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    Alderon Res. - Eisenerzexplorer mit Zukunft? - 500 Beiträge pro Seite

    eröffnet am 15.07.10 11:48:53 von
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    ISIN: CA01434T1003 · WKN: A1JL1G · Symbol: AXXDF
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      Avatar
      schrieb am 15.07.10 11:48:53
      Beitrag Nr. 1 ()
      Vor 2 Tagen habe ich CEO von Alderon Res., ein Eisenerzexplorer aus Kanada (Labrador - Quebec), in Zürich getroffen. Seine Property liegt grob in der gleichen Gegend wie z.B. 2 Liegenschaften von Champion Minerals, wo ich auch mal einen Thread eröffnet habe und wo sich die Aktie seit damals wunderbar entwickelt hat. Das mit in der gleichen Gegend muss man natürlich auf die Grösse von Kanada beziehen :)

      Bezüglich der Infrastruktur, und das ist bezüglich des Transportes des schweren Eisenerzes und der grossen Volumina entscheident, scheint es hier etwas planbarer zu sein als bei Champion Minerals. Champion Minerals hat zwar auch eine Bahnlinie gleich in der Nähe, aber die gehört ArcelorMittal und wenn die nicht wollen, dann wird keine einzige Tonne darüber transportiert, zumindest was diese beiden Properties betrifft. Bei Alderon schaut es etwas anders aus. Dort ist man nicht weit weg von einer Eisenbahnlinie, die noch Kapazitäten frei hat und die auch nicht privat ist, d.h. hier ist man nicht auf das Wohlwollen von jemandem angewiesen.

      Vom Managementteam waren einige bei Consolidated Thompson in der gleichen Region und auch im Eisenerzbereich. Diese Liegenschaft haben die erfolgreich exploriert und alles bis zum Produktionsstart unter ihrer Verantwortung gehabt. Es ist nicht selten so, dass sich beim Wechsel vom Explorer zum Produzenten auch das Management ändert, obwohl das alte Management erfolgreich gearbeitet hat. Als Produzent sind beim Management ganz andere Qualitäten gefragt. Das alte Management sucht sich dann wieder ein neues Projekt, was aussichtsreich ist und exploriert werden muss.

      Die Firma sucht im Moment auch kein Geld und hat noch, wenn ich es richtig weiss rund 14 Mio. CAD in der Kasse. Allgemein rechnet man mit einem Produktionsstart in 18 Monaten - der CEO denkt aber, dass man es evtl. schon 12 Monaten schaffen könnte.

      Bezüglich der erwarteten niedrigen Abbaukosten, kein Transportproblem und zumindest rund 500 Mio. Tonnen Eisenerz scheint Alderon zumindest einen Blick wert zu sein.

      Kennt jemand von Euch die Firma und hat weitere Infos? Der Kurs ist erst massiv angestiegen und hat sich jetzt wieder ca. gedrittelt, u.a. musste aber auch ein investierter Fonds zwangsliquidiert werden und der hatte nicht wenige Stücke im Buch.
      Avatar
      schrieb am 15.07.10 12:33:36
      Beitrag Nr. 2 ()
      Antwort auf Beitrag Nr.: 39.824.743 von Smallcappicker am 15.07.10 11:48:53moin

      14,5 Mio Cad zum 30.06 sollten für das Explorationsprogramm 2010 reichen. geplant war ein Kapitaleinsatz von 7 Mio

      Im ersten Qt nächsten Jahres will adv die Resource Estimate & Scoping
      Study anfertigen. Danach sollen noch weitere Infrastruktur Veränderungen kommen.
      Im Prinzip müssten die den Weg schaffen, sollten nicht naturbedingte Behinderungen kommen. Auf den Innuitstreit in Kanada sollte man auch die Augen drauf haben. Bisher sind nur 2 Gesellschaften (Produzenten) betroffen. Eskaliert dies noch weiter könnte das den Plan etwas verlängern. Geld gewinnt am Ende meistens.

