TORONTO (miningweekly.com) – Iron-ore mining on Baffin Island? Child's play. A newly floated company, Canada Coal, is hoping to build a coal mine on Ellesmere Island, the northernmost tip of which is just 800 km from the North Pole.
“I firmly believe we have what could be a world-class deposit up there,” commented CEOBraam Jonker, who was Western Coal CFO until Walter Energy bought the company for $3.3-billion in April 2011. Read more here...
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