Hope Bay hit a record gold production of 34,080 ounces in the fourth quarter of 2018. Courtesy of TMAC Resources.

TMAC Resources has been fined $50,000 by the Nunavut Court of Justice after pleading guilty to a Fisheries Act offence relating its Hope Bay gold mine in the territory.

TMAC was charged with an administrative violation of the Fisheries Act’s metal and diamond mining effluent regulations, which govern where and how mining companies can dispose of mine effluents.