Baffinland Iron Mines Corp. has suspended its application to ship six million tonnes of iron ore a year from its Mary River mine, shown here. Instead, the company is refocusing on an earlier plan to ship its iron ore through a port in Steensby Inlet rather than through its existing port in Milne Inlet. (Photo courtesy of Baffinland Iron Mines)
Mining company to focus on ‘rapid development’ of Steensby railway and port, suspends request to ship 6 megatonnes of ore annually
Baffinland Iron Mines Corp. will lay off 10 per cent of its direct and contract employees as part of a wider plan to focus on building the Steensby Project, a rail line extending 149 kilometres south from its Mary River Mine to Steensby port.
‘Restructuring’ to affect departments of community and government services, economic development and transportation, and executive and intergovernmental affairs