ArcelorMittal Archives - Australian Mining

ArcelorMittal's planned mega mine in the Arctic Circle expects to clear regulatory hurdles and begin construction next year. June 7, 2012 0 comment Australian Mining

ArcelorMittal Moves Ahead With Bid for Arctic Miner ...

Jan 25, 2011· OTTAWA — By the standards of mining deals, the steelmaker ArcelorMittal's bid for Baffinland Iron Mines is relatively small, valued at 590 million Canadian dollars, or about $593 million. But it is still attracting an exceptional amount of attention from the news media and investors in Canada.

Mary River Mine - Wikipedia

Richard , then Baffinland's chairman, told Mining Weekly in August 2010 the firm was seeking partners to provide the financing for the mine's construction. ArcelorMittal bid to buy Baffinland; Nunavut Iron Ore Acquisition Company (NIO) subsequently made a hostile offer and increased it …

My trip to the Arctic Circle - ArcelorMittal

Having come from ArcelorMittal's steel side before joining Baffinland in spring 2011, it has been a learning curve watching a mining project go through the environmental assessment and permitting phase, then the construction phase and now starting up operations – all inside the Arctic Circle.

Canadian Arctic mining boom draws in China-backed MMG ...

Sep 05, 2012· China-backed metals producer MMG Ltd. might be the new kid on the Canadian Arctic block, but it is already announcing plans to build two mines in …

Who We Are | Baffinland

Baffinland Iron Mines Corporation (Baffinland) is a Canadian mining company, mining iron ore at the Mary River operation in the Qikiqtani region of North Baffin, Nunavut, Canada. At Baffinland, most of our employees work beyond the Arctic Circle, in one of the world's most captivating and seldom-seen destinations. About Baffinland

ArcelorMittal Canada Sustainable Development Report 2015

ArcelorMittal Canada Sustainable Development Report 2015 10 ArcelorMittal Canada is part of the world's largest steel and mining company. In Canada, we have seven business segments across two provinces and one territory, with more than 9,500 employees working in our mining, steelmaking, automotive tailored blanks and tubular operations.

Mining – ArcelorMittal

Mining sites always have a big impact on their local communities – they provide jobs and infrastructure, but they are also big users of land and water, and can affect the quality of the air for local people. The sustainability practices of the whole mining sector were under the spotlight for some of …

Our history – ArcelorMittal

ArcelorMittal is the successor to Mittal Steel, a business originally set up in 1976 by Mr Lakshmi N Mittal, chief executive officer and chairman of the board of directors. ArcelorMittal was created through the merger of Arcelor and Mittal Steel in 2006.

Mining the Arctic - a massive con? - Mines and Communities

Sep 02, 2011· Insight: Arctic Has Great Riches, But Greater Challenges. By David Ljunggren. PlanetArk. 2 September 2011. At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of oil, gas and minerals.

Growing our mining business – ArcelorMittal

Mining is a core part of ArcelorMittal's business. Building up our own mining assets and becoming self-sufficient in iron ore and coal are crucial not just because they are the raw materials for steelmaking, but also because they can generate growth in our business.

ArcelorMittal mine among riches in warming Arctic ...

The U.S. Geological Survey has estimated that up to 30 per cent of the world's undiscovered gas and 13 per cent of oil waiting to be found are inside the Arctic Circle.

ArcelorMittal Moves Ahead With Bid for Arctic Miner ...

Jan 25, 2011· ArcelorMittal Moves Ahead With Bid for Arctic Miner. By Ian Austen January 25, ... OTTAWA — By the standards of mining deals, the steelmaker ArcelorMittal's bid for Baffinland Iron Mines is relatively small, valued at 590 million Canadian dollars, or about $593 million. But it is still attracting an exceptional amount of attention from the ...

Arctic Regulator Opposes ArcelorMittal Iron Mine's Bid to ...

Arctic Regulator Opposes ArcelorMittal Iron Mine's Bid to Expand. By James Munson. ... An environmental regulator in Canada's far north wants the federal government to turn down an ArcelorMittal-owned iron miner's request to increase ore production. ... Canada Proposes More Stringent Limits on Mining Effluent May 16, 2017, 11:01 AM ...

mining in the arctic arcelormittal - bluecraneroute.co.za

mining in the arctic arcelormittal. ArcelorMittalThe Business of MiningPage 2. 0· ArcelorMittal has again sweetened its friendly offer for Baffinland Iron Mines in an escalating battle for control of one of the worlds biggest undeveloped iron ore deposits in Canadas high Arctic.

