Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Agnico Eagle’s board of directors has given the go-ahead for construction of the Meliadine and Amaruq gold mines in Nunavut. The company says it expects to invest $1.2 billion in the new mine sites. The Meliadine mine is located 25 km north of Rankin Inlet. Amaruq is a satellite deposit of the existing Meadowbank mine 110 km north of Baker Lake. Meliadine has been approved by the Nunavut Impact Review Board. Permitting is still pending for Amaruq.
