Alderon Iron Ore Corp.

Alderon Iron Ore Corp. is pleased to announce that it and The Kami Mine Limited Partnership welcome Mr. Zhou Wei as Vice President, Finance & Procurement of Kami LP. Since joining the Board of Directors at the Company’s AGM in Montreal this June, Mr. Zhou succeeded Mr. Wang Jinhui as the new President of HBIS International Holding Co. Ltd. , and is based in Vancouver, British Columbia. : Tayfun Eldem, President, CEO [...]

Alderon Iron Ore Corp. is pleased to announce that it and The Kami Mine Limited Partnership have received the results of the updated Feasibility Study on the Rose Deposit of the Kamistiatusset Iron Ore Project in western Labrador. The updated FS was completed by BBA Inc. , located in Montreal, Québec. The updated FS once again demonstrates the strong economics of the Kami Project which will produce a [...]

MONTREAL, July 12, 2018 -- Alderon Iron Ore Corp. is pleased to announce that it and The Kami Mine Limited Partnership have closed a previously announced loan facility with Sprott Resource Lending , a global leader in resource asset investments. Alderon used the funds received from the settlement with Newfoundland and Labrador Hydro, together with a portion of the US$14 million Loan Facility to repay the Liberty Metals [...]

MONTREAL, June 22, 2018 -- Alderon Iron Ore Corp. announced the appointment of new director Mr. Rolland Morier to the Company’s Board of Directors during the Annual General and Special Meeting of shareholders which took place on Thursday, June 21, 2018 in Montreal. “We are excited to have Mr. Morier join the Alderon board and we are looking forward to working with Rolland to strengthen existing partnerships [...]

MONTREAL, June 21, 2018 -- Alderon Iron Ore Corp. is pleased to announce that it and The Kami Mine Limited Partnership have entered into an agreement with Sprott Resource Lending , a global leader in resource asset investments, for a US$14 million loan facility . The Loan Facility will provide sufficient funds to repay the loan due to Liberty Metals & Mining Holdings, LLC and provide additional runway for Alderon to [...]

VANCOUVER, British Columbia, April 26, 2018 -- Alderon Iron Ore Corp. is pleased to announce that it has engaged BBA, Inc. to update the Feasibility Study on the Rose Deposit of the Kamistiatusset Iron Ore Property in Western Labrador. This FS will underpin Alderon’s renewed focus on project financing. Alderon has retained BBA, headquartered in Montreal, Quebec, to lead the study with input from other engineering [...]

VANCOUVER, British Columbia, April 17, 2018 -- Alderon Iron Ore Corp. is pleased to announce that Alderon’s Chief Executive Officer, Tayfun Eldem, successfully led a recent trip to China in support of the financing plan for the Kami Project. The trip consisted of several meetings with Chinese engineering firms and equipment suppliers as well as Chinese banking institutions and HBIS Group Co., Ltd. Alderon is focused [...]

VANCOUVER, British Columbia, April 04, 2018 -- Alderon Iron Ore Corp. is pleased to provide a corporate update to shareholders. Subsequent to Tayfun Eldem’s return to Alderon as President, Chief Executive Officer and Director, Alderon has re-established an office in Montreal, Quebec. In addition, Alderon recently launched a French version of its website in an effort to better engage with a broader Canadian audience [...]

VANCOUVER, British Columbia, April 03, 2018 -- Alderon Iron Ore Corp. is pleased to announce the re-appointment of Mr. John Baker to Alderon’s board of directors effective April 2, 2018. “We are excited to have Mr. Baker return to the Alderon board," stated President and CEO Tayfun Eldem, "and we are looking forward to working with John and Altius to move the Kami Project towards production.” Mr [...]

VANCOUVER, British Columbia, March 22, 2018 -- Alderon Iron Ore Corp. announces that it has been notified by Altius Minerals Corp. that Altius has agreed to acquire 18,797,454 common shares of Alderon, from Liberty Metals & Mining Holdings, LLC . After the conclusion of the transaction, Altius will own a total of 51,838,916 Common Shares, or approximately 39% of the issued and outstanding Common Shares on a partially [...]