Labrador Iron Ore Royalty Corp.

Today Rio Tinto released its operations review for the second quarter ending June 30, 2021, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the second quarter of 2021, IOC had total saleable iron ore production of 4.63 million tonnes, comprised of 2.67 million tonnes of pellets and 1.97 million tonnes of concentrate for sale . Rio Tinto also announced [...]

The Directors of Labrador Iron Ore Royalty Corp. declared today a quarterly cash dividend of $1.75 per Common Share. The dividend is payable to holders of record at the close of business on June 30, 2021 and is to be paid on July 26, 2021. 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 has declared a dividend payable on June 25, 2021. The Corporation's portion is U.S. $60,400,000 or about CDN. $73.0 million. 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 7% gross overriding royalty and a 10 [...]

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 virtual meeting. The following nominee directors listed in the Corporation's management information circular dated April 9, 2021 were elected as directors of the Corporation. The vote was conducted by electronic ballot. The number of common shares voted for [...]

Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the first quarter ended March 31, 2021. Financial Performance In the first quarter of 2021, LIORC's financial results benefited from higher iron ore prices and pellet premiums, partially offset by lower volumes of pellet sales. Royalty revenue for the first quarter of 2021 amounted to $65.2 million compared to $47.6 million for the [...]

Iron Ore Company of Canada has provided Labrador Iron Ore Royalty Corp. with the following update on the situation at IOC's Sept-Îles port facilities following the fire at Reclaimer no. 2. After initial assessment of the damages, IOC estimates that repairs to Reclaimer no. 2 will be completed in Q4-2021. Currently, Reclaimer no. 1 is in full operation and IOC is also able to by-pass the damaged reclaimer and load ore [...]

Today Rio Tinto released its quarterly operational report for the first quarter ending March 31, 2021, which included Iron Ore Company of Canada production and sales information. Specifically, Rio Tinto announced that in the first quarter of 2021, IOC had total saleable iron ore production of 3.99 million tonnes, comprised of 2.51 million tonnes of pellets and 1.48 million tonnes of concentrate for sale . Rio Tinto also [...]

Labrador Iron Ore Royalty Corp. announced today that it has been advised by Iron Ore Company of Canada that on March 31, 2021, there was a fire at reclaimer no. 2 at IOC's Sept-Îles port facilities. The fire was brought under control and there were no injuries. The cause of the fire remains unknown at this time, and an investigation process is ongoing and IOC is still assessing the impact on its operation. IOC has [...]

Clayton Walker, the President and Chief Executive Officer of Iron Ore Company of Canada , has announced that he has accepted a role in the Rio Tinto Copper product group as the Chief Operating Officer, Copper, based in Salt Lake City. As a result, Clayton will be stepping down as IOC's President and CEO effective April 16. A search for his replacement is underway, and in the interim, Donald Tremblay, the Chief Financial [...]

Labrador Iron Ore Royalty Corp. announced the results of its operations for the year ended December 31, 2020. To the Holders of Common Shares of Labrador Iron Ore Royalty Corp. The Directors of Labrador Iron Ore Royalty Corp. present the Annual Report for the year ended December 31, 2020. 83 Years in Labrador West Labrador Iron Ore Royalty Corp. has been involved in Labrador West for 83 years. Under a Statutory Agreement [...]