3 TSX Mining Stocks with Stellar Dividend Yields

These TSX-listed mining stocks currently offer a potential for capital gains, as well as a steady stream of income through dividend payouts

SmallCapPower | May 11, 2016: In large part, the commodities market is said to have troughed this year. We have already seen gold prices surge nearly 20% YTD, with additional gains forecasted by analysts as the USD continues to fall. Investors, then, who are planning for a steady stream of income may want to incorporate some dividend-paying resource stocks into their portfolios. Even if the recovery takes longer than anticipated, investors can get paid to wait – never a bad thing. Today we have identified three resource-related stocks that currently have superior dividend yields.

Win Big With Our Small Cap Picks


SciVacLabrador Iron Ore Royalty Corp. (TSE:LIF) – $12.56
Iron & Steel

Labrador Iron Ore Royalty Corporation (LIORC) is a Canada-based mining company that owns interests in the Iron Ore Company of Canada (IOC), which operates an iron mine near Labrador City, Newfoundland and Labrador on lands leased from LIORC. The Company through its wholly-owned subsidiary, Hollinger-Hanna Limited, owns a 15.10% equity interest in IOC and receives a 7% gross overriding royalty on all iron ore products produced from the leased lands, sold and shipped by IOC and commissions on sales of iron ore by IOC.

  • Market Cap: $803,840,000
  • Dividend Yield (LTM): 8.2%

SciVacPotash Corporation of Saskatchewan (TSE:POT) – $20.87
Agricultural Chemicals

Potash Corporation of Saskatchewan Inc. is a fertilizer producer, producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid.

  • Market Cap: $17.44 Billion
  • Dividend Yield (LFQ annualized): 6.6%

SciVacNevsun Resources Ltd. (TSE:NSU) – $4.28
Specialty Mining & Metals

Nevsun Resources Ltd. is a mining company that is engaged in the acquisition, exploration, development and operation of mineral property interests. The Company’s principal property is the Bisha Property, which hosts a gold, copper and zinc deposit, and includes satellite volcanogenic massive sulfides (VMS) deposits at Harena, Northwest, Hambok, Aderat and Asheli.

  • Market Cap: $851,949,504
  • Dividend Yield (LFQ annualized): 5.2%

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source.