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NNSL MEDIA

Tag: #gold mine

Posted inBusiness, Nunavut News

Agnico Eagle to purchase TMAC Resources and the Hope Bay project

by Derek NearyJanuary 5, 2021

Nunavut’s largest gold producer has agreed to purchase the territory’s only other active gold mine at a higher price than a previous deal that was quashed by the federal government in December. Agnico Eagle Mines, which has two operating gold mines in the Kivalliq region, has agreed to pay $2.20 per share to acquire TMAC […]

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