Mary River - Mining North Works

•Iron •Located on Baffin Island, in Nunavut's Qikiqtaaluk Region •July 1962, Mary River's high-grade iron ore, deposit number 1, first noted •In 1986, newly-created Baffinland Iron Mines Corporation acquired original land claim to develop mine •Production start 2014 •Operated by Baffinland Iron Mines, jointly owned by ArcelorMittal and Nunavut Iron Ore. •Amongst the …

Baffinland - A Mining Employer of Choice - Careermine

Baffinland Iron Mines Corporation (Baffinland) is a Canadian mining company, mining iron ore at the Mary River operation in the Qikiqtani region of North Baffin, Nunavut, Canada. At Baffinland, most of our employees work beyond the Arctic Circle, in one of the world's most captivating and seldom-seen destinations.

Iron ore mining not for the faint of heart—it's a tough ...

4 · They were joined by partner ArcelorMittal who, besides being the world's biggest steel maker, operates an iron ore mine in remote northeastern Quebec, from which it ships ore on its own privately funded 420-kilometre railway to Port-Cartier, Canada's largest private port. Their experience was a good fit to make Mary River mining work.

ArcelorMittal and Nunavut Iro Ore Add to Baffinland Stake ...

Feb 07, 2011· ArcelorMittal and Nunavut Iron Ore Acquisition announced on Monday that they had acquired an additional 89.7 million shares of the Baffinland Iron Mines Corporation, bringing their stake in the Arctic mining company to 89 percent on a diluted basis. Last month ArcelorMittal, the world's largest ...

Baffinland | The Business of Mining

Jan 04, 2011· The experience with arctic mining gained here will help to operate the Baffinland mines. Implications: ArcelorMittal reckons that the shareholders will prefer to sell the shares at the current premium instead of holding on to the shares with EMG holding 60% of the shares, which would reduce liquidity of the trade.

ArcelorMittal, Nunavut Gain Control Of Baffinland ...

The companies have acquired an additional 16.5 million commons shares in Baffinland, which controls a massive iron ore deposit in Canada's Arctic. The added shares, together with the stock already held by both buyers, means Luxembourg-based ArcelorMittal and Nunavut now control a 93 percent stake.

Baffinland featured on ArcelorMittal Canada's new website ...

Baffinland featured on ArcelorMittal Canada's new website. ... at the 2016 Norwegian Institute of International Affairs survey on indigenous rights and policies of oil and gas and mining companies operating in the Arctic. The study ranked the public commitments, formalized procedures, and institutional arrangements of 92 resource extraction ...

Mont-Wright | The Business of Mining

Jan 04, 2011· The experience with arctic mining gained here will help to operate the Baffinland mines. Implications: ArcelorMittal reckons that the shareholders will prefer to sell the shares at the current premium instead of holding on to the shares with EMG holding 60% of the shares, which would reduce liquidity of the trade.

Britain's richest man to build giant Arctic iron ore mine ...

Jul 04, 2011· Britain's richest man is planning a giant new opencast mine 300 miles inside the Arctic Circle in a bid to extract a potential $23bn (£14bn) worth of …

Mining in the Arctic:On thin ice - Australian Mining

Sep 08, 2011· Mining in the Arctic:On thin ice ... "The Mary River project is a very important iron ore mining project for the ArcelorMittal Group due to the size of its deposit and the high quality of the iron ...

Northern Mining News

NWT & Nunavut Chamber of Mines – Northern Mining News The AEC will work to foster sustainable development, including economic growth, environmental protection and social development in the Arctic. Each Arctic state and Permanent Participant organization will name up to three business representatives to attend the founding meeting.

ArcelorMittal sweetens offer for Baffinland - MINING.COM

Jan 04, 2011· "ArcelorMittal has again sweetened its friendly offer for Baffinland Iron Mines in an escalating battle for control of one of the world's biggest ... The experience with arctic mining gained ...