Home Agnico Eagle announces agreement to buy TMAC Resources for $286M
Arctic Economy News

Agnico Eagle announces agreement to buy TMAC Resources for $286M

The deal comes shortly after Canadian federal regulators rejected a bid by a Chinese state-owned company last month.

By Mélanie Ritchot, Nunatsiaq News, Randi Beers, Nunatsiaq News January 6, 2021
2736

TMAC Resources has found a buyer, a mere two weeks after the federal government quashed a proposed sale of the Nunavut gold-mining company to Chinese-owned Shandong Gold Mining Co. Ltd.

Access to content from the Arctic Knowledge Archives is available to Passport holders only.

Arctic Today is a non-profit organization, supported by donations from readers like you. While we strongly believe in giving free access to current news for all readers, we reserve content older than one year for our supporters. All individual contributions of at least $20/month or $150/year will receive a Passport to the Arctic Knowledge Archives. Help us drive the leading non-profit editorial team dedicated to delivering context, information and analysis about events in the Arctic.

Already have a Passport? Sign in
Choose your level of support and unlock your Arctic Today Passport.
  • Monthly
  • Annually
  • Groups & Institutions

Individual Monthly

$20.00

Month

Individual Annual

$150.00

Year

Individual Monthly

$20.00

0

Individual Yearly

$150.00

0

GROUPS & INSTITUTIONS

Contact for
Pricing