      Durch das knowhow von CT im Konstruktion und Explorationsbereich plus zusätzlich Simon Marcotte der mal bei CIBC war und daher die Finanzierungen+ Marketing übernimmt, sollte die noch gut laufen. Über den Weg werden dann auch die BBs kommen.

      ich finde sie immer noch einen Tick zu teuer. FD Mk etwas über 80 Mio cad. ist schon länger auf der Watch zum 4 QT 2010 sollte sie meiner Ansicht nach noch billiger sein. Die Shares aus der "Ipo" müssen raus. jetzt würde ich nur mit ner echt kleinen zu Preisen unter 90 cent rein gehen lieber noch 80cent. Im Laufe des nächsten Jahres sollte es aber dann egal sein ob unter 80 oder 90 cent.
      Avatar
      schrieb am 15.07.10 13:01:23
      Beitrag Nr. 3 ()
      Antwort auf Beitrag Nr.: 39.824.743 von Smallcappicker am 15.07.10 11:48:53Mal ne kurze Frage an Euch.
      Was haltet Ihr von Advanced Exploration, ebenfalls Eisenerz und nahe Tiefseehafen.
      Marktkap. ca. 14 Mio. CAD.
      Mich wuerde einfach Eure Meinung interessieren, ich will keinesfalls von Alderon ablenken!
      Avatar
      schrieb am 15.07.10 15:27:14
      Beitrag Nr. 4 ()
      Antwort auf Beitrag Nr.: 39.825.055 von stargold123 am 15.07.10 12:33:36Vielen Dank für Deine Einschätzung. Bei den Aktien sind noch knapp 32 Mio. Aktien für Altius auszugeben, denen die Property gehört hat. das macht den grossen sprung aus, sonst ist die Marktkapitalisierung erheblich niedriger.

      In einer (hoffentlich) aktuellen Präsentation habe ich 36097183 Aktien als ausgegeben stehen und Fully Diluted (FD) 73861674 Aktien. Also ausser Altius gehts nur noch um weitere ca. 6 Mio. mögliche Aktien aus Optionen und Warrants.
      Avatar
      schrieb am 15.07.10 15:32:39
      Beitrag Nr. 5 ()
      Hallo,
      der mögliche Produktionsstart scheint mir doch sehr optimistisch.
      Ich tippe da eher auf 2-3 Jahre. Machbarkeitsstudie steht noch aus, danach Finanzierung und danach erst Aufbau der Mine.
      Aber grundsätzlich ineressanter Wert.

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      Avatar
      schrieb am 15.07.10 15:34:55
      Beitrag Nr. 6 ()
      Antwort auf Beitrag Nr.: 39.825.217 von ooy am 15.07.10 13:01:23Sagt mir bisher nichts. Ich versuche i.d.R. das Management zu treffen und dann kann man manchmal das eine oder andere auch noch über Wallstreet Online zusätzlich erfahren. Entweder existiert schon ein Thread oder man mach einen neu auf, so kommen nochmal positive und kritische Gedanken dazu. Manchmal kennt man auch eine andere Firma aus der Gegend oder der Branche und kann auch da nochmal nachfragen - hier muss man natürlich aufpassen welche Interessen die Gefragten haben :)

      Sorry, dass ich Dir hier nicht weiterhelfen kann, aber vielleicht liesst es ja noch jemand anderer oder es gibt dort einen Thread oder Du machst einen auf.
      Avatar
      schrieb am 15.07.10 15:47:35
      Beitrag Nr. 7 ()
      das wird doch wie z.B. CHm, ELO etc so ne Art sitting Duck.
      Avatar
      schrieb am 15.07.10 16:57:23
      Beitrag Nr. 8 ()
      Antwort auf Beitrag Nr.: 39.826.279 von Smallcappicker am 15.07.10 15:34:55Danke Dir.
      Avatar
      schrieb am 15.07.10 19:38:14
      Beitrag Nr. 9 ()
      Antwort auf Beitrag Nr.: 39.826.219 von Smallcappicker am 15.07.10 15:27:14schon. meinte eher die konso aus dem doch recht sportlichen Anfang der Aktie. Da werden auch noch ein paar drin sitzen, die denken die Kurse kommen schnell wieder. Im Herbst kommt imho noch mal ein Gesamtmarktcrash.Denke/Hoffe das sie im Zuge dessen noch mal einige % abgibt
      Avatar
      schrieb am 15.07.10 19:43:26
      Beitrag Nr. 10 ()
      Antwort auf Beitrag Nr.: 39.826.261 von christian76 am 15.07.10 15:32:39ich meine die hatten zum Start cash in Höhe von 16 Mio cad, jetzt wie gesagt 14,5. 2 Mios sind von den geplanten 7 schon drin. D.h. das rund 9 mio cad in 2011. Studie und Minenbau sollen in 2011 realisiert werden.

