Business UpdateJul 21, 2026, 08:06 AM
North American Construction Group's Nuna Expands Operations
AI Summary
North American Construction Group Ltd. provided an update on its Nuna Group of Companies, highlighting significant expansion and new project awards. Nuna is adding approximately twenty new pieces of heavy equipment to its Nunavut operations, expected to boost revenue at that site by 20%. Additionally, Nuna secured initial project awards in Ontario and a key site infrastructure project in the Yukon, while actively positioning for large-scale northern infrastructure opportunities. These developments underscore the strategic value of NACG's 49% investment in Nuna and its contribution to long-term growth.
Key Highlights
- Nuna Group of Companies expanded equipment fleet at a remote mine site in Nunavut.
- New equipment expected to increase Nuna's revenue at the Nunavut site by approximately 20%.
- Nuna secured initial project awards at developing mine sites in Ontario.
- Nuna was awarded a key site infrastructure project at a precious metal mine in the Yukon Territory.
- Nuna is actively pursuing large-scale northern infrastructure and remediation opportunities.
- North American Construction Group owns 49% of the primary operating companies of Nuna.
- Work on new projects commenced during Q3 2026.
Price Impact
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