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TMAC Resources (CN:TMR) has had a bumpy ramp up at its Hope Bay project in Nunavut, but a recent analyst site visit has convinced some that things are improving, albeit slowly.
Analysts on a site visit to Hope Bay see signs of improved operating performance
"After our Hope Bay visit, we have increased confidence that TMAC can rectify process plant issues and reach designed recoveries," said CIBC World Markets analyst Jeff Killeen.
Lower margins, extra costs impact results
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