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(32) stories found containing 'tmac resources'

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 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 7/19/2019 Full story

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 5/10/2019


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 3/8/2019 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 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

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 6/29/2018


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 1/26/2018

 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 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


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'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


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


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


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


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

 By Shane Lasley    News

Mining Explorers 2016: Working ahead of the curve

Nunavut seems to be ahead of the curve when it comes to recovering from the global downturn in mineral exploration spending. An estimated C$202.5 million was invested in unlocking this... — Updated 2/3/2018 Full story

 By Shane Lasley    News

Mining Explorers 2016: Approaching golden destination

TMAC Resources Inc. is closing in on the final destination on the “path to production” at its Hope Bay gold project in northwestern Nunavut. "We remain on track and on budget with... — Updated 2/3/2018


TMAC cuts more, deeper high-grade gold at Doris

TMAC Resources Inc. Sept. 14 said drilling below the diabase dyke at the Doris gold mine located on the company's Hope Bay property in Nunavut continues to intercept very high-grade gold... — Updated 9/25/2016


Two Hope Bay milestones reached

TMAC Resources Inc. Aug. 29 reported the safe delivery of the processing plant to its Hope Bay gold mine project in Nunavut. "We remain on track to advance the Hope Bay Project towards... — Updated 9/4/2016


TMAC raises C$60 million to advance Hope Bay gold project

TMAC Resources Inc. and Resource Capital Fund VI L.P. July 19 reported the closing of an C$80 million financing that involved issuing 3,975,000 TMAC shares and 1,325,000 Resource Capital... — Updated 7/24/2016 Full story


Nunavut board OKs Hope Bay expansion

TMAC Resources Inc. June 15 reported that the Nunavut Impact Review Board has recommended to the Minister of Indigenous and Northern Affairs Canada to approve a permit amendment to... — Updated 6/26/2016


Deeper high-grade gold drilled at Hope Bay

TMAC Resources Inc. June 8 posted results from high-grade gold intersected below the dyke at the Doris deposit during the company's ongoing underground drill program at its Hope Bay... — Updated 6/12/2016 Full story


TMAC forms C$325 million tactical plan aimed at increased gold for coming Hope Bay Mine

TMAC Resources Inc. Jan. 14 plans to invest C$325 million on a tactical plan budget that aims to have its Hope Bay gold project in Nunavut ready to ramp to an operation that averages... — Updated 1/24/2016


Hope Bay on-track for late 2016 production

TMAC Resources Inc. Nov. 5 provided an update on progress in developing a mine at the Hope Bay gold project in Nunavut. The building and offsite testing of the processing plant is 22... — Updated 11/15/2015 Full story

 By Shane Lasley    News

Mining Explorers 2015: Mining spurs growth in Nunavut

Thanks largely to its burgeoning mining sector, Nunavut is leading the Canadian territories in economic growth. With the start-up of the Mary River iron mine late in 2014, Nunavut now... — Updated 11/1/2015


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