TIDMLOND

RNS Number : 9393L

London Mining Plc

10 September 2012

London Mining Plc

Quoted on London AIM (LOND LN)

("London Mining" or the "Company")

10 September 2012

DIRECTOR PURCHASE OF COMMON SHARES

London Mining announces that Sir Nicholas Bonsor (Non Executive Deputy Chairman of the Company) notified the Company on 10 September 2012, that he had purchased 5,000 ordinary shares in the Company on the AIM market of the London Stock Exchange at 154 pence per share. Following this transaction, Sir Nicholas Bonsor holds 52,000 ordinary shares in the Company. Sir Nicholas Bonsor also holds options over 125,000 ordinary shares in the Company pursuant to the No 2 Share Option Plan.

For more information please visit www.londonmining.co.uk or contact:

 
 London Mining Plc 
  Graeme Hossie, Chief Executive Officer 
  Rachel Rhodes, Chief Financial Officer       +44 (0)20 7408 7500 
 Liberum Capital (Nominated Advisor/Broker) 
  Clayton Bush/Christopher Kololian            +44 (0)20 3100 2000 
 J.P. Morgan Cazenove (Broker) 
  Neil Passmore / Ignacio Borrell              +44 (0)20 7742 4000 
 Brunswick Group 
  Carole Cable / Rosheeka Field                +44 (0)20 7404 5959 
 

About London Mining

London Mining is an expanding producer of high specification iron ore for the global steel industry and is focused on identifying, developing and operating sustainable mines. London Mining commenced sales from the Marampa mine in Sierra Leone in 2012 and expects to reach production capacity of 5Mtpa in 2013. A prefeasibility study was completed in 2011 which shows that Marampa has resources to support a staged expansion of over 16Mtpa. London Mining has also completed bankable feasibility studies outlining plans for a further 20Mtpa of iron ore production by developing two other mines in Greenland and Saudi Arabia. London Mining is also producing from a coke operation with coking coal resource potential in Colombia. The Company listed on AIM in London on 6 November 2009. It trades under the symbols LOND.L (Reuters) and LOND LN (Bloomberg). More information about London Mining can be found at www.londonmining.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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