Baffinland can’t pay back its debts, but Nunavut iron mine will continue operating for now
Baffinland Iron Mines, the company responsible for the Mary River iron ore mine south of Pond Inlet, is unable to pay its debts, the company announced on May 15. The mine’s operations will continue as normal for now and the Steensby component expansion project is expected to continue, the company said. A sale of the […]