05
Aug
17:25
Labrador sees better iron ore conditions ahead
Labrador Iron Ore Royalty Corporation expects to see firm iron ore prices and sales during the balance of the year, Kallanish learns from the company’s second quarter earnings review.
Toronto-based Labrador’s royalty income in Q2 was $25.3 million, roughly equal to its $23.5m income in Q2 2015.
The Iron Ore Company of Canada, in which Labrador holds a 15.10% equity interest and royalty agreement, plans to produce 21m tonnes by year-end. About 10m …
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Anonymous
Very good overview of the weekly steel market.
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