TIDMLOND

RNS Number : 0453L

London Mining Plc

01 July 2014

London Mining Plc

Quoted on London AIM (LOND LN)

("London Mining" or the "Company")

01 July 2014

BOARD CHANGE

As announced at London Mining's full year results, Non Executive Director, Luciano Ramos, retired from the Board with effect from 30 June 2014 after seven years with the company.

Graeme Hossie, Chief Executive, said "On behalf of all at London Mining, I would like to thank Luciano for his substantial contribution to building this company over the past seven years as both an executive and Non-executive director. Of particular note was Luciano's contribution to the rapid transformation of London Mining Brasil which was subsequently sold to Arcelor Mittal in 2008 and his contributions to helping design what is now a strong growing operation in Sierra Leone. We are happy to have his ongoing support as a shareholder and wish him well in his next endeavours."

Luciano Ramos said"I am very proud of the results my team and I were able to deliver at London Mining. Through my time as an executive and then non executive board member, I would like to thank all of you who have helped me during my journey at London Mining. Thank you for your support."

For more information please visit www.londonmining.com or contact:

 
 London Mining Plc 
  Graeme Hossie, Chief Executive Officer 
  Benjamin Lee, Chief Financial Officer 
  Thomas Credland, Head of Investor Relations     +44 (0)20 7408 7500 
 Liberum Capital (Nominated Advisor/Broker) 
  Richard Crawley / Tom Fyson / Ryan de Franck    +44 (0)20 3100 2000 
 J.P. Morgan Cazenove (Broker) 
  Ben Davies / Ignacio Borrell                    +44 (0)20 7742 4000 
 Brunswick Group LLP 
  Carole Cable / David Litterick                  +44 (0)20 7404 5959

About London Mining

London Mining is an expanding producer of high specification iron ore concentrate for the global steel industry and is focused on identifying, developing and operating sustainable mines. London Mining commenced production from its 100% owned Marampa Mine in Sierra Leone in 2011, producing 3.4Mwmt/a in 2013 and plans to expand the mine to a capacity of 6.5Mwmt/a. Marampa has sufficient resources to support a staged expansion to 20Mwmt/a. London Mining has also completed bankable feasibility studies outlining plans for a further 20Mwmt/a of iron ore production by developing mines in Greenland and Saudi Arabia. The Company listed on AIM in London on 6 November 2009. It trades under the symbols LOND.L (Reuters) and LOND LN (Bloomberg). More information about London Mining can be found at www.londonmining.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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