Baffinland Iron Mines confirmed no layoffs are planned at its Mary River mine. This announcement came despite the company filing for creditor protection on May 15. Baffinland faces a $1 billion debt from a failed 2022 expansion effort. The company has until June 3 to repay its significant debt. Inuit associations have hired lawyers to protect Inuit rights during these proceedings.
Nunavut
https://www.thespec.com/news/canada/nunavut-mining-company-says-its-not-planning-any-layoffs-inuit-associations/article_1c65a8fa-4955-5e44-9738-1583abe0ac31.html