A lawyer for Baffinland Iron Mines Corp. is scheduled to appear in a Toronto court Wednesday, when the company is asking a judge to approve its request for a $660-million loan from Export Development Canada. The mining company that runs the Mary River Mine has been going through a court-approved process to protect it from creditors while it restructures its finances. (File photo)
Mining company is seeking approval of a $660 million loan as part of its court-ordered protection from creditors
Suppliers are “reluctant” to work with Baffinland Iron Mines Corp. until the company gets the funds to continue uninterrupted operations, its lawyer Derek Ricci says.
From left: Daniel Kudluk Gadbois, Minnie Ningiuruvik, Lucasi Iyaituk and Tommy Putulik perform in “Aukkauti.” The play opened its Nunavik tour Saturday in Kuujjuaq. Next week the show is scheduled to stop in Quaqtaq, followed by Kangirsuk the following week and Tasiujaq later in June. The plan is to tour the play across Nunavik, with remaining communities hosting performances between this fall and next year. (Photo courtesy of Samuel Lagacé)