Labrador City Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
SIC | C | Sokoman Iron Corp. | 0.00 | |
LIF | D | Labrador Iron Ore Royalty Corporation | 0.24 | |
CIA | F | Champion Iron Limited | 2.40 |
Related Industries: Industrial Metals & Minerals Steel
- Labrador City
Labrador City is a town in western Labrador (part of the Canadian province of Newfoundland and Labrador), near the Quebec border with a population of 7,220 as of 2016. Neighbouring Labrador City is Wabush, a smaller town with a population of approximately 1,906 as of 2016. Together, the "twin towns" are known as Labrador West.
In the 1960s, Labrador City was founded to accommodate employees of the Iron Ore Company of Canada, and iron ore mining continues to be the primary industry in the town.
The Labrador City town motto is Kamistiatusset, a Naskapi word meaning "land of the hard-working people." The Labrador City town crest is that of a snowy owl holding a scroll atop a black spade on a mound of red earth. The symbol represents iron ore mining. The spade is flanked by two caribou. Both snowy owls and caribou are native to the Labrador City area.
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