Agnico Eagle studying wind power solution for Hope Bay
Mining News Pro - Precious metals miner Agnico Eagle has signed a memorandum of understanding with a consortium to develop a renewable energy plan for its newly acquired Hope Bay mine, in the Kitikmeot region of Nunavut.
-
-
Visit: 462
Canada orders security review of Shandong’s Hope Bay buy
Mining News Pro - The Federal Cabinet of Canada has ordered a national security review of China-based Shandong Gold’s acquisition of TMAC Resources, which owns the Hope Bay property in Nunavut.
-
-
Visit: 601
TMAC releases Hope Bay PFS with new 4,000 t/d plant scenario
Mining News Pro - TMAC Resources has released key results from a prefeasibility study completed for its wholly owned Hope Bay property, which includes an operating mine.
-
-
Visit: 577
Hope Bay gives TMAC better quarter
Mining News Pro - Toronto-based TMAC Resources experienced less red ink in the second quarter of this year than it did in the first. The comprehensive loss for Q2 was $10.3 million, compared to $15.0 million in Q1. Better yet, the Hope Bay gold mine 65 km east of Bathurst Inlet showed a modest profit of $1.0 million instead of a loss, which for Q1 was $2.6 million.
-
-
Visit: 661