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08 Aug
20:10

Labrador Iron Ore warns of bearish Q3 conditions

Canada's Labrador Iron Ore Royalty Corp (LIORC) anticipates challenges to its third-quarter performance based on market assessments of weak iron ore prices, Kallanish learns from the company’s second-quarter earnings report. Labrador City-based LIORC chief executive officer John Tuer explains that the company remains cautious about its expectations in Q3. “Looking forward, analysts at S&P Global Commodity Insights forecast further weakening in…
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