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Notable turning points: Mary River project timeline Thandiwe Vela Northern News Services Published Monday, December 10, 2012
2004: Baffinland Iron Mines Corp. resumes exploration of the Mary River iron ore deposit, about 160 km south of Pond Inlet on Baffin Island, many years after the deposit is first discovered in 1962 by prospector Murray Watts and pilot Ron Sheardown. March 2008: Baffinland Iron Mines Corp. submits the Mary River Project Proposal to the Nunavut Planning Commission, the Nunavut Water Board and the Nunavut Impact Review Board (NIRB). The project includes the development of an open pit iron ore mine on northern Baffin Island, a tote road between Milne Inlet and Mary River mine site, ports at Milne and Steensby inlets, and a railway transporting iron ore from the mine to the Steensby port for year-round shipping of ore through Foxe Basin and Hudson Strait to markets in Europe. May 2008: Baffinland signs a three-year memorandum of understanding with Qikiqtani Inuit Association to develop training programs to equip Inuit people for various jobs during construction and mining phases of Mary River. 2009: Baffinland struggles to find a strategic development partner for the $4-billion mine; citing global economic crisis, cuts back on activity at Mary River, reducing local workforce to 60 from 453 previously brought on for the winter 2008 test bulk sample of 250,000-tonnes of iron ore. November 2010: Multinational steelmaker ArcelorMittal SA Ltd. and Nunavut Iron Ore Acquisition Inc., a company incorporated by former Baffinland consultant Jowdat Waheed and partner Bruce Walter, enter a joint bid to acquire control of Baffinland. Ontario Securities Commission currently is investigating Waheed and Walter over the takeover with allegations of insider tipping and trading. July 2012: Public hearings for Mary River Project take place in Iglulik, Pond Inlet and Iqaluit. September 2012: Nunavut Impact Review Board approves Mary River Project with 184 recommendations. December 2012: Mary River Project completes environmental assessment, with federal government approval signed by Minister of Aboriginal Affairs and Northern Development Canada John Duncan. Nature of Nunavut Impact Review Boardrecommendations The 184 Mary River recommendations made by the Nunavut Impact Review Board centre around:
Source: NIRB Final Hearing Report
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