Overview
On February 2, 2021, Agnico Eagle acquired TMAC Resources Inc., the operator of the Hope Bay property located in the Kitikmeot region of Nunavut, Canada. The property and operations are remote but not isolated, serviced by both a port and airstrip. Hope Bay is an 80 km by 20 km Archean greenstone belt that has been explored by multiple companies over a period spanning more than 30 years. TMAC began producing gold in early 2017 from Doris, its first mine at Hope Bay, and processed gold at the Doris processing plant which originally had nameplate capacity of 1,000 tpd and expanded to 2,000 tpd midway through 2018.
In 2021, the Company expects to continue mining at the Doris deposit while undertaking optimization efforts. The Hope Bay mine is not included in the Company’s production, cost or capital expenditure guidance for 2021, nor included in its year-end 2020 mineral reserve and mineral resource estimates.
The Company expects to spend $16.2 million in 2021 for 69,600 metres of drilling at the Hope Bay property, including $5.5 million for 29,800 metres of delineation drilling to support production at the Doris mine and $10.7 million for 39,800 metres of drilling on exploration targets around the Doris, Madrid and Boston deposits and other targets along the belt. The Company is currently evaluating exploration priorities and metres allocated on each program and may adjust the allocation during the course of 2021.
Career Opportunities
Employees working at Hope Bay access the site by airplane and work on a rotational basis, either on a two week in, two week out rotation or on a three week in, three week out rotation.
Career opportunities will continue to be posted at the links below.
Internal Applicants: If you are currently working at Hope Bay please click here.
External Applicants: If you are interested in working at Hope Bay please click here.