Rio Tinto

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.







U.S. stocks edge lower, Feb. 23-27

February was kind to U.S. stocks. Reuters reported that the Dow Jones Industrial Average rose 5.6% in its best monthly performance since January 2013; the S&P 500 Index was up 5.5%, its best monthly performance since October 2011; and the…


S&P 500 closes at record high, Feb. 9-13

A ceasefire between Ukrainian forces and pro-Russian separatists combined with a slight bump in oil prices, apparent progress on a debt deal with Greece and higher-than-expected 0.7% fourth-quarter growth in Germany combined to help push U.S….






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