UPDATE 1-Arcelor, Nunavut closer to control of Baffinland
February 03, 2011 at 06:41 AM EST
Feb 3 (Reuters) - ArcelorMittal and Nunavut Iron Ore inched closer to taking control of Baffinland Iron Mines as they took an additional 6.2 million shares in the junior explorer, raising their ownership to 64 percent.