      Wie in der Einleitung schon steht, haben die meisten im Team bereits auf den Gebieten gearbeitet und wissen was drin ist, was kostet und wie es umzusetzen ist. Die weitere Finanzierung wird denke ich im Frühjahr zustande kommen.

      jetzt sind die Kurse zwar höher, aber es ist schwer die jetzt zu stemmen. logischerweise wird sie noch was runter gehen. Das wissen auch die Großen.
      Avatar
      schrieb am 16.07.10 13:40:19
      Beitrag Nr. 11 ()
      :look:
      Avatar
      schrieb am 10.08.10 00:33:49
      Beitrag Nr. 12 ()
      Coverage(not rated):
      www.alderonmining.com/_resources/analyst/2010-07-28-Jennings…


      CATALYSTS

      + Ongoing release of drill results from the 2010 drill program.

      + Release of updated resource estimate after completion of the 2010 drill program, which is targeting 400 to 500 million tonnes of resources.

      + Release of the scoping study being completed in conjunction with the updated resource estimate, which will include details of metallurgical testing currently being undertaken.

      + The Company has stated its intention to make a "production decision" within 18 months (i.e. by the end 2011).


      RISKS

      + Procedural delays in granting environmental approvals.

      + Governmental delays in granting the many permits and licences.

      + Unknown metallurgical characteristics.

      + Large iron ore projects require financing, of which a significant portion frequently comes from negotiating an offtake agreement. Securing an offtake partner for the project will likely be critical to securing project financing or other partnerships.

      + Successful iron ore projects require access to rail and port facilities and completion of the necessary agreements securing Alderon's access is crucial to the project's success. We note that currently-available rail and port facilities are owned by Alderon's iron ore competitors in the region. ...
      Avatar
      schrieb am 11.08.10 04:36:42
      Beitrag Nr. 13 ()
      Bohrprogramm etwas ausgeweitet(inkl. 2neuer Bohrgeräte; now5) -On the Top 656m, direkt vom Boden weg. Man steht bei 27% des Bohrprogramms ´10, noch ist´s für meinen Geschmack nichts. 1ste Ergebnisse in ~2Wochen erwartet etc.pp. :

      Alderon Provides Update on Kami Drill Program - Aug 10, 2010
      www.marketwire.com/press-release/Alderon-Provides-Update-on-…
      www.alderonmining.com/_resources/kami/2010_Diamond_Drilling.…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK SHEETS:ALDFF) ("Alderon") is pleased to announce that it has completed a total of 6,824 meters (m) in 20 drill holes to date on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Of the 20 completed holes, 19 holes intersected iron oxide mineralization. The most notable hole is K-10-27, which commenced in iron formation from surface and continued to intersect mineralization to a length of 656m. Assay results for the first set of holes are expected within the next 2 weeks.


      All 20 holes have been focused on the Central Rose Lake Target and represent 27% of the total drill program planned for 2010. The Central Rose Lake drilling is expected to be completed by the end of August. Drilling will then focus on the Mills Lake Target and the areas just north and south of the Central Rose Lake Target.

      A new zone, the SW Rose Target, is the southwest extension of the Central Rose Lake Target and will also be drill tested this year. This zone has a prominent linear and relatively wide magnetic anomaly that extends over 1.5 km into Quebec. To test the zone, the 2010 drill program has been expanded from 20,000m to 25,000m. This increase in drilling will be achieved by adding 2 extra drills to the program, for a total of 5 drills turning on the property by the end of September 2010.


