London Mining is incorporated and registered in the UK, and is developing mines to supply the global steel industry. The Company has iron ore mining, exploration and development projects located in Saudi Arabia, Greenland, Sierra Leone, Mexico and coal projects South Africa. In 2007, London Mining raised over US$125m in equity and US$60m in debt and in August 2008, the Brazilian iron ore mining operations was sold to Arcelor Mittal for US$809.9m. London Mining has off-take agreements in place with Chinese steel producers.

London Mining’s operation strategy is as follows:

• Complete a Definitive Feasibility Study on a 5mtpa concentration and pelletising facility at the Wadi Sawawin project in Saudi Arabia, as well as a major exploration programme on the Isua project in Greenland.
• Begin construction and production of 3mtpa of iron ore at the Company's Marampa tailings operation in Sierra Leone once Government approvals have been granted to use the port and railway.
• Develop the Company's El Artillero iron ore mine in Mexico into production.
• Complete the assessment of the new iron ore investment opportunity referred to above, with a view to establishing a balanced portfolio of assets with cash flow being generated over time to support the group's development activities.
• Continue to diversify London Mining's operations into coal. The Company has already entered into a conditional agreement to subscribe for up to 50.5% of the shares of DMC Energy (Pty) Ltd, with coal assets in Africa, and London Mining's new coal division is actively reviewing other potential acquisitions.

On 9 October 2007, London Mining listed on the Axess market of the Oslo Stock Exchange and is now trading under the Reuters symbol LOND.OL and Bloomberg symbol LOND:NO.