London Mining is pleased to announce that, on 14 December, it was awarded the “Most Compliant Taxpayer of 2013” by Sierra Leone’s National Revenue Authority during its Annual Awards Ceremony at the Family Kingdom Hall. The Award recognizes the Company’s “timely filing of returns and prompt payment of taxes”.
Dan Desjardins, Managing Director, London Mining Company, said, “As one of the largest investors, employers and tax payers in Sierra Leone, London Mining takes its fiscal responsibility very seriously.”
“By fulfilling our tax obligations, we contribute significantly to the Government of Sierra Leone’s Agenda for Prosperity; which, in turn, is helping build the physical and social infrastructure for long-term growth of the country,” Desjardins continued. “We thank the National Revenue Authority for recognising our commitment to work together.”
In 2012, London Mining was also awarded “Sierra Leone Taxpayer of the Year” by the National Revenue Authority.
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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