Labrador Iron Shares Rise on Resource Estimate

Base Metals Investing

Reuters reported that shares of Labrador Iron Mines (TSE:LIM) rose more than 4 percent after the junior mining company said a new resource estimate has increased the size of its Houston deposits in Quebec by 25 percent. The article states that: Labrador Iron Mines is currently completing construction of a mine at its nearby James […]

Reuters reported that shares of Labrador Iron Mines (TSX:LIM) rose more than 4 percent after the junior mining company said a new resource estimate has increased the size of its Houston deposits in Quebec by 25 percent.

The article states that:

Labrador Iron Mines is currently completing construction of a mine at its nearby James and Redmond deposits, and it expects production to start this year.

To read the full article, click here.

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