Latest Alderon Iron Ore Corp (AXX) Headlines
Alderon Concludes Power Purchase Agreement for the Kami Project
Marketwire - Tue Feb 25, 8:05AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is pleased to announce that it has satisfied the remaining conditions for the confirmed power supply for the Kami Iron Ore Project ("Kami Project"), as its affiliate The Kami Mine Limited Partnership ("Kami LP") has entered into a Power Purchase Agreement and security agreement (the "Security Agreement") with Newfoundland and Labrador Hydro ("NLH"), a subsidiary company of Nalcor Energy ("Nalcor"). Additionally, in order to fund the first security deposit required under the Security Agreement, Kami LP has received a $22.0 million loan from Liberty Metals & Mining Holdings, LLC ("LMM").
Alderon Iron Ore (AXX) Falls: Stock Goes Down 4.9% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 7:36AM CST
Alderon Iron Ore (AXX) falls 4.9% in last trading session, reversing its recent uptrend as the stock is now up over 9% in the past fortnight.
Alderon Iron Ore Corp.: Kami Project Receives Positive Environmental Assessment Decision from Federal Minister of Environment and Changes to the Board Take Effect
Marketwire - Wed Feb 19, 5:31AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is extremely pleased to announce that the Federal Government of Canada has issued the Notice of the Minister of Environment's Environmental Assessment Decision Statement for the Kami Iron Ore Project ("Kami Project") in western Labrador.
IIROC Trade Resumption - ADV (all issues)
CNW Group - Thu Feb 13, 2:35PM CST
Trading resumes in:
IIROC Trade Resumption - Alderon Iron Ore Corp.
Newsfile Corp - Thu Feb 13, 2:23PM CST
Trading resumes in:
IIROC Trading Halt - ADV
CNW Group - Thu Feb 13, 2:22PM CST
The following issues have been halted by IIROC:
Alderon Iron Ore Corp.: Commitment to Construct Transmission Line Marks a Significant Milestone
Marketwire - Thu Feb 13, 2:16PM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is pleased that the Government of Newfoundland and Labrador has today confirmed that it will proceed with the construction of a third transmission line from Churchill Falls to Labrador West (the "New Transmission Line"). Nalcor has previously confirmed that it would be able to supply power to the Kami Iron Ore Project ("Kami Project") (see January 10, 2013 news release) but the New Transmission Line is necessary to ensure there is enough transmission capacity to deliver the power to the Kami Project. The confirmation regarding the New Transmission Line paves the way for the conclusion of the Power Purchase Agreement which is the remaining condition for a confirmed power supply for the Kami Project.
IIROC Trade Halt - Alderon Iron Ore Corp.
Newsfile Corp - Thu Feb 13, 2:14PM CST
The following issues have been halted by IIROC:
Alder Announces Changes to Its Board of Directors and Shares for Debt Settlement
Marketwire - Fri Jan 31, 4:02PM CST
Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE: ALR) announces that Mr. Allan Polk has joined its board of directors.
Alderon Places Orders for Additional Long Lead Items
Marketwire - Tue Jan 28, 5:31AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is pleased to announce that it has placed orders for the next round of long lead items for its Kami Iron Ore Project ("Kami Project") in western Labrador.
Alderon Signs Agreement with Town of Labrador City
Marketwire - Fri Jan 24, 5:31AM CST
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 an Agreement (the "Agreement") with the Town of Labrador City ("Labrador City") with respect to the development of the Kami Iron Ore Project ("Kami Project") located in western Labrador. The Agreement provides Labrador City with additional revenue which will help to deal with the demands of anticipated growth in the region and strain on aging infrastructure.
Alderon and the Innu Nation of Labrador Sign Impacts and Benefits Agreement
Marketwire - Thu Jan 23, 5:31AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") and the Innu Nation of Labrador ("Innu Nation") are pleased to announce that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has signed an Impacts and Benefits Agreement ("IBA") with respect to the development of the Kami Iron Ore Project ("Kami Project") located in western Labrador. The IBA is a life-of-mine agreement that establishes the sharing of benefits that will ensure a continued positive relationship between the Innu Nation and the Kami LP. The IBA represents full and final settlement to the Innu Nation.
China Shale Gas Sector Analysis
M2 - Thu Jan 16, 6:05AM CST
China is basking in the glory of its recent world's largest shale finds. With almost 25% more reserves than the United States, China is dreaming about an even bigger energy revolution than the one seen in America. If estimates are to be believed then this 1,275 Trillion Cubic Feet of shale gas reserves found in China will last for about 300 years at the present rate of production and consumption. Since Chinese shale gas scenario is in its early years, the future is large and as of now looks promising. The practical production currently is zero, with a couple of experimental wells producing only 10,000 meters of gas per day but nothing substantial.
