11:03 AM EST - Labrador Iron Mines Holdings Limited : provided an update on its Schefferville Area iron ore mining operations and guidance on capital spending programs for the balance of 2012. August Operational Highlights; three shipments of iron ore sold in August totaling ~520,000 wet tonnes. Year to date, LIM has now sold seven shipments totaling 1.2 million wet tonnes of iron ore. In August, 275,000 wet tonnes were railed to the Port of Sept-Îles bringing the year to date total rail volume to 1.1 million wet tonnes. Labrador Iron Mines Holdings Limited
shares T. LIM are trading down $0.17 at $1.54.