Feb 16, 2021
Baffinland Iron Mines Corp. has put a price tag on the recent weeklong blockade that brought work to a standstill at its Mary River mine. The blockade could have cost the company more than $2 million per day, for a total exceeding $14 million, based on information in documents the company filed in court.
The company provided this information in an affidavit from its CEO, Brian Penney, last week during Baffinland’s efforts to secure a court order to have protesters vacate its airstrip.
The protesters oppose a proposed expansion of the Mary River mine that would double its output. The proposal is making its way through a Nunavut Impact Review Board public hearing, which is adjourned until April.
Read More: https://nunatsiaq.com/stories/article/baffinland-blockade-cost-estimated-to-be-14-million/