TMAC Resources Inc. poured its first gold bar from Hope Bay’s Doris North mine in 2017. Now, after some challenges in 2018, production is up and the company is showing its “first ever positive earnings.” (File photo)
Company touts “first-ever positive earnings” of six cents per share
About two years after its first gold bar was poured, TMAC Resources Inc., which operates the Hope Bay gold complex near Cambridge Bay in western Nunavut, announced on May 1 that it’s making some money.
Ahuya Sinnupa May, racing with Team 13 in this year’s Nunavut Sno-Challenge, hoists a trophy above his head to celebrate his win on Saturday, April 27. The snowmobile race runs a 320-kilometre course to Kimmirut and back from Iqaluit, and is hosted by Toonik Tyme and the Iqaluit Racing Association. May, who comes from Kuujjuaq, finished with a time of two hours, 15 minutes and 13 seconds. He won $16,000 and two plane tickets. This year, there were 22 racers, each having a gasman to help them in the race. (Photo courtesy of Kelli McLarty)
Kuujjuaq students participate in Jaanimmarik School’s harpoon throw. It was one of many events on April 18, when the school visited Three Lakes, just outside Kuujjuaq, for a day of spring games and a picnic. (Photo courtesy of Isabelle Dubois)
Chief Superintendent Amanda Jones (centre) officially takes charge of the RCMP’s “V” Division during a change of command ceremony at Iqaluit’s Frobisher Inn on Wednesday, May 1. Jones is the eighth commanding officer to run the division and the first woman to take on the role. She replaces Chief Superintendent Michael Jeffrey, who was unable to attend the ceremony. (Photo by Emma Tranter)
Students compete in a snowshoe race during Jaanimmarik School’s trip to Three Lakes, just outside Kuujjuaq, on April 18. Students played spring games throughout the day, like Inuit baseball and ayagaq, and afterwards enjoyed a picnic. (Photo courtesy of Isabelle Dubois)
Electro-pop throat-singer Riit (left), accompanied by Alexia Galloway-Alainga (middle), performs at a free concert on the sea ice on Sunday, April 28, in Iqaluit. A crowd of 30 to 40 people came out for an afternoon of entertainment as part of the second Nunavut Music Week. (Photo by Emma Tranter)