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Baffinland, QIA sign updated Inuit Impact Benefit Agreement

Baffinland Iron Mines Corporation and the Qikiqtani Inuit Association announced the signing of an updated Inuit Impact Benefit Agreement (IIBA) on Wednesday that the company says will strengthen Baffinland's commitments to Qikiqtani communities.

Baffinland and QIA have jointly committed to increasing the benefits of the Mary River Mine to Nunavummiut by enhancing the focus on Inuit training and employment, according to a Baffinland news release. This will be done through:

-Increased skills and training opportunities for Nunavummiut
-Increased financial commitments to training and skills development
-Development of a state-of-the-art training facility in Pond Inlet
-Programs designed to specifically increase Inuit employment in all aspects of Baffinland’s organization
-Improved support for all residents of the Qikiqtani communities

The updated agreement immediately replaces the original IIBA, which was signed in September 2013.

“The signing of the Amended IIBA represents another major step in our commitment to deliver on our promise to bring employment and training opportunities to the Qikiqtani region,” said Brian Penney, Baffinland president and CEO. “It also reflects the strong relationship between Baffinland and QIA, as we continue to find new ways to work in partnership and understand how we can continue to move forward and make a real difference for all Nunavummiut.”

Baffinland Iron Mines Corporation president and CEO Brian Penney, centre left, is pictured with P.J. Akeeagok, president of the QIkiqtani Inuit Association, following the signing of the amended Mary River Project Inuit Impact Benefit Agreement. The Amended Agreement includes new programs and commitments to maximize Inuit involvement at the Mary River Mine. Photo courtesy of Baffinland Iron Mines.
Baffinland Iron Mines Corporation president and CEO Brian Penney, centre left, is pictured with P.J. Akeeagok, president of the QIkiqtani Inuit Association, following the signing of the amended Mary River Project Inuit Impact Benefit Agreement. The Amended Agreement includes new programs and commitments to maximize Inuit involvement at the Mary River Mine. Photo courtesy of Baffinland Iron Mines.