TECHNICAL TEAM ADDITIONS

London Mining is pleased to announce the appointment of John Wonnacott, as the Project Director for the Isua Project in Greenland and Rinaldo Nardi as Senior Specialist in Mineral Processing and Plant Design.

John Wonnacott is a civil and geotechnical engineer with 30 years experience with particular expertise in the development of projects in cold weather climates. Most notably between 1997 and 2003 John was the Deputy Project manager and Chief Engineer of the Diavik Diamond Mine in Canada where he hired, led and directed a team of engineers responsible for the design and construction of a $1.3 billion new mine installation 100 Km south of Arctic Circle.

Rinaldo Nardi is a mining engineer and is also a doctor in mineral engineering. He has 35 years experience including 25 years with Vale. Rinaldo has significant expertise of managing both iron ore and coal projects at the design, construction and start-up stages.

John and Rinaldo augment the project and technical services teams led by COO Luciano Ramos. Luciano's team has recently been expanded to provide support for the continued fast track development of projects in China, Sierra Leone, Saudi Arabia and Greenland.

In the last quarterly report London Mining announced the hiring of Phillip Sterling, a metallurgical engineer with over 25 years experience with Samarco Mineração Rio do Norte, Savage River Mines and BHP Billiton, as General Manager for Mineral Processing, Engineering & Mining Operations, and Sergio Guedes, a geologist with over 20 years experience and formerly with CVRD and Rio Tinto, as General Manager for Mineral Resources.  Separately, David Keili, a Sierra Leone national with extensive western training in the US including an MBA, and 28 years experience in civil engineering and mining, was appointed as Project Director for the Marampa Project in Sierra Leone.

Luciano Ramos said "The success of any company is directly linked with the competency and capability of its team. London Mining's investment in the right people has been the cornerstone of its success so far and we continue to build on our core of industry professionals with experience of some of the world's best mining projects. Our aim is to have a technical services and project management capability that will enable us to execute our ambition to become a leading mining company."

Mining

Mining is the extraction of valuable minerals or other geological materials from the earth, from an orebody, lode, vein, (coal) seam or reef, which forms the mineralized horizon and package of economic interest to the miner.
To gain access to the mineralised package withinthe lease area (aka Mining Rights Lease) it is often necessary to mine through(to create access, shafts, addits, ramps) or remove to the side waste materialwhich is not of immediate interest to the miner. The total movement of ore andwaste, which also includes the removal of soil in some cases, is referred to asthe mining process. Depending on the nature, attitude, and grade of theorebody, it is often the case that more waste than ore is mined during thecourse of the life of a mine

about Minnesota

Minnesota

Minnesota is a U.S. state located in the Midwestern United States. Minnesota was carved out of the eastern half of the Minnesota Territory and admitted to the Union as the thirty-second state on May 11, 1858. Known as the "Land of 10,000 Lakes", the state's name comes from a Dakota word for "sky-tinted water". Those waters, together with forests, parks, and wilderness areas, offer residents and tourists a variety of outdoor recreational opportunities.
Minnesota is the 12th most extensive and the 21st most populous of the U.S. states. Nearly 60% of its residents live in the Minneapolis-Saint Paul metropolitan area (known as the "Twin Cities"), the center of transportation, business, industry, education, government and home to an internationally known arts community. The remainder of the state consists of western prairies now given over to intensive agriculture; deciduous forests in the southeast, now cleared, farmed and settled; and the less populated North Woods, used for mining, forestry, and recreation.
Minnesota is known for its relatively mixed social and political orientations, and has a high rate of civic participation and voter turnout. Minnesota ranks among the healthiest states, and has a highly literate population. The large majority of residents are of Scandinavian and German descent. The state is known as a center of Scandinavian American culture. Ethnic diversity has increased in recent decades. Substantial influxes of Asian, African, and Latin American immigrants have joined the descendants of European immigrants and the original Native American inhabitants.

London Mining Developing Mines

London Mining  PLC (LOND.L)

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. London Mining had completed three seasons of exploration drilling on the Isua Project.

London Mining raises shares of Vits

London Mining Announcement.

London Mining Plc is pleased to announce its intention to issue between 14.5 and up to 17.8 million new shares in a private placement. The private placement is expected to generate gross proceeds of NOK 320 million, and is managed by Pareto Securities ASA.

Chris Brown, Managing Director of London Mining Plc, is pleased to announce that the Board has decided to increase the Company's equity base through a private placement of up to 17.8 million new shares in a book building process directed towards professional and institutional investors raising gross proceeds of up to NOK 320 million. Price range in the transaction has been set to NOK 18 to NOK 22. The purpose of the private placement is to finance the capital expenditure at the Company's wholly owned Marampa iron ore mine in Sierra Leone, and to fund general working capital requirements.

