Baffinland blockade cost estimated to be $14 million – Nunatsiaq News

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Baffinland blockade cost estimated to be $14 million – Nunatsiaq News

by ahnationtalk on February 16, 202136 Views

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/

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