Weak iron ore prices have not stopped Canadian junior miner Alderon Iron Ore Corp from de-risking its Kami project in Quebec’s Labrador Trough, Canada’s most active iron producing region. Today the company announced an off-take agreement with mining and metals super major Glencore PLC, whereby Glencore will acquire all of the production from the Kami project… Continue Reading

Last Thursday, Alderon Iron Ore (ADV:TSX) announced that the government of Labrador and Newfoundland had approved the building of third power line from Churchill Falls to Labrador West.  This meant that Alderon would be able to negotiate a power agreement with the government for their Kami iron ore project and represented a significantly positive step in… Continue Reading