London Mining Plc reported production and sales results for the first quarter of 2013. For the quarter, the company reported production of 706,000 wmt iron ore concentrate against 315,000 wmt iron ore concentrate a year ago. Average daily production rate was 7,841 wmt/d against 3,467 wmt/d a year ago. Commissioning of the second plant has been completed and annualised capacity of 3.6 Mdtpa achieved for the combined processing operation. Grade temporarily fell during the quarter primarily due to the start up of the second plant but Fe grades have already reverted to around 65% Fe now production has been stabilised and calibration work concluded. For the quarter, Sales volumes of 589,000 wmt were achieved, a 52% increase on the previous quarter with Marampa iron ore continuing to capture a grade related premium relative to the Platts 62% Fe benchmark. The company provided production and sales guidance for 2013. For 2013, production of 3.3 to 3.6 Mdmt and sales guidance of 3.6 to 3.8 Mdmt maintained.

London Mining Plc, Q1 2013 Interim Management Statement Call, May 09, 2013

London Mining Plc Presents at Merrill Lynch 30th Annual Global Metals, Mining & Steel Conference, May-14-2013 . Venue: Hotel Arts, Marina 19 – 21, Barcelona 08005, Spain.