
The history of the iron ore deposits at Mary River is a tale of politics, perseverance and hope, as Richard “Bo” McCloskey, chairman and interim CEO and president of Baffinland Iron Mines, reveals to Andrew Pelis.
The story of the Mary River iron ore deposits is a compelling tale of national pride, split opinions and fluctuating prices, with a splash of political intrigue. For these reasons, the high-grade iron ore reserves remain undeveloped, nearly a half century after they were first discovered by Murray Watts and Ron Sheardown.