Business
Trading Statement - Labrador Iron Operations Ap...
Trading Statement - Labrador Iron Operations Ap....
About this update from Anglesey Mining Plc
[{"type":"text","content":"\n \n14 September 2010 Anglesey Mining plc LSE:AYM\n\nLabrador Iron Receives Approval for Mine Operations\n\nAnglesey Mining plc's 41% owned associate Labrador Iron Mines Holdings Limited\n(TSX:LIM) is pleased to announce that it has received the Certificate of\nApproval for Mine Operations from the Department of Environment and\nConservation of the Government of Newfoundland and Labrador for the development\nand operation of its Schefferville Area Iron Ore Project in Western Labrador.\n\nThe Approval covers operations for open-pit mining at James North, James South,\nRedmond 2B and Redmond 5 deposits; a beneficiation facility; ore, waste rock\nand overburden stockpiles; settling ponds; access roads; worker's camp and\nother associated works.\n\nInterim Rail Operating Permit\n\nLIM has also been notified by the Department of Transportation and Works of the\nGovernment of Newfoundland and Labrador that it has agreed to issue an Interim\nOperating Permit under the Rail Service Act for LIM's recently installed Rail\nSpur Line, which will facilitate rail transportation of goods and material\ndirectly to LIM's Silver Yard site for mine and plant construction.\n\n\"Receipt of these two remaining operating permits marks the completion of the\nEnvironmental Assessment and Permitting Process for our Schefferville Area Iron\nOre Project in Western Labrador,\" remarked John Kearney Chairman and Chief\nExecutive. \"Mobilization and construction are now well underway and we hope to\ncomplete construction of the plant and mine preparation prior to year end\n2010,\" added Mr. Kearney.\n\nAbout Labrador Iron Mines Holdings Limited (LIM)\n\nLIM's Schefferville Area project involves the development of twenty direct\nshipping iron ore deposits in western Labrador and north-eastern Quebec near\nSchefferville, Quebec. LIM's properties are part of the historic\nSchefferville area iron ore district where mining of adjacent deposits was\npreviously carried out by the Iron Ore Company of Canada from 1954 to 1982.\n\nLabrador Iron Mines contemplates mining in four stages, the first phase of\nStage 1 comprising the James and Redmond deposits, which are located in close\nproximity to existing infrastructure, and for which construction and operating\npermits have now been issued.\n\nAbout Anglesey Mining plc\n\nAnglesey Mining with its LSE main board listin...