Labrador Iron Mines Reports Operating, Financial Results

Labrador Iron Mines Holdings Limited (TSX:LIM) reported its operating and financial results for the quarter ended September 30, 2012.

As quoted in the press release:


  • LIM demonstrated its mine-to-port operational ability to produce, rail and sell up to 250,000 tonnes of iron ore product per month from its James mine since commencing the 2012 operating season.
  • LIM mined approximately 962,000 tonnes of ore at a grade of 60.8% iron (“Fe”) for the three months ended September 30, 2012, which represents a 40% increase quarter-over-quarter.
  • LIM railed approximately 706,000 tonnes of ore to the Port of Sept-Îles during the quarter. In October, LIM surpassed a major milestone, having railed over two million tonnes to the Port of Sept-Îles since commencing mining operations in June 2011.

Click here to read the Labrador Iron Mines Holdings Limited (TSX:LIM) press release.  

Get the Latest Iron Investing Stock Information

Get the latest information about companies associated with Iron Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

“Do You Want To Know which Base Metal to Invest in 2017?”

Find out everything an investor needs to know about base metals with our all-in-one FREE market report on base metals investments.   Get My Free Report

Leave a Reply