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Labrador Iron Ore Royalty (TSX:LIF) Interest Received


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What is Labrador Iron Ore Royalty Interest Received?

Interest Received only applicable to companies reporting Cash Flow from Operations in direct method.


Labrador Iron Ore Royalty Business Description

Traded in Other Exchanges
Address
235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates an iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving its customers.
Executives
Douglas Mccutcheon Director
Sandra Louise Rosch Director
John Tuer Director, Senior Officer
William J Corcoran Director
Duncan Newton Rowell Jackman Director
William Hugh Mcneil Director
Patricia Mary Volker Director