Operations at Marampa continue uninterrupted
(Thomson Reuters ONE) -
London Mining ("The Company") notes recent inaccurate media speculation relating
to the suspension of its operations at Marampa in Sierra Leone. Operations at
the site have not been suspended and we continue to develop Marampa in
accordance to our Mining Licence Agreement with the support of the Government of
Sierra Leone.
We remain committed to the highest international environmental standards and
will continue to work closely with all local agencies to ensure the sustainable
delivery of the Marampa project. Marampa will produce the first iron ore from
Sierra Leone in 25 years when production commences in the first half of 2011,
providing much needed employment and revenue for the country of Sierra Leone.
The Company's website can be found at www.londonmining.co.uk.
For more information, please contact:
London Mining Plc
Graeme Hossie, Chief Executive Officer +44 20 7201 5000
Rachel Rhodes, Finance Director
Thomas Credland, Head of Investor Relations
Liberum Capital (Nominated Advisor/Broker)
Clayton Bush/Ellen Francis +44 20 3100 2000
Crux Kommunikasjon AS
Charlotte Knudsen +47 97 56 19 59
Brunswick Group
Carole Cable / Daniel Thöle +44 20 7404 5959
About London Mining
London Mining is focused on identifying, developing and operating scaleable
mines to become a mid-tier supplier to the global steel industry. London Mining
is developing four iron ore mines in Sierra Leone, Saudi Arabia, Greenland and
China as well as a coking coal operation in Colombia. All London Mining's assets
have deliverable production with potential for expansion. The Company listed on
the Oslo Axess on 9 October 2007 and on AIM in London on 6 November 2009. It
trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO
(Bloomberg).
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1460662]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: London Mining Plc via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: hugin
Datum: 09.11.2010 - 18:23 Uhr
Sprache: Deutsch
News-ID 48592
Anzahl Zeichen: 2833
contact information:
Town:
London
Kategorie:
Business News
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"Operations at Marampa continue uninterrupted"
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London Mining Plc (Nachricht senden)
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