News / Nunavut
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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
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
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
Back River exploration put on back burner
Sabina Gold & Silver Corp. has deferred it planned drill program at the Back River gold project in Nunavut and has established work-from-home protocols for employees at its corporate... — Updated 9/26/2020 Full story
Agnico opens second new Nunavut mine
For the second time in 2019, Agnico Eagle Mines Ltd. announced reaching commercial production at a new Nunavut gold mine – this time at Amaruq, a satellite deposit about 50 kilometers (... — Updated 9/26/2020
Mixed bag for Agnico's Nunavut gold mines
Agnico Eagle Mines Ltd. July 24 reported that the ramp up of production at two new gold mines in Nunavut – Meliadine and Amaruq – is setting the Toronto-based miner up for a strong... — Updated 9/26/2020
Gold operation shines with early startup
With the Meliadine project near Rankin Inlet, Nunavut hitting its target for commercial production in mid-May, senior gold miner Agnico Eagle Mines Ltd. is already reaping the rewards of... — Updated 9/26/2020
Auryn to drill AI targets at Committee Bay
Auryn Resources Inc. is gearing up test intriguing drill targets that artificial intelligence has generated on the Committee Bay gold project in Nunavut. "We are looking forward to... — Updated 9/25/2020
Junior uses AI to hunt for arctic gold
In a move many considered the stuff of science fiction or fantasy just 20 years ago, junior miner Auryn Resources Inc. has used artificial intelligence to help identify gold deposits at... — Updated 9/25/2020
Nunavut mines push record gold for Agnico
When Agnico Eagle Mines Ltd. established a foothold in Nunavut roughly a decade ago, the gold mining company saw the northern Canadian Territory as a politically attractive and stable jur... — Updated 9/25/2020
Explorers aim to resume gold hunt in 2019
With the startup of two new gold mining operations scheduled for the first half of this year and recent regulatory approvals for development of at least three other gold deposits in the... — Updated 9/25/2020
