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Mining season starts at Anglesey's 26%-held LIM James Mine

By BFN News | 03:16 PM | Tuesday 10 April, 2012


The mining season at Anglesey Mining's 26%-owned Labrador Iron Mines' James Mine began on 2 April and full scale mining operations are now under way. The first loaded iron ore train departed Silver Yards on 4 April for the Port of Sept-Iles travelling over the TSH and QNS&L railways. It is expected that mining operations at the James North and James South deposits will continue until November at a planned rate of approximately 15,000 tonnes of ore per day, using conventional open-pit mining methods and, where necessary employing standard drilling and blasting practices. At 3:16pm: (LON:AYM) Anglesey Mining share price was +0.88p at 21.75p Story provided by StockMarketWire.com