Marampa, Sierra Leone
At London Mining It is vital we educate our workforce in an environment with no existing safety culture. To this end, all workers go through a safety induction before joining the team. On completing the training, they are given full personal protection equipment relevant to their work. Each worker wears a badge with basic safety rules and responsibilities on it and has had these points explained to them in detail. Every safety breach or event is recorded. Incidents are infrequent and decreasing.
London Mining acquired a 50% interest in China Global Mining Resources (BVI) Limited (“CGMR BVI”) in April 2009. The remaining 50% interest is held by Wits Basin Precious Minerals Inc. Also in April 2009, CGMR BVI, through its Hong Kong Subsidiary, CGMR, in turn completed its acquisition of the producing Xiaonanshan iron ore open pit mine and the Sudan concentrate processing plant through the acquisition of the two PRC companies Maanshan Xiaonanshan Mining Co. Ltd and Nanjing Sudan Mining Co. Ltd. XNS holds a licence incorporating two further adjacent operating mines (Sanbanqaio and Guqaio) and is undertaking a programme of resource definition and mine planning to consolidate the three mines into a single operation. CGMR signed a non-binding memorandum of understanding to acquire the neighbouring Sanbanqaio and Guqaio mines in August 2009, and has been conducting due diligence regarding such acquisition. Completion of any such acquisition requires CGMR to raise external finance.
Flooding are the most common form of natural disaster in the UK and are now part and parcel of the British winter months; widespread flooding happens at least once a year in the UK. Earlier this year, torrents of rain hit the UK, with Cumbria the worst-affected area; heavy, prolonged rainfall caused bridges and road networks to collapse and four people lost their lives. In 2007, Yorkshire was hit hard by floods and some people are still recovering from the destruction caused by the floods three years later; the floods killed six people and left hundreds of people homeless and thousands without electricity.
Flooding are the most common form of natural disaster in the UK and are now part and parcel of the British winter months; widespread flooding happens at least once a year in the UK. Earlier this year, torrents of rain hit the UK, with Cumbria the worst-affected area; heavy, prolonged rainfall caused bridges and road networks to collapse and four people lost their lives. In 2007, Yorkshire was hit hard by floods and some people are still recovering from the destruction caused by the floods three years later; the floods killed six people and left hundreds of people homeless and thousands without electricity.
