$LIF.TO

Labrador Iron Ore Royalty Names New Board Chair

Labrador Iron Ore Royalty (LIF.TO) on Monday said William McNeil will resign as chair of the board and as a director, effective June 30.The company said director Douglas McCutcheon, who has served on the board since 2020, has been appointed chair, succeeding McNeil.Labrador Iron Ore Royalty also appointed Peter Ingram to its board of directors. Ingram brings more than 35 years of experience in mine engineering, project management and financial analysis, the company said.In addition to joining the board, Ingram will serve on the audit committee and the governance and human resources committee.The company also appointed Dorothea E. Mell as chair of the governance and human resources committee, succeeding Mark J. Fuller, who will remain a director and committee member.

Earnings Flash (LIF.TO) Labrador Iron Ore Reported Q1 Royalty Revenue $35.4M, Comparable to Q1 2025 and a 9% Decrease From Q4 2025

Labrador Iron Ore Reports IOC's Q1 Production, Sales

Labrador Iron Ore Royalty (LIF.TO), down 1.8% on last look, said Tuesday the Iron Ore Company of Canada (IOC), majority-owned by Rio Tinto (RIO), had total saleable iron-ore production of 3.44-million tonnes in the first quarter, made up of 1.72-million tonnes of pellets and 1.72-million tonnes of concentrate for sale (CFS).Labrador Iron Ore, which has a 15.1% equity stake in IOC, notes it reported total iron ore sales in the first quarter of 3.29 million tonnes, comprised of 2.14 million tonnes of pellets and 1.15 million tonnes of CFS.IOC's 2026 sales guidance (pellets and CFS) of between 15 million tonnes to 18 million tonnes was maintained.Labrador Iron Ore will release its first quarter results after the market close on May 4.Labrador Iron Ore shares were last seen down $0.51, to $28.20, on the Toronto Stock Exchange.Price: $28.20, Change: $-0.51, Percent Change: -1.78%

Altius Minerals Expects YoY Increase in Q1 Attributable Royalty Revenue

Altius Minerals (ALS.TO) said Tuesday that it expects a year-on-year increase in attributable royalty revenue for the first quarter.The company estimated its ARR to reach C$26.4 million in the three months ended March 31, rising from $15.0 million in the year-ago period.This includes base metals revenue jumping to $9.1 million from $6.8 million a year earlier, reflecting higher realized copper prices and timing of copper stream deliveries from the Chapada mine, as well as higher revenue from the Voisey's Bay operation. Its preliminary cost of sales for the Chapada copper stream, excluding any depletion, was $2.5 million for Q1 2026.It also includes potash revenue increasing to $4.5 million from $3.9 million due to higher realized prices and lithium revenue surging to $5.4 million from $51,000 following its acquisition of Lithium Royalty.ALS cited iron ore royalty revenue in the form of dividends from Labrador Iron Ore Royalty (LIF.TO) of $1.6 million for the quarter, down from $1.9 million last year, but also said electricity royalty revenue totaled $3.6 million, increasing from $1.6 million.Shares in ALS were down $0.52 or 1% to $51.25 in Canada yesterday.