Chinese company's deal to buy Nunavut gold mine facing national security review

Shandong Gold Mining Co. Ltd. announced a deal in May to buy TMAC, owner of the Hope Bay mining project in Nunavut, for $230 million.

The friendly deal has received Chinese regulatory approvals and TMAC shareholders voted in favour of it in June.

https://www.cbc.ca/news/canada/north/tmac-resources-shandong-national-security-review-1.5763810?cmp=rss

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