Minnesota and London

Geology of Minnesota
See also: List of lakes in Minnesota and List of Minnesota rivers

Tilted beds of the Middle PrecambrianThompson Formation in Jay Cooke State Park
Minnesota contains some of the oldest rocks found on earth, gneissessome 3.6 billion years old, or 80% as old as the planet.About 2.7 billion years ago, basaltic lava poured out of cracks in the floor of the primordial ocean; the remains of this volcanic rock formed the Canadian Shield in northeast Minnesota. The roots of these volcanic mountains and the action of Precambrian seas formed theIron Range of northern Minnesota. Following a period of volcanism 1.1 billion years ago, Minnesota's geological activity has been more subdued, with no volcanism or mountain formation, but with repeated incursions of the sea, which left behind multiple strata of sedimentary rock.

In more recent times, massive ice sheets at least one kilometer thick ravaged the landscape of the state and sculpted its current terrain. The Wisconsin glaciation left 12,000 years ago. These glaciers covered all of Minnesota except the far southeast, an area characterized by steep hills and streams that cut into the bedrock. This area is known as the Driftless Zone for its absence of glacial drift. Much of the remainder of the state outside of the northeast has 50 feet (15 m) or more of glacial till left behind as the last glaciers retreated. GiganticLake Agassiz formed in the northwest 13,000 years ago. Its bed created the fertile Red River valley, and its outflow,glacial River Warren, carved the valley of the Minnesota River. Minnesota is geologically quiet today; it experiences earthquakes infrequently, and most of them are minor.


Palisade Head on Lake Superior formed from a Precambrian rhyolitic lava flow.

The state's high point is Eagle Mountain at 2,301 feet (701 m), which is only 13 miles (21 km) away from the low of 601 feet (183 m) at the shore of Lake Superior. Notwithstanding dramatic local differences in elevation, much of the state is a gently rolling peneplain.

Two major drainage divides meet in the northeastern part of Minnesota in rural Hibbing, forming a triple watershed.Precipitation can follow the Mississippi River south to the Gulf of Mexico, the Saint Lawrence Seaway east to the Atlantic Ocean, or the Hudson Bay watershed to the Arctic Ocean.

STRATEGIC EXPANSION – IRON ORE JOINT VENTURE IN CHINA

London Mining is pleased to announce that, further to its press release made on 22 August 2008, it has now entered into a conditional subscription agreement with Wits Basin Precious Minerals Inc ("Wits Basin") to become a joint venture partner for its iron ore projects in the People’s Republic of China ("PRC"). Under the subscription agreement it has agreed to subscribe USD 39.25 million for 50% of the shares in the joint  venture company, China Global Mining Resources (BVI) Limited ("CGMR BVI"). It has also agreed to make a loan of USD 5.75 million to Wits Basin. The subscription and loan will be funded from London Mining's existing cash resources.

CGMR BVI has entered into certain escrow arrangements in the PRC in respect of the acquisition of two Chinese companies: Xiaonanshan Mining Co limited ("XNS") and Nanjing Sudan Mining Co limited ("Sudan"). The two companies operate iron ore mining and processing operations near Maanshan in the Anhui and Jiangsu Provinces in the PRC. It is a condition of completion of the acquisitions that CGMR will also be granted the right to acquire a further iron ore mining company, Maanshan Zhaoyuan Mining Co Ltd ("Matang"), which is owned by the sellers of XNS and Sudan. Cost reduction and expansion of the existing operations (targeting a run rate of 1.2mtpa production capacity during 2011), combined with a more focused marketing strategy are expected to ensure operating margins remain strong despite the near term outlook for lower commodity prices. The close proximity to local steel mills of the mines enables premium pricing due to the low transportation costs.
The completion of the subscription agreement with Wits Basin and the acquisition of XNS and Sudan are subject to certain closing conditions, including the receipt of business licence and permits relating to the transfer and the operation of the mining properties. It is anticipated that the acquisition of XNS and Sudan will complete by the end of the first quarter of this year.

Christopher Brown, Managing Director of London Mining said "This joint venture with Wits Basin is of great strategic importance to us and it should help to regenerate interest in our company. We will be one of the first western companies to own a profitable iron ore mine in China, a country which is the largest importer of iron ore in the world. The concentrates are of good grade and we expect premium pricing compared to other exporting producers to China, due to the much shorter transport distances to local steel mills. This deal not only is expected to give us solid cash flows, but also to give our company access to market intelligence on what really is happening to iron ore markets in China, as well as further iron ore mining opportunities in the region.”