$0.45 per Common Share Comprised of a Regular Dividend of $0.25 and a Special Dividend of $0.20 The Directors of Labrador Iron Ore Royalty Corp. declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.20 per Common Share for total dividends of $0.45 per Common Share. All [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the second quarter ended June 30, 2020. Royalty revenue for the second quarter of 2020 amounted to $46.2 million compared to $52.6 million for the second quarter of 2019. Net income was $48.9 million or $0.76 per share for the second quarter of 2020 compared to [...]
The Directors of Labrador Iron Ore Royalty Corp. declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.20 per Common Share for total dividends of $0.45 per Common Share. All amounts are payable to holders of record at the close of business on June 30, 2020 and to be paid on [...]
Labrador Iron Ore Royalty Corp. announced the results of the election of directors at its annual 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, 2020 were elected as directors of the Corporation. The vote was [...]
Labrador Iron Ore Royalty Corp. announced today its operation and cash flow results for the first quarter ended March 31, 2020. Royalty revenue for the first quarter of 2020 amounted to $47.6 million as compared to $38.5 million for the first quarter of 2019. Equity earnings from Iron Ore Company of Canada amounted to $24.7 million or $0.39 per [...]
Labrador Iron Ore Royalty Corp. announced today that the Ministry of Natural Resources of the Government of Newfoundland and Labrador has granted renewals of all 12 of LIORC's mining leases in accordance with their terms for an additional 30 years. The mining leases were initially granted in 1960, 1962, 1965 and 1971 and were for terms of 30 years [...]
Labrador Iron Ore Royalty Corp. announced today that it has been advised that Iron Ore Company of Canada is adjusting its production to focus on meeting the demand for iron ore concentrate. The COVID-19 pandemic situation caused a slowdown in demand for pellets in various markets and industries across Europe and North America. LIORC understands [...]
Because of the threat of COVID-19, the Premier of Quebec has announced the closure of all non-essential businesses from midnight on March 24, 2020 to April 13, 2020. Labrador Iron Ore Royalty Corp. understands that the Quebec government has designated industrial complexes including the mining industry as essential industries, but instructed that [...]
The Directors of Labrador Iron Ore Royalty Corp. declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.10 per Common Share for total dividends of $0.35 per Common Share. All amounts are payable to holders of record at the close of business on March 31, 2020 and to be paid on [...]
Labrador Iron Ore Royalty Corp. is pleased to announce the appointment of Douglas McCutcheon and Dorothea Mell as Directors of the Corporation. The opportunity to add Doug and Dorothea to the Board was created by increasing the number of Directors from six to eight. Doug has extensive experience working in the finance industry globally, as both an [...]
The Directors of Labrador Iron Ore Royalty Corp. declared today a regular quarterly cash dividend of $0.25 per Common Share. The Directors also declared a special dividend of $0.80 per Common Share for total dividends of $1.05 per Common Share. All amounts are payable to holders of record at the close of business on December 31, 2019 and to be [...]
