Ottawa blocks Chinese takeover of Nunavut gold mine ... , A $230-million deal for a Chinese company to purchase a gold mine project in Nunavut is off. TMAC Resources Inc. made the announcement in a news release posted to its website Monday. The company...
Chinese company makes agreement to buy Nunavut gold mine ... , TMAC Resources owns the Hope Bay gold mine project, lo ed 125 kilometres southwest of Cambridge Bay. On May 8, the company announced a & 34;definitive agreement& 34; to sell to Shandong Gold Mining, a...
Trudeau Shuts Out China Again by Rejecting Arctic Gold Deal , TMAC Resources Inc. owns the Hope Bay gold mine in the northern territory of Nunavut, an operation that includes a port and air strips. Shandong, an acquisitive state-backed metal producer, agreed...
Canada stops China from buying Arctic gold mine , Getty Images Canadian officials are citing national security to block a Chinese government-owned company from acquiring an Arctic gold mine that has its own port and air strips.
Decision on Chinese purchase of Arctic mine delayed ... , The Chinese state-owned giant, Shandong Gold Mining had submitted a purchase offer in May for the TMAC Resources mine at Hope Bay, a site along the strategic Northwest Passage.
Zijin says Papua New Guinea ending gold mine lease may ... , Papua New Guinea on Friday said it would not renew a 20-year mining lease at its Porgera gold mine, citing environmental damage and social unrest even as gold prices have soared to more than...
China and Buying Gold – Why? Armstrong Economics , China only begun to buy gold again, which is also supporting its mining industry as the US did during the 19th century with silver. Prior to December 2018, the last time China bought gold was back in 2016.
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