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    The parties began to look for another financing partner. On August 12, 2010, Walter contacted John Calvert (“Calvert”), one of the principals at The Energy & Mineral Group (“EMG”) about the possibility of financing a take-over bid for Baffinland.

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    Bruce V. Walter is a businessperson who has been the head of 7 different companies and presently is Chairman of Reef Coal Mining Ltd., Chairman & Chief Executive Officer of Four Mile Investments LLC and Chairman of Nunavut Iron Ore, Inc. He is also on the board of The Westaim Corp., Centerra Gold, Inc. and Baffinland Iron Mines Corp.

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    Our Projects . Chetwynd, British Columbia. British Columbia's mining industry observed a sign of economic recovery on June 4, 2010, when Western Coal (now Walter Energy) announced the re-opening of the Willow Creek metallurgical and PCI coal mine that had been lying dormant since 2007.

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