Labrador announces new directors
(Posted on 08/01/20)
Labrador Iron Ore Royalty Corporation is pleased to announce the appointment of Douglas McCutcheon and Dorothea Mell as Directors of the Corporation. The opportunity to add Doug and Dorothea to the Board was created by increasing the number of Directors from six to eight.
Doug has extensive experience working in the finance industry globally, as both an investor and advisor. He is the President of a successful investment management firm, based in Toronto. Previously, he spent 25 years working as an investment banker, advising companies and boards around the world on raising capital and mergers and acquisitions. Dorothea has more than 25 years of experience in the investment industry. Most recently she was a Managing Director and Portfolio Manager at one of Canada's pre-eminent private wealth management firms, where she was responsible for high yield investments. Before that she was a partner at a specialist fixed income asset manager, where she held various senior management roles. Dorothea has considerable experience in negotiating and interacting with various stakeholders, including management, boards, employees, shareholders, debtholders and suppliers. Doug and Dorothea bring complementary knowledge and experience to our Board of Directors.
The Corporation holds a 15.10% equity interest in IOC directly and through its wholly-owned subsidiary, Hollinger-Hanna Limited, and receives a 7% gross overriding royalty and a 10 cent per tonne commission on all iron ore products produced, sold and shipped by IOC.
Latest News
Cargill completes acquisition of Owensboro Grain Company
(Posted on 27/01/23)Cargill has announced that it has completed the acquisition of Owensboro Grain Company, a fifth-generation... Read more
BHP selects seven companies to accelerate copper and nickel exploration
(Posted on 23/01/23)BHP Xplor, an accelerator programme introduced by BHP in August 2022, has announced its first cohort... Read more
Trafigura makes carbon removal commitment as part of First Movers Coalition
(Posted on 16/01/23)Trafigura Group Ptd Ltd., a market leader in the global commodities industry, has made a public carbon... Read more
Hefner assumes USGC global trade position in Washington
(Posted on 10/01/23)Jace Hefner has joined the U.S. Grains Council (USGC) in its Washington, D.C., headquarters as the new... Read more
Cargill announces CFO transition
(Posted on 10/01/23)Cargill has announced that Jamie Miller will step down as Chief Financial Officer to accept an opportunity... Read more
Adbri extends supply contract with ICL
(Posted on 10/01/23)Adbri Limited has announced that it has extended its cementitious materials supply arrangement with... Read more
Dana Steel to replace imported raw materials with ‘Made in UAE’ supply
(Posted on 04/01/23)Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial... Read more
GrainCorp to boost digital connectivity in the bush
(Posted on 23/12/22)Australian agribusiness GrainCorp is co-leading a $12 million investment round into rural connectivity... Read more
BHP and OZ Minerals extend exclusivity period
(Posted on 20/12/22)BHP has provided an update to its announcement on 18 November 2022 that confirmed BHP had entered into... Read more
Kaisa Hietala to join Rio Tinto Board
(Posted on 20/12/22)Rio Tinto has appointed Kaisa Hietala as a non-executive director. Ms Hietala, a Finnish citizen, will... Read more
