To the Holders of Common Shares of Labrador Iron Ore Royalty Corp. 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 [...]
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 [...]
The Directors of Labrador Iron Ore Royalty Corp. 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 September 27, 2024 and is to be paid on October 28, 2024. About Labrador Iron Ore Royalty Corporation The Corporation holds a 15.10% equity interest in IOC [...]
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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
