London Mining Plc DIRECTORATE CHANGE (9921W)

TIDMLOND

RNS Number : 9921W

London Mining Plc

04 February 2013

London Mining Plc

Quoted on London AIM (LOND LN)

("London Mining" or the "Company")

4 February 2013

DIRECTORATE CHANGE

London Mining today announces that Graham Mascall, Non-Executive Director, will not be standing for re-election to the Board at the Company's AGM later this year on 22 May 2013. He has therefore decided to stand down from the board following the announcement of the Company's 2012 year-end results on 21 March 2013, after three years as a non-executive director.

Dr. Colin Knight, London Mining's Chairman, said: "On behalf of the Board and shareholders I wish to thank Graham for his commitment to London Mining over these past three years and his invaluable expertise; we wish him all the best for the future. The Board will continue to evolve to fully reflect the development and growth of the Company."

Graham Mascall said: "I am pleased to have been part of London Mining's achievements to date, and wish the Company success in the future."

No further information is required for disclosure in respect of Rule 17 or Schedule 2 paragraph (g) of the AIM Rules for Companies.

For more information, please contact:

 
 London Mining Plc 
  Thomas Credland, Head of Investor Relations    +44 (0)20 7408 7500 
 Liberum Capital (Nominated Advisor/Broker) 
  Christopher Kololian                           +44 (0)20 3100 2000 
 J.P. Morgan Cazenove (Broker) 
  Ignacio Borrell / Ben Davies                   +44 (0)20 7742 4000 
 Brunswick Group LLP 
  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 bankable feasibility study was completed in 2012 on an expansion plan to 9Mtpa and a prefeasibility study was completed in 2011 which shows that Marampa has resources to support a staged expansion to over 16Mtpa. London Mining has also completed bankable feasibility studies outlining plans for a further 20Mtpa of iron ore production by developing mines in Greenland and Saudi Arabia. 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

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