Multi-billion dollar Baffinland project an awesome shipping challenge

摘要

Of all the current resource projects in Canada's Arctic, none comes close to matching the potential shipping dimension of a multi-billion dollar project on Baffin Island. The awesome undertaking, in fact, traces its origins back about half a century ago when two young geologists flying over Baffin Island saw their navigation compass suddenly starting to spin wildly. Beneath them lay what turned out to be the largest, high-grade undeveloped iron ore deposits in the world.