. Jan. 15 reported the sale of 17,350 ounces of gold for US$1,275 per ounce, for US$22.1 million, from its Hope Bay Mine in Nunavut during the fourth quarter. For the... — Updated 9/24/2020

 

Nunavut takes stock in 20th year

Twenty years ago, Canada created the territory of Nunavut, carving out the easternmost part of the Northwest Territories to form the country's northernmost jurisdiction. A vast land of... — Updated 8/14/2020 Full story

 

Are mega-gold-mergers good for North?

The two mega-mergers that hit the gold mining sector early in 2019 – Barrick Gold Corp. combining with Randgold Resources Ltd. and Newmont Mining Corp. acquiring Goldcorp Inc. – is... — Updated 8/14/2020 Full story

 

Explorer executes vision at Hope Bay

More than halfway through its third year as a gold producer at the Hope Bay Property in Nunavut, TMAC Resources Inc. is also emerging as a top mineral explorer in Canada's northernmost... — Updated 8/14/2020 Full story

 
Mining Explorers 2018 Nunavut mining and mineral exploration

Territory hits exploration slump

Canada is the world's top destination for mining exploration spending, attracting more than 14 percent of global budgeted expenditures from explorers seeking to tap the country's vast min... — Updated 3/1/2019 Full story

 
TMAC Resources Doris Gold Mine Hope Bay Nunavut

ME2018: TMAC Resources Inc.

Since reaching commercial production at the Doris Bay Mine in 2017, TMAC Resources Inc. has been working toward achieving the gold recoveries, ore throughput and gold output envisioned... — Updated 11/23/2018 Full story

 

Mining Explorers 2016: A land of opportunities

Endowed with some of the largest undeveloped mineral belts in the world, investment in public geoscience has shown the potential of Nunavut. The 2 million square kilometers (772,000... — Updated 2/3/2018 Full story

 

TMAC nears first gold

TMAC Resources Inc. Jan. 11 said it anticipates producing between 130,000 and 140,000 ounces of gold during the first year of production at its Hope Bay Mine in the Kitikmeot region of Nunavut. The company said commissioning of the... — Updated 1/24/2018

 
 By Shane Lasley    News

Mining Explorers 2017: Nunavut ready for new mining era

Nunavut is a vast and minerals-rich swath of the Earth's crust and Nunavummiut, or the people who live there, see mining as the foundation of the territory's future. "The mining industry... — Updated 1/24/2018 Full story

 

TMAC's Hope Bay mine achieves key milestone

TMAC Resources Inc. May 23 announced that commercial production has been achieved at its Doris gold mine and mill at the company's Hope Bay property in Nunavut. The company said the processing plant at Hope Bay has been operating at... — Updated 1/15/2018

 

Poor recoveries slow Hope Bay Mine start

TMAC Resources Inc. July 14 reported that ramp up to full operation at its Hope Bay gold mine in Nunavut is slower than expected, resulting in less cash-flow than the company had... — Updated 1/14/2018

 

TMAC makes headway; hires experienced COO

TMAC Resources Inc. Aug. 14 said its first drill program at the Boston deposit, located in the southern portion of its Hope Bay project in Nunavut, has cut high-grade gold mineralization over wide widths. "Since acquiring the Hope Bay Pr... — Updated 1/14/2018

 

First Hope Bay gold

TMAC Resources Inc. Feb. 10 said it has completed the first gold pour at its Hope Bay project, marking an important milestone for the company's new mine in Nunavut. Commercial production... — Updated 2/19/2017

 

Hope Bay gold mine on track for early '17 start

TMAC Resources Inc. Nov. 3 said its Hope Bay gold mine in Nunavut remains on schedule to begin production early in 2017. "We remain on track and essentially on budget with our progress... — Updated 11/13/2016 Full story

 

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