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Labrador Iron Mines Holdings LTD (LBRMF)

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Last Post: 11/26/2020 6:15:22 AM - Followers: 41 - Board type: Free - Posts Today: 0




220 Bay Street

Suite 700

Toronto, ONT M5J 2W4




Labrador Iron Mines Holdings Limited (“LIMH”), through its majority owned subsidiaries Labrador Iron Mines Limited (“LIM”) and Schefferville Mines Inc. (“SMI”), is engaged in the exploration and development of iron ore projects in the central part of the Labrador Trough region, one of the major iron ore producing regions in the world, situated in the Menihek area in the Province of Newfoundland and Labrador and in the Province of Quebec, centered near the town of Schefferville, Quebec.

LIM owns extensive iron ore resources as well as numerous mineral exploration claims in Newfoundland and Labrador and in Quebec (collectively, the “Schefferville Projects”). LIM’s direct shipping iron ore (“DSO”) projects comprise numerous different iron ore deposits of varying sizes, divided into two separate portions, one within the Province of Newfoundland and Labrador and the other within the Province of Quebec.

LIM also holds the Elizabeth Taconite Project, which has its first independent Inferred mineral resource estimate, as at June 15, 2013,comprising two adjacent deposit areas. Approximately 620 million inferred tonnes at an average grade of 31.8% Fe have been estimated in Elizabeth No. 1 and a potential 350 million to 600 million tonnes at an average grade 31.9% Fe have been estimated in Elizabeth No. 2.

In the three-year period of 2011, 2012 and 2013 LIM produced a total of 3.6 million dry metric tonnes of iron ore, all of which was sold in 23 cape-size shipments into the China spot market.

Labrador Iron Mines is positioned positioned to resume mining operations and development of its Houston Mine, when market conditions permit, subject to completion of financing and negotiation of major contracts.


Labrador Iron Mines Limited


LIMH holds approximately 51% of the shares of LIM.

LIM and its subsidiary SMI hold all of the group's mineral properties and assets.



Schefferville Mines Inc.

SMI is a wholly-owned subsidiary of LIM. SMI holds all of the group's mineral properties and assets in the Province of Quebec.

Houston Iron Royalties Limited

Former creditors of LIM and SMI hold shares in Houston Iron Royalties Limited ("RoyaltyCo"), that has the right to receive a royalty equal to 2% of the sales proceeds (FOB Port of Sept-Iles) received by LIM from sales of iron ore from LIM's Houston and SMI's Malcolm properties.









