London Mining - TECHNICAL TEAM ADDITIONS>
London Mining - TECHNICAL TEAM ADDITIONS
(Thomson Reuters ONE) - London Mining is pleased to announce the appointment of JohnWonnacott, as the Project Director for the Isua Project in Greenlandand Rinaldo Nardi as Senior Specialist in Mineral Processing andPlant Design.John Wonnacott is a civil and geotechnical engineer with 30 yearsexperience with particular expertise in the development of projectsin cold weather climates. Most notably between 1997 and 2003 John wasthe Deputy Project manager and Chief Engineer of the Diavik DiamondMine in Canada where he hired, led and directed a team of engineersresponsible for the design and construction of a $1.3 billion newmine installation 100 Km south of Arctic Circle.Rinaldo Nardi is a mining engineer and is also a doctor in mineralengineering. He has 35 years experience including 25 years with Vale.Rinaldo has significant expertise of managing both iron ore and coalprojects at the design, construction and start-up stages.John and Rinaldo augment the project and technical services teams ledby COO Luciano Ramos. Luciano's team has recently been expanded toprovide support for the continued fast track development of projectsin China, Sierra Leone, Saudi Arabia and Greenland.In the last quarterly report London Mining announced the hiring ofPhillip Sterling, a metallurgical engineer with over 25 yearsexperience with Samarco Mineração Rio do Norte, Savage River Minesand BHP Billiton, as General Manager for Mineral Processing,Engineering & Mining Operations, and Sergio Guedes, a geologist withover 20 years experience and formerly with CVRD and Rio Tinto, asGeneral Manager for Mineral Resources. Separately, David Keili, aSierra Leone national with extensive western training in the USincluding an MBA, and 28 years experience in civil engineering andmining, was appointed as Project Director for the Marampa Project inSierra Leone.Luciano Ramos said "The success of any company is directly linkedwith the competency and capability of its team. London Mining'sinvestment in the right people has been the cornerstone of itssuccess so far and we continue to build on our core of industryprofessionals with experience of some of the world's best miningprojects. Our aim is to have a technical services and projectmanagement capability that will enable us to execute our ambition tobecome a leading mining company."For more information, please contact:London Mining PlcThomas Credland, Head of Investor Relations +44 (0) 20 7201 5000Crux Kommunikasjon ASCharlotte Knudsen +47 97 56 19 59Threadneedle Communication (UK)Laurence Read +44 (0) 20 76539850About London MiningFounded in April 2005, London Mining is incorporated and registeredin the UK. In 2007, London Mining raised over USD 185 million toadvance iron ore production from its projects, and listed on the OsloAxess, a marketplace regulated by the Oslo Stock Exchange. In 2008,it sold its Brazilian mine to Arcelor Mittal for USD 810 million andreturned GBP 220 million to shareholders. The Company currently hasiron ore projects and mines in China, Sierra Leone, Saudi Arabia andGreenland, and coal assets in South Africa and Colombia. LondonMining trades under the Reuters symbol LOND.OL and Bloomberg symbolLOND:NO.Operational milestones during Q1 2009:Iron oreChina * Xiaonanshan iron ore mine and Sudan processing plant acquired * Group to report production from Q2 2009 * Assessment of safety, operations and expansion plans underwaySierra Leone * Tailings drilling complete - inferred resources of 39mt of tailings identified above water table and 24mt below * Final phase engineering design due for completion H2 2009 * Truck and barge route established to deep water port for exportSaudi Arabia * Positive feasibility study complete for first 5mtpa project phase. * Independent market study identified significant supply deficit of c.20mtpa of direct reduction (DR) pellets in the Middle East and North Africa (MENA). * Bankable feasibility study underwayGreenland * Resource definition and engineering work towards prefeasibility study ongoing * Updated resource statement and prefeasibility study planned in late H2 2009CoalSouth Africa * Updated resource statement received from DMC Energy on Rietkuil project.Colombia * London Mining is reviewing strategic opportunities relating to its 20% investment in International Coal Companyhttp://hugin.info/137683/R/1328320/313142.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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Datum: 13.07.2009 - 08:05 Uhr
Sprache: Deutsch
News-ID 3467
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