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Investor Presentation
Fact Sheet
Share Information
Common Shares
| Symbol |
TSX: LIM |
| Shares Issued |
126,200,807 |
| Current Price |
$0.580 |
| 52 Wk Hi-Lo |
$3.750 - $0.540 |
| Volume (shs) |
209,713 |
| Market Cap. |
$73,196,468 |
What's New
May 14, 2013
LIM Signs New Two Year Iron Ore Sales Agreement with IOC; US$35 Million
Off-take financing with
RB Metalloyd
March 12, 2013
LIM Announces Strategic Relationship with Tata Steel Minerals Canada
Archived
Q3 Conference Call & Webcast
Friday, February 15, 2013
at 11:00 am ET
Access the webcast link
Location Map
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Labrador Iron Mines (LIM) is Canada's newest iron ore producer with a portfolio of direct shipping (DSO) iron ore operations and projects located in the prolific Labrador Trough. Initial production commenced at the James Mine in June 2011, with the sale of 386,000 dry tonnes of iron ore recorded in our first start-up year. The first full production season commenced in April 2012 and LIM sold ten shipments totalling approximately 1.6 million dry tonnes of iron ore.
In April 2013, LIM commenced its third operating season and is currently targetting 1.75 to 2.0 million tonnes of saleable iron ore production this year.
The James Mine is connected by a direct rail link to the Port of Sept-Iles, Quebec. The project also benefits from established infrastructure including the town, airport hydro power and railway service. Starting with the James Mine and leading to the development of the expanding Houston flagship project, our objective is to provide shareholders with long-term value with a plan to increase production towards 5 million tonnes per year from a portfolio of 20 iron ore deposits in Labrador and Quebec, all within 50 kilometres of the town of Schefferville.
We are currently the only independently-owned iron ore producer listed on the Toronto Stock Exchange and trade under the symbol LIM.
The LIM Advantage |
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Latest News |
- 100% interest in 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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