Agnico Eagle’s $3.3B Hope Bay mine moving ahead
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Article Excerpt
NEWS MAY 19, 2026 – 5:39 PM EDT Agnico Eagle’s $3.3B Hope Bay mine moving ahead Wind turbine, paid for by Ottawa, to cover half of the mine’s future energy consumption Agnico Eagle Mines Ltd.’s Hope Bay mine, 150 kilometres southwest of Cambridge Bay, could be running by 2030. (Photo courtesy of Agnico Eagle) By Arty Sarkisian - Local Journalism Initiative Reporter Agnico Eagle Mines Ltd. is moving ahead with its third gold mine in Nunavut — the Hope Bay gold complex, located 150 kilometres southwest of Cambridge Bay. The board has approved a $3.3-billion investment to develop the site, with “…
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Jun 3, 2026