London Mining (LOND) Share Price, News & Analysis

Company Overview

London Mining Plc is developing mines to supply the global steel industry. The Company has iron ore exploration and development projects located in Sierra Leone, Saudi Arabia, Greenland, China and Chile, and a coking coal project in Colombia. The Company's products include pellet feed, P1 sinter feed / P2 sinter/pellet and DR pellets. The Marampa mine is a 13.82 square kilometers brownfields site. The Company focuses to develop Marampa in two phases. The Wadi Sawawin Project is located in the north-west corner of Saudi Arabia, 125 kilometers from Tabuk and 60 kilometers from the Red Sea port of Duba. Greenland includes the Isua Project. Isua is located 150 kilometers Northeast of Nuuk. Isua will produce a 70% Fe pellet feed concentrate. As of December 31, 2010, London Mining had completed three seasons of exploration drilling on the Isua Project. In March 2010, it acquired the 80% of London Mining Colombia, formerly International Coal Company ICC, that it did not already own.

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Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Steel
• Current Symbol: LON:LOND
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• Phone: +44-20-74087500
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• Employees: 147,000
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