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TMAC looks for Hope Bay expansion

Budding gold miner TMAC Resources (CN:TMR) has intersected further high-grade gold as it works to optimise and expand its hamstrung Hope Bay project in northern Canada.

Ngaire McDiarmid
TMAC is troubleshooting performance issues at its Hope Bay processing plant

TMAC is troubleshooting performance issues at its Hope Bay processing plant

The company started commercial production at its Doris deposit in June after a “slower than expected” ramp up. It produced 12,270 ounces for the quarter with average recoveries of 67% in June and an all-in...

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