LIM Reports Second Quarter Financial Results

Labrador Iron Mines Holdings Limited (TSX:LIM) reported it has filed its unaudited financial statements and MD&A.

As quoted in the press release:

Highlights for the period ended September 30, 2011

• 723,000 tonnes of ore mined & trucked to Silver Yards during the half year including 212,000 tonnes of DRO at an average grade of 65% iron
• James mining operations reached 16,000 tonnes per day
• Silver Yards processing plant reached in excess of 8,000 tonnes per day
• Second phase plant expansion completed producing quality sinter fines
• Addition of a second train increases rail shipments

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