SymbolLBRMF
NameLABRADOR IRON MINES HOLDINGS LTD.
SectorUNDEFINED
RegionNorth America
Industry-
AddressM5J 2H7 Canada ON 55 University Ave., Suite 1805
Telephone+1 647-728-4104
Fax
Email
Websitehttp://www.labradorironmines.ca
IncorporationCA
Incorporated On2007
Employees
Fiscal Year3/31
Public Since
ExchangesOTC
AuditorMcGovern Hurley LLP;
Audit StatusAUDITED
Reporting StatusDark: Alternative Reporting Standard
CIK0001488158
Description

Labrador Iron Mines Holdings Limited (the parent company), through its majority owned subsidiaries Labrador Iron Mines Limited ("LIM") and Schefferville Mines Inc. ("SMI"), owns extensive iron ore resources and is engaged in the exploration and development of iron ore projects in the central part of the Labrador Trough region in Canada, one of the major iron ore producing regions in the world. The Companys iron ore projects are located in the Menihek area in the Province of Newfoundland and Labrador and just over the border in the Province of Quebec, all centered near the town of Schefferville, Quebec. 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 railed to the Port of Sept-Iles, Quebec, and sold in 23 cape-size shipments into the China spot market. LIM has not undertaken mining operations since 2013, primarily due to volatile iron ore market conditions, but maintains its properties on a stand-by care and maintenance basis and, subject to securing financing, plans to pursue development of its Houston Project and resume iron ore mining operations at the earliest opportunity.

Additional info from OTC:
Labrador Iron Mines Holdings Limited (the parent company), through its majority owned subsidiaries Labrador Iron Mines Limited ("LIM") and Schefferville Mines Inc. ("SMI"), owns extensive iron ore resources and is engaged in the exploration and development of iron ore projects in the central part of the Labrador Trough region in Canada, one of the major iron ore producing regions in the world. The Companys iron ore projects are located in the Menihek area in the Province of Newfoundland and Labrador and just over the border in the Province of Quebec, all centered near the town of Schefferville, Quebec. 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 railed to the Port of Sept-Iles, Quebec, and sold in 23 cape-size shipments into the China spot market. LIM has not undertaken mining operations since 2013, primarily due to volatile iron ore market conditions, but maintains its properties on a stand-by care and maintenance basis and, subject to securing financing, plans to pursue development of its Houston Project and resume iron ore mining operations at the earliest opportunity.

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