VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 9, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") reports that it has implemented a comprehensive cash preservation program that will allow the company to maintain a healthy working capital position into 2017 without the need to access equity or debt financing during the intervening period, aside from the financing required to commence [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 18, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that the Company received the 2014 Developer of the Year Award ("Award") from the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Newfoundland Branch. The Award is in recognition for significant progress in advancing a mine toward production; or for a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 13, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that Mr. Liu Jian, Chairman and General Manager of Hebei Iron and Steel Group ("HBIS" or "Hebei") International Trade Corp. and Mr. Wang Jinhui, President of HBIS International Holding (Canada) Co. Ltd. have joined the Alderon Board of Directors effective [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 2, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") reports that Newfoundland and Labrador Hydro ("Hydro"), a subsidiary company of Nalcor Energy ("Nalcor") has cleared 20 kilometers in preparation for the installation of a third transmission line from Churchill Falls to Labrador West (the "New Transmission Line"). The New Transmission Line [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 30, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") announces that it today received written notice that Ms. Diana Walters has recently left Liberty Metals and Mining Holdings, LLC ("LMM") and as such, has resigned from the Board of Directors of Alderon as LMM's appointee. In accordance with the terms of the Subscription Agreement dated [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 20, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") announces an update on the progress of its financing plan for the Kami Project. Alderon and BNP Paribas ("BNP") have mutually agreed to terminate the engagement of BNP Paribas as lead arranger of the senior debt financing facility for the construction of the Kami Project. Alderon has [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 30, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") reports that the nominees listed in the management information circular for the 2014 Annual and Special Meeting of shareholders were elected as directors of Alderon. Detailed results of the vote for the election of directors held at the Annual and Special Meeting on July 29, 2014 in [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 29, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has entered into an off-take agreement (the "Off-Take Agreement") with a subsidiary of Glencore plc ("Glencore"), with respect to an off-take transaction pursuant to which Glencore will [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 30, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") announces that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has completed the required engineering work in order to commence construction at the Kami Iron Ore Project ("Kami Project") located in western Labrador. The commencement of construction remains subject [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 11, 2014) - Alderon Iron Ore Corp. (TSX:ADV) (NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has signed a Life Cycle Services Agreement (the "Agreement") with Metso Minerals Canada, Inc. ("Metso") with respect to the development of the Kami Iron Ore Project ("Kami Project [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 29, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that it has appointed Mr. Ian R. Ashby, former President, Iron Ore of BHP Billiton Ltd. ("BHP Billiton") and Mr. W. Adrian Loader, former President and CEO of Shell Canada to the Board of Directors effective immediately. "We are thrilled to be adding the expertise [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2014) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has signed a Benefits Agreement (the "Agreement") with the Province of Newfoundland and Labrador with respect to the development of the Kami Iron Ore Project ("Kami Project") located in [...]