(51) stories found containing 'TMAC Resources'
Sorted by date Results 26 - 50 of 51
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 full year,... — Updated 9/24/2020
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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 our progress to... — Updated 2/3/2018
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 Canadian... — Updated 2/3/2018
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 square miles)... — Updated 2/3/2018
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 processing... — Updated 1/24/2018
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 brings... — Updated 1/24/2018
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 greater than... — 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 budgeted. "Our... — 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 Project in 20... — 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 for the... — 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 to advance... — Updated 11/13/2016
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 over minabl... — 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 commercial... — 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 shares at... — Updated 7/24/2016
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 expand Doris... — 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 property in... — Updated 6/12/2016
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 1,000 metric... — 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 percent... — Updated 11/15/2015
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 has two... — Updated 11/1/2015
Mining Explorers 2015: TMAC Resources Inc.
TMR: TSX Executive Chairman: Terry MacGibbon Chief Executive Officer: Catharine Farrow VP, Exploration and Geoscience: Dave King TMAC Resources Inc. has its sights on bringing its Hope Bay gold project in northwestern Nunavut into production by... — Updated 11/1/2015
Mining Explorers 2014: Big projects dominate field season
Mineral exploration activity is holding its own in Nunavut this year, despite a tough funding environment and stiff competition from other attractive mining jurisdictions around the world. Although the Far North territory has only one operating... — Updated 11/2/2014
Mining Explorers 2014: TMAC Resources Inc.
Executive Chairman: Terry MacGibbon Chief Executive Officer: Catharine Farrow Vice President, Exploration and Geoscience: Dave King TMAC Resources Inc. is a privately held, Canadian-based mineral exploration focused solely on the exploration,... — Updated 11/2/2014
Big projects advance in Kitikmeot region
All exploration in the Kitikmeot region of Nunavut in 2013 was carried out in search of gold and base metals. Mid-tier and major companies conducted most of the work, with mineral exploration and deposit appraisal expenditures totaling an estimated... — Updated 5/25/2014
Mining Explorers 2013: Nunavut exploration taps vast resources
Nunavut's exploration and mining opportunities consistently have attracted the attention of the major global producers. Natural Resources Canada determined that C$422 million was spent on exploring for minerals in Nunavut in 2012, and estimates... — Updated 11/3/2013
Mining Explorers 2013: Mining activity remains strong in 2013
There is a reason why Nunavut has one of the fastest-growing economies in Canada: mining. With one operating gold mine at Meadowbank, two huge projects on the verge of startup at Hope Bay and Mary River, five projects advancing through the... — Updated 11/3/2013
