July 28, 2016 1:52 AM ET

Metals and Mining

Company Overview of London Mining Plc

Company Overview

London Mining Plc identifies, develops, and operates iron ore mines for the steel industry in the United Kingdom and internationally. It holds a 100% interest in the Isua project located in Greenland; and a free carried 25% interest in the Wadi Sawawin iron ore deposit located in Saudi Arabia. The company was founded in 2005 and is headquartered in London, the United Kingdom. On October 16, 2014, London Mining PLC entered into administration.

Nations House

103 Wigmore Street

London,  W1U 1QS

United Kingdom

Founded in 2005

1,597 Employees

Phone:

44 20 7408 7500

Fax:

44 20 7647 4440

Key Executives for London Mining Plc

London Mining Plc does not have any Key Executives recorded.

London Mining Plc Key Developments

Timis Mulls Acquisitions Of Iron Ore Mine In Sierra Leone From London Mining

Timis Corporation is looking to buy iron ore mine in Sierra Leone from London Mining Plc (AIM:LOND). Timis has finalised a $20 million funding agreement with Australia's Cape Lambert Resources Ltd to help him acquire the Marampa mine. A spokesman for Timis Mining confirmed that the company was interested in acquiring the Marampa mine, but he did not give any further details. A spokesman for London Mining declined immediate comment to Reuters.

London Mining Plc(AIM:LOND) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index

London Mining Plc(AIM:LOND) dropped from MSCI Acwi + Frontier Markets(acwi Fm) All Cap Index

London Mining Reportedly Under Sale Talks

London Mining Plc (AIM:LOND) is reportedly in talks concerning the potential sale of its Marampa iron ore mine. London Mining was forced to appoint administrators from PwC last week and is now in discussions with JSW Steel Ltd. (BSE:500228) and Timis Corporation, which are both interested in buying the Marampa operation.

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Recent Private Companies Transactions

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