An Iron Ore Royalty


Our Royalty

Generating revenue from a Canadian mining lease

What We Do
We hold a net revenues royalty interest on iron ore shipped from the Scully Iron Ore mine. In addition, we have multiple merchant banking projects - including our regulated bank subsidiary - around the world.
Gross Royalties (2022)
Net Revenue Royalty

Est. 1956

Unearth Prosperity

Our steadfast commitment to iron ore in Newfoundland and Labrador, Canada.


The local government in Newfoundland and Labrador, Canada, leases out the land for the Scully Iron Ore mine for a 100-year term, laying the foundation for a valuable and enduring asset.


A new chapter began for Scully Royalty as the leaseholder of the Scully Iron Ore mine. The mine's new operator re-commenced mining operations and celebrated its first seaborne vessel shipment of iron ore concentrate, marking a milestone of growth and value creation for Scully Royalty.


Scully Royalty continues to generate stable revenue streams through the Scully Iron Ore mine. The mine boasts a capacity of six million tonnes per annum and produces a premium iron ore product with Fe content exceeding 65%.


Looking ahead, Scully Royalty remains committed to enhancing shareholder value and maximizing earnings through its iron ore royalty interest until the lease agreement expires in 2055.

Strategic Ownership, Lasting Value

Scully Royalty's interest in the Scully Iron Ore mine drives revenue and maximizes earnings. Our dedication to enhancing shareholder value is at the forefront of our operations.

Latest Information

Stay informed with the latest updates, announcements, and insights from Scully Royalty.
Scully Royalty Ltd. Files 2023 Annual Report on Form 20-F
Scully Royalty Ltd. announces filing its 2023 Annual Report on Form 20-F with SEC, detailing updated business operations and financials.
April 29, 2024
Stock Info
Latest SEC Filing


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