Trading Statement - Labrador Iron Operations Approved


 
TIDMAYM 
 
14 September 2010      Anglesey Mining plc       LSE:AYM 
 
Labrador Iron Receives Approval for Mine Operations 
 
Anglesey Mining plc's 41% owned associate Labrador Iron Mines Holdings Limited 
(TSX:LIM) is pleased to announce that it has received the Certificate of 
Approval for Mine Operations from the Department of Environment and 
Conservation of the Government of Newfoundland and Labrador for the development 
and operation of its Schefferville Area Iron Ore Project in Western Labrador. 
 
The Approval covers operations for open-pit mining at James North, James South, 
Redmond 2B and Redmond 5 deposits; a beneficiation facility; ore, waste rock 
and overburden stockpiles; settling ponds; access roads; worker's camp and 
other associated works. 
 
Interim Rail Operating Permit 
 
LIM has also been notified by the Department of Transportation and Works of the 
Government of Newfoundland and Labrador that it has agreed to issue an Interim 
Operating Permit under the Rail Service Act for LIM's recently installed Rail 
Spur Line, which will facilitate rail transportation of goods and material 
directly to LIM's Silver Yard site for mine and plant construction. 
 
"Receipt of these two remaining operating permits marks the completion of the 
Environmental Assessment and Permitting Process for our Schefferville Area Iron 
Ore Project in Western Labrador," remarked John Kearney Chairman and Chief 
Executive. "Mobilization and construction are now well underway and we hope to 
complete construction of the plant and mine preparation prior to year end 
2010," added Mr. Kearney. 
 
About Labrador Iron Mines Holdings Limited (LIM) 
 
LIM's Schefferville Area project involves the development of twenty direct 
shipping iron ore deposits in western Labrador and north-eastern Quebec near 
Schefferville, Quebec. LIM's properties are part of the historic 
Schefferville area iron ore district where mining of adjacent deposits was 
previously carried out by the Iron Ore Company of Canada from 1954 to 1982. 
 
Labrador Iron Mines contemplates mining in four stages, the first phase of 
Stage 1 comprising the James and Redmond deposits, which are located in close 
proximity to existing infrastructure, and for which construction and operating 
permits have now been issued. 
 
About Anglesey Mining plc 
 
Anglesey Mining with its LSE main board listing is primarily focused on its 41% 
interest in LIM. In addition to any new projects that may be brought forward 
the company owns 100% of Parys Mountain in North Wales with an historical 
resource in excess of 7 million tonnes at over 9% combined copper, lead and 
zinc. 
 
For further information, please view LIM's website at www.labradorironmines.ca 
or contact: 
 
Bill Hooley, Chief Executive +44 (0) 1492 541981 
Ian Cuthbertson, Finance Director +44 (0) 1248 361333 
Emily Fenton/Charlie Geller, 
            Conduit PR +44 (0) 20 7429 6608 / +44 (0) 7788 554035 
 
 
 
END

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