      The current drill plan map is posed on the Alderon website at: http://www.alderonmining.com/_resources/kami/2010_Diamond_Dr…


      Expansion of Property

      An additional 92 claims were staked to the east of, and contiguous to, the Kami Property. These new claims cover an area for future production facilities including the proposed tailings/conveyor area. The northern boundary of these new claims border the Wabush Mines claims that belong to Cliffs Natural Resources, as well as claims belonging to Rio Tinto Exploration. Bell Geospace will conduct an airborne gravity survey over the new claims for condemnation and first pass exploration testing in mid-September.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is slated for near term production. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. "
      Avatar
      schrieb am 16.08.10 16:09:37
      Beitrag Nr. 14 ()
      Alderon Appoints Former Iron Ore Company Mine Manager as COO - Aug 16, 2010
      www.marketwire.com/press-release/Alderon-Appoints-Former-Iro…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 16, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the appointment of Matt Simpson as Chief Operating Officer, effective as of mid-September. Mr. Simpson has spent the past 8 years working for the Iron Ore Company of Canada ("IOC"), a RioTinto subsidiary, most recently as Mine General Manager. He holds a MBA as well as a B.Sc. in Chemical Engineering both from Queen's University. Mr. Simpson will be based out of the Toronto Forbes and Manhattan office.

      Prior to joining IOC, Mr. Simpson worked as a process engineer for Hatch designing and debottlenecking metallurgical refineries around the world. In 2002, he joined the IOC where he has held several progressive roles in Business Evaluation, Operations Planning, Continuous Improvement and for the past three years as Mine General Manager. His work with the IOC took place at their Carol Lake Iron Ore Deposit in Labrador, located only 18km north of Alderon's Kami Project. Hence, Mr. Simpson not only has extensive experience in mine design, operations and project management, he also has a great deal of knowledge working within the Labrador Trough.

      "We are very pleased that Matt has joined our team," says Stan Bharti, Executive Chairman of Alderon. "His education and professional background, especially his work experience with the IOC, will be invaluable in the development of the Kami Iron Ore Project."

      Matt Simpson states, "I'm very excited to be joining Alderon at such an important time. The company is led by individuals with a proven track record, such as Mark Morabito and the previous Consolidated Thompson management including Stan Bharti and Bruce Humphrey. I'm looking forward to working with this strong management team and taking Kami straight through to production in a timely manner."

      Alderon is granting to Mr. Simpson, under the terms of its stock option plan, options to purchase up to 250,000 common shares at a price of $1.20 per share. The options are subject to vesting over a two year period and have an expiry date of July 22, 2015.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is slated for near term production. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 18.08.10 03:05:27
      Beitrag Nr. 15 ()
      Alderon Reaches Memorandum of Understanding With Innu of Labrador - Aug 17, 2010
      www.marketwire.com/press-release/Alderon-Reaches-Memorandum-…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 17, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that on August 11, 2010, it has concluded a Memorandum of Understanding ("MOU") with the Innu Nation whereby the parties have agreed to an ongoing business relationship with respect to the development of Alderon's Newfoundland and Labrador exploration and development activities, mainly with respect to the Kamistiatusset ("Kami") Iron Ore Project in western Labrador.


      The MOU establishes that Alderon and the Innu Nation will work together to establish a long term, mutually beneficial, cooperative business relationship. In return for their ongoing consent and support of Alderon's exploration and development activities in Labrador, the Innu Nation will benefit through economic opportunities for community members. These opportunities will include employment and training for individuals or contracts with local Innu registered businesses. Furthermore, Alderon has set aside a budget for the Innu Nation to be involved in the environmental monitoring of Alderon's exploration and development activities.

      The MOU provides assurances that the exploration and development of Alderon's projects will be implemented in a manner that protects the interests of Innu community members and the environment. Alderon has established good relations with the Innu Nation from the beginning of its project by utilizing Innu registered businesses where ever possible and is pleased to have entered into this MOU with the Innu Nation.

      "The MOU further strengthens Alderon's positive working relationship with the Innu Nation," says Mark Morabito, President and CEO of Alderon. "We look forward to a beneficial future for both parties as Alderon works towards its goal of defining a first class iron ore deposit and taking it to production."

      "The Innu Nation is in favour of responsible development," states Peter Penashue, Deputy Grand Chief of the Innu Nation. "We will continue to work agreeably with companies like Alderon that wish to pursue exploration activities in areas surrounding our territory in a manner that fulfills each party's objectives."



