Rio Tinto released its quarterly operational report for the first quarter ending March 31, 2025, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the first quarter of 2025, IOC had total saleable iron ore production of 3.95 million tonnes, comprised of 2.33 million tonnes of pellets and 1.61 million tonnes of concentrate for sale. Rio Tinto also [...]
Labrador Iron Ore Royalty announced the results of its operations for the year ended December 31, 2024. To the Holders of Common Shares of Labrador Iron Ore Royalty Corporation The Directors of Labrador Iron Ore Royalty Corporation present the Annual Report for the year ended Dec 31, 2024. 87 Years in Labrador West Labrador Iron Ore Royalty Corporation has been involved in Labrador West for 87 years. Under a Statutory [...]
The Directors of Labrador Iron Ore Royalty declared today a quarterly cash dividend of $0.50 per Common Share. The dividend is payable to holders of record at the close of business on March 31, 2025 and is to be paid on April 30, 2025. About Labrador Iron Ore Royalty Corporation The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a [...]
Rio Tinto released its quarterly operational report for the fourth quarter ending Dec 31, 2024, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the fourth quarter of 2024, IOC had total saleable iron ore production of 4.31 million tonnes, comprised of 2.50 million tonnes of pellets and 1.81 million tonnes of concentrate for sale. Rio Tinto also [...]
The Directors of Labrador Iron Ore Royalty declared today a quarterly cash dividend of $0.75 per Common Share. The dividend is payable to holders of record at the close of business on December 31, 2024 and is to be paid on Jan 29, 2025. Labrador Iron Ore Royalty holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty on [...]
Labrador Iron Ore Royalty announced that Iron Ore Company of Canada, in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in Dec. LIORC's portion of the IOC dividend is U.S. $15.1 million, or about CDN. $21.3 million. For further clarity, this announcement refers to the declaration of an IOC dividend to be received by LIORC and is NOT the declaration by LIORC of a dividend to be paid to LIORC [...]
The Directors of Labrador Iron Ore Royalty Corporation present the third quarter report for the period ended September 30, 2024. Financial Performance In the third quarter of 2024, LIORC's financial results were negatively affected by lower iron ore prices and lower pellet premiums, as well as lower concentrate for sale sales tonnages, partly offset by higher pellet sales tonnages. Royalty revenue for the third quarter of [...]
Rio Tinto released its quarterly operational report for the third quarter ending September 30, 2024, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the third quarter of 2024, IOC had total saleable iron ore production of 3.60 million tonnes, comprised of 2.17 million tonnes of pellets and 1.43 million tonnes of concentrate for sale . Rio Tinto also [...]
The Directors of Labrador Iron Ore Royalty declared today a quarterly cash dividend of $0.70 per Common Share. The dividend is payable to holders of record at the close of business on Sept 27, 2024 and is to be paid on Oct 28, 2024. Labrador Iron Ore Royalty holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty on all [...]
Labrador Iron Ore Royalty announced that Iron Ore Company of Canada, in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in September. LIORC's portion of the IOC dividend is U.S. $15.1 million, or about CDN. $20.3 million. For further clarity, this announcement refers to the declaration of an IOC dividend to be received by LIORC and is NOT the declaration by LIORC of a dividend to be paid to [...]
To the Holders of Common Shares of Labrador Iron Ore Royalty Corp. The Directors of Labrador Iron Ore Royalty Corporation present the second quarter report for the period ended June 30, 2024. Financial Performance In the second quarter of 2024, LIORC's financial results benefited from higher pellet sales tonnages and higher iron ore prices, as well as a more favourable US/CAD exchange rate, partly offset by lower [...]
On July 12, 2024 more than 7,000 residents of Labrador City employees) were ordered by provincial authorities to evacuate the town due to the threat of nearby forest fires. That evacuation order was officially lifted on Monday July 22, 2024, and IOC has begun the process of restarting iron ore operations in Labrador City. In addition, IOC has announced that it has donated CAN$125,000 to the Canadian Red Cross to support [...]
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