IRON ORE DEVELOPMENT: LIM says plant to be ready by year-end

LABRADOR - Toronto-based Labrador Iron Mines Holdings says that construction of the accommodation and plant ar...

LABRADOR - Toronto-based Labrador Iron Mines Holdings says that construction of the accommodation and plant are on track to be completed by the end of calendar 2010. LIM is preparing the first of several direct-shipping iron ore deposits near Schefferville, QC, for production. Commercial production is expected in April 2011.

The company says all equipment and material required for plant construction is now on site, including the primary and secondary crushers, all conveyors, scrubbers, screens and stackers. The primary crusher ramp and retaining wall have been completed, as well as the foundation for the secondary crusher. All the piers for the conveyors have been installed including those leading to the radial stackers for final lump and sinter product, and to the secondary crusher. The steel structure for the secondary screens tower is complete and the chutes, stairs and flooring for the transfer tower are all installed.

The accommodation camp at Bean Lake is also advancing rapidly with sewer and water pipes installed and pads for the kitchen-recreation complex and accommodation trailers. By the end of October, the majority of units comprising dormitories, kitchen parts and containers will be on site with the remainder due in the following week and installation will follow immediately.

At the James deposit, timber cover over the North and South pits, the waste rock stockpile areas and the settling ponds have been cleared, enabling construction of the settling ponds and mine haul road which will begin shortly. Mine site preparation at the James deposit will be started requiring very little drilling or blasting, and it is expected that some ore will be mined this year and stockpiled ahead of the primary crusher.

Follow progress on the project by visiting www.LabradorIronMines.ca.

 

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