Labrador Iron Ore Royalty Corporation

TSX posts gain, Mar. 1-5

The S&P/TSX Composite Index advanced 1.80% to 18,381.00. The S&P/TSX Global Base Metals Index climbed 1.21% to 165.45, and the S&P/TSX Global Mining Index rose…

Equipment at IOC's mine near Labrador City, Newfoundland and Labrador. Shot was taken August 2010. Credit: Rio Tinto

IOC green-lights Wabush 3

Iron Ore Co. of Canada (IOC) is moving ahead with developing the Wabush 3 project, after a $79-million investment approval by its board. Wabush 3…

A blast at Iron Ore Co. of Canada's flagship iron ore mine in Labrador. Credit: RIO TINTO

Labrador Iron Ore Royalty could become takeover target

Osisko Gold Royalties (TSX: OR) has amassed a 9.8% stake in Labrador Iron Ore Royalty (TSX: LIF) since the beginning of the year, and of that, 7.2% was acquired in the first quarter, Osisko noted in its quarterly financial statements.

TSX posts modest gain, April 20-24

Solid corporate earnings pushed global equity markets higher and Canada’s main stock index was no exception, gaining 0.3% to finish at 15,408.33. The S&P/TSX Global Mining Index climbed 3.63% to 66.61, and the S&P/TSX Capped…

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