Canadian Mining Journal


TMAC Resources Inc


  • News

    GOLD: TMAC completes $92M bought deal financing

    July 19, 2016 by Canadian Mining Journal

    TORONTO – TMAC Resources has completed a bought deal financing worth $92 million. The offering included 3.98 million common shares from the company and 1.33 million shares from Resource Capital Fund VI. Each share was priced at $15.10. Gross proceeds

  • News

    GOLD: TMAC cuts high grades below Doris mine reserves

    June 7, 2016 by Canadian Mining Journal

    NUNAVUT – Toronto’s TMAC Resources has drilled high grade gold mineralization at depth below the dyke at the Doris deposit in the northern part of the Hope Bay property. Two holes cut extensions below the dyke, returning 35.0 g/t over

  • News

    GOLD: TMAC pushes Hope Bay toward production this year

    May 16, 2016 by Canadian Mining Journal

    NUNAVUT – Toronto-based TMAC Resources is pushing forward with development of the $325-million Hope Bay gold project 65 km east of Bathurst Inlet. Production is scheduled to begin late this year. “We remain on track and on budget for both

  • News

    GOLD: TMAC signs three-year air transport deal for Hope Bay

    April 18, 2016 by Canadian Mining Journal

    NUNAVUT – TMAC Resources of Toronto has signed a three-year transportation agreement with Summit Air Kitikmeot, in partnership with Summit Air of Yellowknife, NT. The contract will provide air transport for  mining crews to TMAC’s Hope Bay gold project now

  • News

    GOLD: TMAC closes $20.1M over-allotment option, bringing total IPO to over $155M

    August 11, 2015 by Canadian Mining Journal Editor

    TORONTO –TMAC Resources says the underwriters have exercised their $20.1-million over-allotment option following the company’s successful $135-million initial public offering. The IPO consisted of 22.5 million shares, and the…

  • News

    GOLD: TMAC IPO reaps $135M

    July 7, 2015 by Canadian Mining Journal Editor

    TORONTO – TMAC Resources has completed its initial public offering, raising $136 million in the process. The company issued 22.5 million common shares at a price of $6.00 per share. The shares are trading on the TSX under the symbol TMR.

  • News

    GOLD: TMAC calls Hope Bay PFS ‘robust’

    April 27, 2015 by Canadian Mining Journal Editor

    NUNAVUT – TMAC Resources of Toronto is calling the recently completed pre-feasibility study on the Hope Bay gold project “robust”. The company says the study proposes sequential development and underground mining of three known deposits…

  • News

    CORPORATE SOCIAL RESPONSIBILITY: TMAC, Inuit sign land deal

    April 1, 2015 by Canadian Mining Journal Editor

    NUNAVUT – Toronto’s TMAC Resources have signed a 20-year land tenure and benefits agreement with the Kitikmeot Inuit Association (KIA) and Nunavut Tunngavik Inc. (NTI). The deal includes surface and sub-surface titles within Inuit owned…

  • News

    GOLD: TMAC says Hope Bay M&I resource contains 4.4M oz

    January 27, 2015 by Canadian Mining Journal Editor

    NUNAVUT – TMAC Resources of Toronto has released new resource estimates for its Hope Bay property 65 km east of Bathurst Inlet – an estimate that puts contained measured and indicated ounces at 4.4 million, a jump of 59% from…

  • News

    GOLD: TMAC makes $44M equity offering to advance Hope Bay

    January 19, 2015 by Canadian Mining Journal Editor

    NUNAVUT – TMAC Resources of Toronto is raising money to advance development of its Hope Bay gold project 65 km east of Bathurst Inlet. The company has completed a private placement of 23.44 million common shares at a price of $1.75 plus…

  • News

    GOLD: TMAC raises $78M for advance Hope Bay project

    May 1, 2014 by Canadian Mining Journal Editor

    NUNAVUT – TMAC Resources of Toronto has closed a $78 million equity financing, raising funds with which to advance its Hope Bay gold project 65 km east of Bathurst Inlet. The company issued 43.94 million common shares at a price of $1.75…

  • Feature

    New Resources Emerging Because of Diminishing Arctic Ice Pack

    January 1, 2014 by Bill Braden

    The resource environment along Canada’s 162,000 kilometres of Arctic coast line, the lion’s share of it along Nunavut’s mainland and island archipelago, is daunting to say the least, but thankfully the wind-chill factors…