Third Quarter Financial Results & 2012 Production Outlook
February 15th, 2012 @ 11:00am ET
Speakers:
Mr. John Kearney, Chairman & CEO
Mr. Rod Cooper - President & COO
About the Company:
LIM is engaged in the production and development of its 100% owned Schefferville Area direct shipping iron ore (DSO) properties in the Labrador Trough of western Labrador and northeastern Quebec. The Company commenced production from the James Mine in June 2011 following the successful construction and commissioning of the mine and Silver Yards processing plant earlier in the year, and began shipping high quality lump and sinter fine products to China in the fall of 2011.
LIM contemplates mining in stages. The first phase of Stage 1 comprises the James Mine and the Silver Yard processing plant which is connected by a rail spur to the main Schefferville to Sept-Iles railway. Through a phased expansion program, LIM plans to grow its iron ore production through the subsequent development of adjacent deposits.
For further information, please view the Company's website at www.labradorironmines.ca.
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