Rio Tinto released its operations review for the second quarter ending June 30, 2024, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the second quarter of 2024, IOC had total saleable iron ore production of 3.72 million tonnes, comprised of 2.14 million tonnes of pellets and 1.58 million tonnes of concentrate for sale . Rio Tinto also announced that [...]
Iron Ore Company of Canada is initiating a safe and coordinated temporary shut down of its operations in response to the Provincial Government's evacuation order for Labrador City. The order stems from extreme fire behaviour that has occurred yesterday and is expected to continue into today. The fire has the potential to grow significantly closer to Labrador West over the next 24 to 48 hours. About [...]
The Directors of Labrador Iron Ore Royalty Corp. declared today a quarterly cash dividend of $1.10 per Common Share. The dividend is payable to holders of record at the close of business on June 28, 2024 and is to be paid on July 26, 2024. 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 [...]
Labrador Iron Ore Royalty Corp. announced that Iron Ore Company of Canada , in which LIORC holds a 15.1% equity interest, has declared a dividend to be paid in June. LIORC's portion of the IOC dividend is U.S. $30.2 million, or about CDN. $41.2 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 [...]
Labrador Iron Ore Royalty Corp. announced the results of the election of directors at its annual and special meeting of holders of common shares held today by way of a hybrid meeting conducted virtually and in person. The following nominee directors listed in the Corporation's management information circular dated April 8, 2024 were elected as directors of the Corporation. The vote was conducted by ballot online and in [...]
To the Holders of Common Shares of Labrador Iron Ore Royalty Corp. The Directors of Labrador Iron Ore Royalty Corp. present the first quarter report for the period ended March 31, 2024. Financial Performance In the first quarter of 2024, LIORC's financial results benefited from higher sales tonnages of pellets and concentrate for sale , partly offset by lower iron ore prices and pellet premiums. Royalty revenue for the [...]
Rio Tinto released its quarterly operational report for the first quarter ending March 31, 2024, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the first quarter of 2024, IOC had total saleable iron ore production of 4.45 million tonnes, comprised of 2.53 million tonnes of pellets and 1.92 million tonnes of concentrate for sale . Rio Tinto also [...]
The Directors of Labrador Iron Ore Royalty Corp. declared today a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on March 28, 2024 and is to be paid on April 26, 2024. 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 [...]
Rio Tinto released its quarterly operational report for the fourth quarter ending December 31, 2023, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the fourth quarter of 2023, IOC had total saleable iron ore production of 4.60 million tonnes, comprised of 2.39 million tonnes of pellets and 2.21 million tonnes of concentrate for sale . Rio Tinto also [...]
The Directors of Labrador Iron Ore Royalty Corp. declared today a quarterly cash dividend of $0.45 per Common Share. The dividend is payable to holders of record at the close of business on December 29, 2023 and is to be paid on January 26, 2024. 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 [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the third quarter ended September 30, 2023. To the Holders of Common Shares of Labrador Iron Ore Royalty Corp. The Directors of Labrador Iron Ore Royalty Corp. present the third quarter report for the period ended September 30, 2023. Financial Performance In the third quarter of 2023, LIORC's financial results were negatively affected [...]
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