(38) stories found containing 'baffinland iron mines'
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Tenacious exploration delivers for Nunavut
As 2023 raced toward its final weeks, mining explorers working in Canada's northernmost territory wrapped up ambitious campaigns to identify new deposits of various lucrative minerals, ranging from... — Updated 1/17/2024
Strong economic forecast for Nunavut
Economists at the government of Nunavut are predicting major economic growth in Canada's northernmost territory next year, partly due to increased production and steady commodity prices in its... — Updated 10/19/2023
Revised plan for mining Mary River iron
Six months after the Canadian government rejected a plan to double approved output from the Mary River iron mine on Nunavut's Baffin Island, the mine's operator, Baffinland Iron Mines Corp., is... — Updated 6/22/2023
Graphite Creek claims conflict settled
Graphite One Resources Inc. June 11 reported that its wholly owned subsidiary, Graphite One (Alaska) Inc. has come to an agreement with Ronald Sheardown for 28 Alaska state mining claims covering... — Updated 6/15/2023
Pioneering explorer, pilot Ron Sheardown
Few men and women could attest to having lived with an adventurous spirit and actually having gone and adventured, but this isn't so for mining and aviation pioneer Ronald Sheardown. Soon to be... — Updated 6/15/2023
Gold, copper lead Nunavut exploration
While a small group of dedicated explorers returned in 2022 to advance production and development projects in Nunavut, a growing number of newcomers fanned out across the northern territory in... — Updated 1/17/2023
Nunavut exploration heats up in 2021
Mineral exploration activity in Nunavut intensified in 2021 as mining companies mounted larger and more extensive programs in response to stronger capital markets, government infrastructure... — Updated 2/10/2022
Mining activity heats up after slowdown
Mineral exploration activity is heating up this summer in Nunavut after a yearlong hiatus sparked by restrictions and cautionary moves driven by the COVID-19 pandemic in early 2020. For the... — Updated 9/30/2021
Operator proposes iron mine expansion
As Nunavut regulators wrapped up a contentious final series of hearings in April on a proposed expansion of the Mary River iron ore mine on Baffin Island, the Canadian territory got hit with a new... — Updated 5/6/2021
Mining in northern territory to rebound
Nunavut is one jurisdiction in Canada with a favorable economic outlook in the face of the COVID-19 pandemic, according to a recent economic analysis completed by the Conference Board of Canada.... — Updated 2/25/2021
Few seek new mineral deposits
Already headed toward the lowest level of annual mineral exploration spending in nearly two decades, the mining industry in Nunavut got broadsided by the coronavirus pandemic in 2020. Travel and... — Updated 1/28/2021
Nunavut takes stock in 20th year
Twenty years ago, Canada created the territory of Nunavut, carving out the easternmost part of the Northwest Territories to form the country's northernmost jurisdiction. A vast land of lakes and... — Updated 8/14/2020
Mining Explorers 2016: Working ahead of the curve
Nunavut seems to be ahead of the curve when it comes to recovering from the global downturn in mineral exploration spending. An estimated C$202.5 million was invested in unlocking this Canadian... — Updated 2/3/2018
Mining Explorers 2016: A land of opportunities
Endowed with some of the largest undeveloped mineral belts in the world, investment in public geoscience has shown the potential of Nunavut. The 2 million square kilometers (772,000 square miles)... — Updated 2/3/2018
Record iron shipped from Canadian Arctic mine
Baffinland Iron Mines Corp. Oct. 18 reported that it shipped record quantities of iron ore from its Mary River Mine in Nunavut to European and Asian markets in 2017. From Aug. 2 to Oct. 17,... — Updated 1/13/2018
Mining Explorers 2015: Mining spurs growth in Nunavut
Thanks largely to its burgeoning mining sector, Nunavut is leading the Canadian territories in economic growth. With the start-up of the Mary River iron mine late in 2014, Nunavut now has two... — Updated 11/1/2015
Mining Explorers 2014: Big projects dominate field season
Mineral exploration activity is holding its own in Nunavut this year, despite a tough funding environment and stiff competition from other attractive mining jurisdictions around the world. Although the Far North territory has only one operating... — Updated 11/2/2014
Baffinland begins mining Mary River iron
Baffinland Iron Mines Corp. commenced mining operations in September at its Mary River iron ore mine located on northern Baffin Island, Nunavut. Mary River is one of the world's richest and largest iron ore deposits in development and contains... — Updated 10/26/2014
Iron, diamonds lead Qikiqtani activity
Mineral exploration activity held its own in Nunavut in 2013, despite a tough funding environment and stiff competition from other attractive mining jurisdictions around the world. Of the mineral projects edging closer to development in the... — Updated 6/29/2014
Chinese demand drives metals prices
Scotiabank's Commodity Price Index, having lost steam in late 2013, is expected to bottom out this spring and rally in the second half of 2014 on stronger global growth, Scotiabank Vice President, Economics Patricia M. Mohr told an overflow crowd... — Updated 4/27/2014
Mining Explorers 2013: Nunavut exploration taps vast resources
Nunavut's exploration and mining opportunities consistently have attracted the attention of the major global producers. Natural Resources Canada determined that C$422 million was spent on exploring for minerals in Nunavut in 2012, and estimates... — Updated 11/3/2013
Skittish markets hamper metals prices
Scotiabank's Commodity Price Index, after losing significant ground in late 2012, started 2013 on a stronger note, climbing 3.8 percent in January before slipping 0.9 percent a month later, Scotiabank Vice President, Economics Patricia M. Mohr... — Updated 5/26/2013
Early birds take flight in Far North
There's nothing like getting an early start, especially when it comes to mining exploration in Canada's Far North. Literally, there's nothing like the 2013 program that Prosperity Goldfields Corp. kicked off in late February at its Kiyuk Lake... — Updated 3/31/2013
Mining Explorers 2012: Nunavut sees growth in mining
An underlying motto for Nunavut this year is "Creating a Resourceful Future," a theme that can be interpreted as creating and building a future full of resources. Nunavut and its expansive geology are rich in many natural mineral resources such as... — Updated 11/11/2012
Mining Explorers 2012: Explorers flock to Far North
Companies chasing mineral riches in Nunavut in 2012 are expected to meet and surpass the brisk pace of exploration set a year earlier. But the race to discover major deposits of precious and base metals, along with uranium, diamonds and other commo... — Updated 11/11/2012