TMAC turns a profit at Hope Bay gold mine

North of 60 Mining News – May 3, 2019


Last updated 9/25/2020 at 2:56pm

Nunavut Northwest Territories gold mining Canada

TMAC Resources Inc.

With higher grade ore and improved recoveries the Doris Mine at Hope Bay produced 40,050 ounces of gold during the first three months of 2019.

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 Nunavut.

The 40,050 ounces of gold produced at Doris during the first quarter of this year is nearly an 18 percent increase over the previous production record of 34,080 oz set during the final three months of 2018....

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