Alderon Concludes Power Purchase Agreement for the Kami Project
Marketwire - Tue Feb 25, 8:05AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is pleased to announce that it has satisfied the remaining conditions for the confirmed power supply for the Kami Iron Ore Project ("Kami Project"), as its affiliate The Kami Mine Limited Partnership ("Kami LP") has entered into a Power Purchase Agreement and security agreement (the "Security Agreement") with Newfoundland and Labrador Hydro ("NLH"), a subsidiary company of Nalcor Energy ("Nalcor"). Additionally, in order to fund the first security deposit required under the Security Agreement, Kami LP has received a $22.0 million loan from Liberty Metals & Mining Holdings, LLC ("LMM").
Alderon Iron Ore (AXX) Falls: Stock Goes Down 4.9% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Feb 19, 7:36AM CST
Alderon Iron Ore (AXX) falls 4.9% in last trading session, reversing its recent uptrend as the stock is now up over 9% in the past fortnight.
Alderon Iron Ore Corp.: Kami Project Receives Positive Environmental Assessment Decision from Federal Minister of Environment and Changes to the Board Take Effect
Marketwire - Wed Feb 19, 5:31AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is extremely pleased to announce that the Federal Government of Canada has issued the Notice of the Minister of Environment's Environmental Assessment Decision Statement for the Kami Iron Ore Project ("Kami Project") in western Labrador.
IIROC Trade Resumption - ADV (all issues)
CNW Group - Thu Feb 13, 2:35PM CST
Trading resumes in:
IIROC Trade Resumption - Alderon Iron Ore Corp.
Newsfile Corp - Thu Feb 13, 2:23PM CST
Trading resumes in:
IIROC Trading Halt - ADV
CNW Group - Thu Feb 13, 2:22PM CST
The following issues have been halted by IIROC:
Alderon Iron Ore Corp.: Commitment to Construct Transmission Line Marks a Significant Milestone
Marketwire - Thu Feb 13, 2:16PM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is pleased that the Government of Newfoundland and Labrador has today confirmed that it will proceed with the construction of a third transmission line from Churchill Falls to Labrador West (the "New Transmission Line"). Nalcor has previously confirmed that it would be able to supply power to the Kami Iron Ore Project ("Kami Project") (see January 10, 2013 news release) but the New Transmission Line is necessary to ensure there is enough transmission capacity to deliver the power to the Kami Project. The confirmation regarding the New Transmission Line paves the way for the conclusion of the Power Purchase Agreement which is the remaining condition for a confirmed power supply for the Kami Project.
IIROC Trade Halt - Alderon Iron Ore Corp.
Newsfile Corp - Thu Feb 13, 2:14PM CST
The following issues have been halted by IIROC:
Alder Announces Changes to Its Board of Directors and Shares for Debt Settlement
Marketwire - Fri Jan 31, 4:02PM CST
Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE: ALR) announces that Mr. Allan Polk has joined its board of directors.
Alderon Places Orders for Additional Long Lead Items
Marketwire - Tue Jan 28, 5:31AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") is pleased to announce that it has placed orders for the next round of long lead items for its Kami Iron Ore Project ("Kami Project") in western Labrador.
Alderon Signs Agreement with Town of Labrador City
Marketwire - Fri Jan 24, 5:31AM CST
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 an Agreement (the "Agreement") with the Town of Labrador City ("Labrador City") with respect to the development of the Kami Iron Ore Project ("Kami Project") located in western Labrador. The Agreement provides Labrador City with additional revenue which will help to deal with the demands of anticipated growth in the region and strain on aging infrastructure.
Alderon and the Innu Nation of Labrador Sign Impacts and Benefits Agreement
Marketwire - Thu Jan 23, 5:31AM CST
Alderon Iron Ore Corp. (TSX: ADV)(NYSE MKT: AXX) ("Alderon" or the "Company") and the Innu Nation of Labrador ("Innu Nation") are pleased to announce that The Kami Mine Limited Partnership ("Kami LP"), an affiliate of Alderon, has signed an Impacts and Benefits Agreement ("IBA") with respect to the development of the Kami Iron Ore Project ("Kami Project") located in western Labrador. The IBA is a life-of-mine agreement that establishes the sharing of benefits that will ensure a continued positive relationship between the Innu Nation and the Kami LP. The IBA represents full and final settlement to the Innu Nation.
China Shale Gas Sector Analysis
M2 - Thu Jan 16, 6:05AM CST
China is basking in the glory of its recent world's largest shale finds. With almost 25% more reserves than the United States, China is dreaming about an even bigger energy revolution than the one seen in America. If estimates are to be believed then this 1,275 Trillion Cubic Feet of shale gas reserves found in China will last for about 300 years at the present rate of production and consumption. Since Chinese shale gas scenario is in its early years, the future is large and as of now looks promising. The practical production currently is zero, with a couple of experimental wells producing only 10,000 meters of gas per day but nothing substantial.
