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IRON-ORE

First Marampa iron-ore shipment leaves Freetown

The first shipment of 49 656 t of iron-ore concentrate from Aim-listed London Mining’s Marampa operation, in Sierra Leone, had left the Port of Freetown, bound for Europe, the miner said on Wednesday. London Mining added that two more ships had...
1st February 2012
 
LEGAL ACTION

London Mining JV partner files $650m counterclaim

Aim-listed London Mining on Monday slammed a $650-million lawsuit by joint venture partner Wits Basin Precious Minerals as a tactic to avoid repaying its loan. Wits Basin has filed an answer and counterclaim in a Minnesota court, in the US,...
16th January 2012
 
PRECIOUS METALS

London Mining’s Sierra Leone iron-ore project 
on track to start production in 2011

Aim-listed iron-ore and coal miner and developer London Mining says production at its Marampa mine, in Sierra Leone, should start during the first quarter of 2011.
28th May 2010
 
COAL

Sable raises $125m for SA coal assets, eyes iron-ore

Aim-listed resources investment company Sable Mining has raised $125-million to further advance its South African coal assets and to acquire and develop other coal and iron-ore assets in sub-Saharan Africa. The company said in a statement to...
16th April 2010
 
IRON-ORE

London Mining lifts Greenland project’s resource by 65%

The total indicated and inferred resource of Aim-listed London Mining’s Isua iron-ore project, in Greenland, has increased to 951-million tons, compared with the previously reported 574-million ton resource. The company on Tuesday reported that...
9th March 2010
 
IRON-ORE

London Mining to study Marampa iron-ore expansion

Aim-listed London Mining plans to start work on potentially expanding the output at its Marampa iron-ore project, in Sierra Leone, to between five-million tons a year and eight million tons a year. The company told shareholders in a statement on...
29th January 2010
 
IRON ORE

Marampa construction decision before year-end - London

Aim-listed London Mining expects a decision on the construction of its Marampa project, in Sierra Leone, before the end of the year, following final ratification of fiscal incentives in the Sierra Leone Parliament. During the quarter ended...
12th November 2009
 
IRON ORE

London Mining, African Minerals settle Sierra Leone dispute

Africa-focused minerals development companies London Mining and African Minerals have settled their claims over the Marampa iron-ore property, in Sierra Leone, and have agreed on the boundaries of their respective areas. The companies had...
21st August 2009
 
IRON-ORE

Iron-ore-miner London says 2008 'historic' year

UK-based iron-ore miner London Mining on Friday reported that 2008 had proved a “historic year” for the company, wherein it completed a number of “transformational deals” in what the company called an “extremely” difficult...
28th November 2008
 
COAL

London Mining enters SA coal market with $120m acquisition

UK-based London Mining on Friday announced that it had expanded into the coal industry by signing an agreement with diversified exploration and mining company Delta Mining Consolidated (DMC), to acquire up to 50,5% of DMCs subsidiary, DMC Energy,...
8th August 2008
 
 
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