TORONTO, Aug. 16, 2021 /CNW/ - Iron Ore Company of
Canada (IOC) today announced the
appointment of Mike McCann as President and Chief
Executive Officer of IOC, effective September 20, 2021.
Mike is a highly experienced business leader with 30 years of
operational experience in the mining and processing industry. Mike
was previously the Head of Strategic Business Projects at Vale's
Base Metals division, where he helped advance the development of
new assets, create new joint ventures, and contribute to the
business's overall strategy. He has also overseen large and complex
mining and processing operations in the North Atlantic region and
internationally in the UK, Japan
and China. Mike currently sits as
Board Chair for the Ontario Mining Association.
As part of his new role, Mike will also assume
the role of Chairperson of the board of directors of
IOC. Donald Tremblay, who had assumed the interim role of
President and CEO returns to his role as CFO.
The management and directors of Labrador Iron Ore Royalty
Corporation would like to congratulate Mike on his appointment and
look forward to working with him as the new leader of a talented
team at IOC.
About Labrador Iron Ore Royalty Corporation
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.
SOURCE Labrador Iron Ore Royalty Corporation