Inuit groups say they’re happy about Agnico Eagle’s TMAC purchase – Nunatsiaq News

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Inuit groups say they’re happy about Agnico Eagle’s TMAC purchase – Nunatsiaq News

by ahnationtalk on January 12, 202120 Views

Two regional Inuit associations in Nunavut say they’re happy about Agnico Eagle’s impending acquisition of TMAC Resources Inc.

TMAC is operator of the Hope Bay gold project southwest of Cambridge Bay.

In one statement, the Kitikmeot Inuit Association, which controls most of the land the sprawling Hope Bay project sits on, said it is “optimistic and supportive.”

“Agnico Eagle has a track record of success in Nunavut,” said president Stanley Anablak. He added he’s happy a mature mining company will assume control of Hope Bay.

At the same time, he said that to succeed, the project will require effort from Inuit, the federal government and Agnico Eagle.

Read More: https://nunatsiaq.com/stories/article/inuit-groups-say-theyre-happy-about-agnico-eagles-tmac-purchase/

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