CORRECTION: Royal re-opening of Dannemora Iron Ore Mine

The official re-opening of the Dannemora iron ore mine will take place on 13 June this year. King Carl XVI Gustaf will perform the official ceremony. "We are honoured that the King is coming to the inauguration," says CEO Staffan Bennerdt. "His visit means that the succession of Swedish kings visiting the Dannemora iron ore mine will remain unbroken. With the visit in June, Dannemora has played host to every Swedish king in the Bernadotte dynasty." The Dannemora iron ore mine will start operations in the second quarter according to plan, and in practice there is a good margin until the official opening. Customers, suppliers, government officials and politicians will be invited the inauguration, but it is also an event for the public. What makes the event extra special is that Dannemora is a modern mine in a historic setting. "We are the first of the many mining projects around Sweden," says Staffan Bennerdt. "And rightly so, as we were also early on the scene historically. The first documentation about the mine dates back to the 1400s." Two shifts of miners will be on site when the mine opens and a third of them will be women. This is a visible demonstration of the company's commitment to creating a new, modern working culture in an old industry. This is a traditional Swedish basic industry and the fact that such an undertaking has started at the beginning of the 21st century is historic in itself. It points to a continued strong future for Swedish mining industry thanks to new global demand.  Read Pressrelease below Press release 12 March 2012: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Dannemora Mineral AB via Thomson Reuters ONE [HUG#1593127]