03 08 16 25
SEP
NOV
OCT
10
06
01
The Nunavut Impact Review
Board approves the Mary River
iron project on Ba!n Island, pro-
posed by Ba!nland Iron Mines
Corp. The approval comes with
many conditions.
After Gazprom announces that costs for
Shtokman are too high, Total says the
three partners are exploring other ways
to make the project feasible.
Arctic ice extent reaches the lowest level in
the satellite record (since 1979). Ice extent
is measured at 3.41m square kilometers, or
1.32m square miles.
Finland announces the development of a
new Arctic policy focused on the country’s:
- Arctic identity,
- Arctic expertise,
- focus on sustainable development, and
- orientation towards Arctic cooperation.
The United States Coast Guard’s exer-
cise Arctic Shield 2012 concludes. The
exercise involves cooperation with oth-
er agencies on deploying oil skimmers
and managing vessel tra!c in Arctic
waters, among other things.
The CEO of French oil major
Total advises against drilling
for crude oil in the Arctic due
to the extreme environmen-
tal sensitivity of the region.
A massive leak from a gypsum pond
at the Talvivaara mine in Finland’s
Kainuu region proves extremely dif-
"cult to close.