March 19, 2015
“The Doris North project is expected to change status from care and maintenance in 2015″
Two years after acquiring the Hope Bay gold mine project in western Nunavut from Newmont Mining Corp.,TMAC Resources Inc.says it plans to bring part of the mine complex out of mothballs in 2015.
TMAC owners said last September that they wanted to see their mine at Hope Bay, located 120 kilometres south of Cambridge Bay on the mainland, operating by 2020.
On March 18, they told the Nunavut Impact Review Board that “the Doris North project is expected to change status from care and maintenance in 2015.”
That came in an update on a project certificate for the Doris North Mine, one of several sites on the TMAC property.
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