Labrador Iron Begins 2012 Mining Season

Base Metals Investing

Labrador Iron Mines Holdings Limited (TSX:LIM) reported it began mining on April 2, 2012 at its James mine.

Labrador Iron Mines Holdings Limited (TSX:LIM) reported it began mining on April 2, 2012 at its James mine.

As quoted in the press release:

Ore mining operations at the James Mine commenced on April 2, 2012 and will continue throughout 2012, with planned total ore mined of between 2.5 to 3.0 million tonnes, together with approximately 3.5 million tonnes of waste.

It is expected that mining operations at James North and James South deposits will continue for the season until November, at a planned mining 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.

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

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