Schefferville Mines Inc
Labrador Iron Mines Holdings Limited (LIMH), through its majority-owned subsidiaries, is engaged in the exploration and development of iron ore projects in the central part of the Labrador Trough region, a significant iron ore-producing area in Newfoundland and Labrador and Quebec. The company holds extensive iron ore resources and numerous mineral exploration claims, primarily through its wholly-owned subsidiary, Schefferville Mines Inc. (SMI).
LIMH's direct shipping iron ore (DSO) projects consist of various deposits located in both Newfoundland and Labrador and Quebec, with a focus on resuming mining operations at its Houston Mine when market conditions allow. The company also holds the Elizabeth Taconite Project, which has significant inferred mineral resources, and has a history of producing and selling iron ore to the China spot market.
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