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Labrador Iron Ore Royalty Income Fund - mine photo from source.
Labrador Iron Ore Royalty Income Fund - mine photo from source.
(Labrador Iron Ore/)

SCOTT BARLOW

China to miners: Let’s not make a deal

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Canadian mining companies have become accustomed to Chinese companies swooping in to buy their properties soon after the sale sign is posted. A number of recent failed deals, however, suggest that China’s appetite for mining assets is on the wane, posing major problems for companies like Labrador Iron Ore Royalty Corp which is looking to sell properties.