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Vol. 11, No. 44 Week of October 29, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry

MINING NEWS: Nunavut could see two gold mines by ’08

Cumberland Resources, Miramar Mining received recommendations from the Nunavut Impact Review Board to proceed with projects

Sarah Hurst

For Mining News

Two Vancouver-based mining companies are forging ahead with gold projects in Nunavut, and if all goes according to plan they could both be in production by 2008. Cumberland Resources and Miramar Mining have seen their stock prices leap from under $2 a year ago to around $5 today thanks to endorsemen....

    [additional news subjects in this story]

Meadowbank has seasonal ocean access

Three open pit designs within five-kilometer radius

Work began in 1995

Hope Bay farther north


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