London Mining Company is pleased to announce that its contractor, Universal Services, has now completed the Company-sponsored Road Improvement Project, which has upgraded a number of roads that are vital to its operating community of Lunsar.
The work, which entailed an investment of USD 43,500 (Le 186,180,000), complements that which is being carried out by SALCOST under the auspices of the Government of Sierra Leone.
“As one of the largest investors in Sierra Leone, London Mining takes its civic responsibility very seriously,” said Dan Desjardins, Managing Director, London Mining Company. “We are committed to supporting the Government of Sierra Leone’s Agenda for Prosperity, which has set out to transform the national transportation landscape through an extensive road rehabilitation and reconstruction programme,” Desjardins continued. “We are thrilled to work alongside the Government to improve access to basic services and overall quality of life for the people of Lunsar.”
The Project involved the grading of road surfaces, shaping of side drains, filling of depressions and compacting of segments, totaling 20 kilometres, of Chendetha Road, Cemetery Road, Fofanah Street, Guadalupe Street, Faryomboh Street, Sebana Street, Madina Street and the Safecon Haul
Road link.
About London Mining Plc
London Mining Plc is an expanding producer of high specification iron ore concentrate for the global steel industry and is focused on identifying, developing and operating sustainable mines. It commenced sales from its 100% owned Marampa Mine (London Mining Company) in Sierra Leone in 2012 and expects to reach production capacity of 6.5Mwmt/a in 2014. Marampa has sufficient
resources to support a staged expansion to over 10.8Mwmt/a. London Mining Plc also completed bankable feasibility studies outlining plans for a further 20Mwmt/a of iron ore production by developing mines in Greenland and Saudi Arabia. London Mining Plc 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 Plc can be found at www.londonmining.com.
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