Labrador Iron Mines

Holdings Limited

TSX: LIM

 
 
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Investor Presentation

Fact Sheet

Share Information


Symbol TSX: LIM
Shares Issued 126,323,123
Current Price $0.035
52 Wk Hi-Lo $0.335 - $0.030
Volume (shs) 0
Market Cap. $4,421,309

What's New

November 14,2014

LIM Q2 Results


September 18, 2014

AGM Remarks by
John F. Kearney,
Chairman and CEO


September 18, 2014

Positive Drill Results on JV Howse Deposit with TSMC | Planning for Initial Production in 2016


Archived

July 30, 2014

LIM's First Quarter Results


Location Map

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Labrador Iron Mines (LIM) is a leader in the reactivation of the iron ore industry in the Schefferville/Menihek region, engaged in the mining, exploration and development of its portfolio of 20 direct shipping (DSO) deposits located in the prolific Labrador Trough. Production commenced at the James Mine and Silver Yards plant in 2011 and through to the end of its third operating year, the Company sold approximately 3.6 million dry tonnes (3.8 million wet tonnes) in 23 shipments of iron ore into the Chinese spot market.

LIM has not recommenced mining operations for the 2014 operating season due to a combination of the prevailing low price of iron ore in 2014, an assessment of the current economics of its deposits and a strategic shift in corporate focus towards establishing a lower cost operating framework, while concurrently negotiating the commercial terms of major contracts. The Company's focus for the remainder of 2014 is on seeking additional working capital and capital investment.

The LIM Advantage

 

Latest News

  • 20 Direct Shipping (DSO) iron ore deposits in western Labrador and Quebec
  • Extensive infrastructure in place from previous IOC operations including power, airport, roads, 565km of rail, deep sea port
  • Low capex open-pit mining, technically simple processing
  • High quality lump and fines products suitable for Asian and European markets
  • Growing resource and production profile, over 20+ year mine life
 



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