LIM Appoints President and COO


 
TIDMAYM 
 
18 November 2011 
 
                         Anglesey Mining plc [LSE:AYM] 
 
            LIM appoints new President and Chief Operating Officer 
 
Anglesey Mining's 33% owned associate Labrador Iron Mines Holdings Limited 
(TSX: LIM) is very pleased to report that it has appointed Rod Cooper as 
President and Chief Operating Officer with effect from December 1, 2011. 
 
Bill Hooley, currently President and Chief Operating Officer, will be appointed 
to the position of Vice Chairman and Director, and well as continuing his role 
as Chief Executive of Anglesey Mining PLC, LIM's largest shareholder. 
 
Rod Cooper - President and Chief Operating Officer 
 
Rod Cooper is currently Vice President and Senior Analyst - Mining with Dundee 
Securities, a position that he has occupied for two years. Prior to that he 
served for four years as Vice President Operations and Chief Operating Officer 
with Baffinland Iron Mines Corporation during its major development activities 
on the Mary River iron ore project on Baffin Island. 
 
Previously Rod has had a distinguished career in the mining sector with such 
other companies as Kinross, Homestake and Echo Bay in increasingly senior 
technical, operational and corporate management roles, including Vice President 
Technical Services with Kinross and Mine Superintendent, Eskay Creek Mine, with 
Homestake. 
 
Rod brings a wealth of experience to Labrador Iron Mines that will be vital as 
it is moves from the development stage to being a large iron ore mining 
company. Rod will be responsible for all operational aspects of the business 
including mining and processing, transport and ports. 
 
Rod Cooper has been granted options under the Company's Employee Stock Option 
Plan on 200,000 shares, exercisable at $6.35 per share for a period of five 
years and vesting quarterly over two years. 
 
Bill Hooley - Vice Chairman and Director 
 
Bill Hooley has been President and Chief Operating Officer of the Company since 
April 2007 and, together with a small senior management team, has directed the 
growth of the Company from a small exploration business, though the Company's 
IPO on the Toronto Stock Exchange, to being the newest and only independent 
iron ore producer in Canada. 
 
Since January 2006 he has also served as Chief Executive of Anglesey Mining plc 
of the United Kingdom which is LIM's largest shareholder. Bill Hooley will 
return to the United Kingdom to continue his role with Anglesey, and through 
his position as Vice Chairman and as a continuing Director of LIM will have 
oversight of new developments and ongoing product marketing, as well as 
providing general advice and guidance on the Schefferville projects. 
 
John Kearney, Chairman and Chief Executive of LIM commented: 
 
"We are very pleased that Rod Cooper, an experienced senior mining executive, 
has agreed to join us as President and Chief Operating Officer, as we 
transition from development into production. The skills he brings will be 
invaluable to LIM as we move forward with our mining and expansion plans. Rod 
will complement a number of other senior appointments that we have made this 
year, including Aiden Carey Senior Vice President Operations and Nathaniel 
Chouinard Senior Vice President Projects. 
 
I would like to thank Bill Hooley for his enormous contribution to the 
development of Labrador Iron Mines from early 2006, initially with Anglesey 
Mining and subsequently over the last four and a half years with LIM. Bill will 
continue to be involved with the Company in his new role as Vice Chairman and a 
Director, where he will work with senior management in overseeing the major 
activities planned for the Schefferville projects and any new corporate 
developments, as well as representing Anglesey Mining, the company's largest 
shareholder, on the board of directors. 
 
These appointments are very much a natural transition for the Company, that we 
have been putting in place for the past year, as the skills that were required 
during the early formative years need to be supplemented by a different set of 
skills and experience aligned to the particular requirements of an operating 
and growing mining company", added John Kearney. 
 
About Labrador Iron Mines Holdings Limited (LIM) 
 
LIM is engaged in the production and development of its 100% owned 
Schefferville Area direct shipping iron ore (DSO) properties in the Labrador 
Trough of western Labrador and northeastern Quebec. The Company commenced 
production from the James Mine in June 2011 following the successful 
construction and commissioning of the mine and Silver Yards processing plant 
earlier in the year, and began shipping high quality lump and sinter fine 
products to China in the fall of 2011. 
 
LIM contemplates mining in stages. The first phase of Stage 1 comprises the 
James Mine and the Silver Yard processing plant which is connected by a rail 
spur to the main Schefferville to Sept-Iles railway. Through a phased expansion 
program, LIM plans to grow its iron ore production through the subsequent 
development of adjacent deposits. 
 
For further information, please view the Company's website at 
www.labradorironmines.ca. 
 
About Anglesey Mining plc 
 
Anglesey Mining with its LSE main board listing is primarily focused on its 33% 
interest in Labrador Iron Mines (TSX: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 the Company's website at 
www.angleseymining.co.uk. 
 
For further information, please contact: 
 
Bill Hooley, Chief Executive +44 (0) 1492 541981 
 
Ian Cuthbertson, Finance Director +44 (0) 1248 361333 
 
Samantha Harrison / Shaun Whyte, Ambrian Partners Limited +44 (0) 2076 344700; 
 
Emily Fenton / Jos Simson, Tavistock Communications, +44 (0) 20 7920 3155 / +44 (0) 7788 554035. 
 
 
 
END
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