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Ottawa rejects the sale of Canada’s TMAC Resources to China’s Shandong Gold

The scuttled deal would have given Shandong Gold control of Hope Bay gold mine in western Nunavut.

By Jane George, Nunatsiaq News December 23, 2020
1792

The proposed sale of TMAC Resources Inc., a Canadian mining company active in Nunavut, to China’s Shandong Gold Mining Co. Ltd. will not move ahead, the company said.

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