Baffinland Iron Mines Corp. has scaled back its target for shipping iron ore bulk samples from its Mary River deposits on Baffin Island by about half, blaming an early spring melt and heavy rain.
The company said Wednesday it now expects to ship between 120,000 and 150,000 tonnes of iron ore to European steelmakers in three trial cargoes, down from a previous target of 250,000 tonnes.
The reduction "is primarily due to the advent of an earlier than anticipated spring melt combined with severe rainfall in the later part of June resulting in a need for extensive construction and maintenance work along the full length of the 100-kilometre tote road to the shipping site at Milne Inlet," Baffinland stated.
"Haulage of the bulk sample on this road has been interrupted for approximately six weeks."
The company added that recent dry weather has expedited work, and haulage is expected to resume by the end of this month.
To date 166,956 tonnes of ore has been blasted, with 98,400 tonnes crushed and 39,048 tonnes moved to Milne Inlet.
Source: Canadian Press
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