Company eyes startups in 2019
TMAC Resources Inc. said Thursday that it has passed another milestone on the company’s journey towards expanding its Hope Bay mining operations in western Nunavut with production at the Madrid and Boston deposits.
The Nunavut Impact Review Board and the Nunavut Water Board accepted the final environmental impact statement and water licence applications for Hope Bay’s expansion on Jan. 17.
That means a coordinated review of TMAC’s proposal for development and mining at the Madrid and Boston gold deposits will now get underway—with final hearings on the project slated to take place May 8 to May 12 in Cambridge Bay, In a release, TMAC said it looked looks forward to working with the Kitikmeot Inuit Association, Kitikmeot communities and government departments during the NIRB and NWB reviews.
TMAC said it hopes that process will lead to new project certificates and water licences in 2018 and 2019. “2018 is setting up to be an exciting year as we commence the work necessary to bring our next two mines into production,” said Terry MacGibbon, TMAC’s executive chairman in the release from the company, whose Doris North mine south of Cambridge Bay on the mainland started production last May.
Last December, the NIRB received of TMAC’s final environmental impact statement submission for its “Phase 2 Hope Bay Belt” project proposal, whose draft environmental impact statement was submitted to regulators a year ago.
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