Scully is a producing open-pit iron-ore mine in the Labrador Trough operated by Tacora Resources. Scully Royalty holds a net-revenue royalty paying 7.0% on iron ore shipped from the mine and 4.2% on tailings or disposed-material shipments, subject to C$3.25 million annual minimum payments under a sublease expiring in 2055.
- Country
- Canada
- Commodity
- Fe
- Stage
- Production