By Arty Sarkisian, Local Journalism Initiative Reporter, Nunatsiaq News After a months-long litigation, Baffinland has secured a federal loan to continue operations at its Mary River iron mine through 2027. The company announced it had received the loan Tuesday in a news release. The Oakville, Ont.,-based Baffinland Iron Mines Corp., which operates the mine on northern Baffin Island, announced in May it had filed for creditor protection. The $660-million loan from Export Development Canada, a Crown corporation, is intended to provide “liquidity” to keep the mine operational, said Celeste van Tonder, the company’s chief financial officer, in a sworn affidavit. At the time, van Tonder said if Baffinland didn’t get the loan, the mine would be “forced to curtail or cease operations entirely and a significant number of employees may…
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