As of October 18, 2019










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#2412   Shhh....don’t tell anybody...lol DMar70 11/26/20 06:15:22 AM
#2411   Let’s gooooo! Distantpulse 11/25/20 12:16:54 PM
#2410   Price target of $28.67. Load up NOW! CharlesMartin1 11/25/20 12:46:57 AM
#2409   Ready to take off soon I’m thinking. DMar70 11/18/20 06:49:17 PM
#2408   Haha. You aren’t wrong. alphaInvestor2 11/11/20 12:41:27 PM
#2407   Alpha, pronounced "Awful" investor. Practice if you can't RadTechnician 11/11/20 10:43:37 AM
#2406   That’s about all you can do. Laugh. alphaInvestor2 11/10/20 09:47:38 AM
#2405   Lol DMar70 11/10/20 09:39:17 AM
#2404   I’m just another bag holder in another dump. alphaInvestor2 11/09/20 05:48:24 PM
#2403   Good point. DMar70 11/05/20 03:22:10 PM
#2402   Soon. Election time should facilitate a movement alphaInvestor2 11/05/20 02:22:05 PM
#2401   Need some more positive news DMar70 11/05/20 12:56:00 PM
#2400   Northwest Territories Government buys MacTung www.whitehorsestar.com/News/nort Hitman970 11/04/20 05:32:49 PM
#2399   $LBRMF: Canadian mines going strong now.......... makinezmoney 11/04/20 11:34:47 AM
#2398   It’s hard to say in my opinion if jman2599 11/04/20 01:11:52 AM
#2397   I’m wondering will they sell? DMar70 11/03/20 03:44:40 PM
#2396   Agreed DMar70 11/03/20 03:31:06 PM
#2395   Next batch of news should provide good insight jman2599 11/03/20 03:24:23 PM
#2394   $LBRMF: NOW $0.06 !!!!!!!! makinezmoney 11/03/20 02:21:57 PM
#2393   $LBRMF: Been here Since DAY #1 !!!!!!!!!!!!! makinezmoney 11/03/20 01:53:01 PM
#2392   Pulled back to .04 and has held since. jman2599 11/03/20 01:35:58 PM
#2391   Pulled back a bit this morning DMar70 11/03/20 10:08:51 AM
#2390   If this announces a reopening is officially happening.... CharlesMartin1 11/02/20 08:33:19 PM
#2389   Definitely will be bigger than 20 cents. DMar70 11/02/20 08:01:38 PM
#2388   $LBRMF: 20cents is a Piece of Cake makinezmoney 11/02/20 03:45:48 PM
#2387   100% agree DMar70 11/02/20 03:32:22 PM
#2386   $LBRMF: Added another 150k now............. makinezmoney 11/02/20 03:07:01 PM
#2385   $LBRMF: Gerald Group put alotttttt of money into LBRMF makinezmoney 11/02/20 02:53:56 PM
#2384   It was 20 cents last October. I DMar70 11/02/20 02:51:05 PM
#2383   Just remember too. LBRMF zero debt and DMar70 11/02/20 02:49:40 PM
#2382   $LBRMF: Vale is actually PROFITTING right now on Iron-ORE makinezmoney 11/02/20 01:57:52 PM
#2381   $LBRMF: Super Strong Demand and Rising......... almost $120/tn makinezmoney 11/02/20 01:56:04 PM
#2380   $LBRMF: IronOre Spot price....... HOT !!!!!!!!!! makinezmoney 11/02/20 01:53:59 PM
#2379   Big moves 2 days in a row. This The_Truth_NL 11/02/20 01:10:11 PM
#2378   $LBRMF: Raise your bid, chump............ makinezmoney 11/02/20 12:58:38 PM
#2377   $LBRMF: My theory..... Gerald Group found a BUYER !!!!!!! makinezmoney 11/02/20 12:53:11 PM
#2376   $LBRMF: 630k bidding at $0.027 makinezmoney 11/02/20 12:03:36 PM
#2375   $LBRMF: I said it well over a year ago makinezmoney 11/02/20 11:14:14 AM
#2374   Awesome. Just a matter of time. DMar70 11/02/20 11:08:57 AM
#2373   $LBRMF: Added another 200k today.......... makinezmoney 11/02/20 11:07:44 AM
#2372   $LBRMF: Chinese Demand for Iron ORE.... insatiable makinezmoney 11/02/20 09:48:15 AM
#2371   And here we go. Good job to DMar70 10/31/20 05:25:59 AM
#2370   $LBRMF: Houston Project has 61Million TONNES !!!!!!!!!!!! makinezmoney 10/30/20 01:39:06 PM
#2369   $LBRMF: Don't be so shortsighted......... makinezmoney 10/30/20 11:41:42 AM
#2368   $LBRMF: With todays news............ makinezmoney 10/30/20 11:26:50 AM
#2367   $LBRMF : There is no doubt that L-IronMines makinezmoney 10/30/20 11:22:26 AM
#2366   GLTA DMar70 10/30/20 07:23:09 AM
#2365   Labrador Iron Mines – Houston Preliminary Economic Assessment DMar70 10/30/20 07:22:42 AM
#2364   shareholder meeting is October 28th. JPGetty 10/23/20 10:36:03 PM
#2363   Awesome. With the demand from China for DMar70 10/07/20 04:48:38 PM
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