      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is slated for near term production. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 24.08.10 15:46:45
      Beitrag Nr. 16 ()
      Alderon Intersects 30% Iron Over 604.5 Metres - Aug 24, 2010
      www.marketwire.com/press-release/Alderon-Intersects-30-Iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 24, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the first set of drill results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Assay results have now been received for the first four holes drilled at Kami, and highlights include:


      Drill Hole From (meters) To (meters) Length (meters) Total Iron %

      K-10-27 53.5 658.0 604.5 29.9

      K-10-28 23.0 437.0 414.0 24.2
      including 23.0 77.0 54.0 26.0
      and 210.7 437.0 226.3 26.0
      plus 500.6 609.9 109.3 28.1

      K-10-29 102.6 597.0 494.4 28.8
      including 102.6 415.3 312.7 31.1
      and 481.3 597.0 115.7 31.0

      K-10-30 52.5 165.1 112.6 29.1


      "These first set of results clearly demonstrate the potential of this Project," says Mark Morabito, President & CEO of Alderon. "We are confirming as well as expanding the known zone of mineralization, as we had anticipated."

      All four drill holes tested the northeast portion of the Rose Lake Central Zone. Holes K-10-27, K-10-29 and K-10-30 were infill holes around K-08-18 previously drilled by Altius Resources Inc. to confirm the continuity of the zone in preparation for the National Instrument 43-101 resource estimate scheduled for the first quarter of 2011. Hole K-10-28 was collared on the next section 180 meters (m) to the southwest and confirms the extension of the mineralized zone.


      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts vary depending on the angle of the individual drill holes and are estimated to be between 20% and 98% of the core interval as reported. Samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the assay results presented above have been accurately summarized from the official assay certificates provided to Alderon. "
      Avatar
      schrieb am 15.09.10 15:25:43
      Beitrag Nr. 17 ()
      Alderon Intersects 31% Iron Over 468 Metres - Sep 15, 2010
      www.marketwire.com/press-release/Alderon-Intersects-31-Iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 15, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador.


      Highlights include:

      Drill Hole From (meters) To (meters) Length (meters) Total Iron %


      K-10-32 34.4 189.3 154.9 30.2

      K-10-33 60.0 297.0 237.0 28.9
      including 123.2 297.0 173.8 30.0

      K-10-34 39.3 507.0 467.7 31.3

      K-10-35 59.6 188.3 128.7 29.9


      "It's great to see continuous strong results," says Mark Morabito, President &CEO of Alderon. "We are on our way to reach our goal of defining 400 to 500 million tonnes at a grade between 28 and 32% iron."

      All drill holes to date have tested the northeast portion of the Rose Lake Central Zone. The latest holes further confirm the continuity as well as the extension of the mineralized zone ahead of the National Instrument 43-101 resource estimate scheduled for the first quarter of 2011. The potential tonnage and grade quoted above are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts vary depending on the angle of the individual drill holes and are estimated to be between 10% and 100% of the core interval as reported. Samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the assay results presented above have been accurately summarized from the official assay certificates provided to Alderon.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 08.10.10 00:52:03
      Beitrag Nr. 18 ()
      Alderon Intersects 30% Iron Over 429 Meters - Oct 07, 2010
      www.marketwire.com/press-release/Alderon-Intersects-30-Iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador.


      Highlights include:

      Drill Hole - From (meters) - To (meters) - Length (meters) - Total Iron %


      K-10-37A 148.3 577.3 429.0 30.0
      including 326.4 371.6 45.2 33.6
      and 458.5 549.0 90.5 33.3

      K-10-39A 12.7 370.7 358.0 28.7
      including 12.7 104.8 92.1 32.6
      and 121.1 226.0 104.9 32.3

      K-10-40 15.0 123.0 108.0 32.1
      145.4 210.7 65.3 31.4


      "The grade and width consistency at Kami is great to see," says Matt Simpson, Chief Operating Officer of Alderon. "Not only are we drilling within the mineralized zone that was previously outlined, but we continue to step outside the boundary and still see great mineralization."

      All drill holes to date have tested the north eastern half of the Rose Lake Central Zone. Holes K-10-39A and K-10-40 were drilled within the known mineralized envelope, whereas K-10-37A was collared 210 meters to the southwest and confirms the extension of the mineralized zone.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts vary depending on the angle of the individual drill holes and are estimated to be between 36% and 60% of the core interval as reported. Samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the assay results presented above have been accurately summarized from the official assay certificates provided to Alderon.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 27.10.10 17:47:22
      Beitrag Nr. 19 ()
      Alderon Intersects 28% Iron Over 691 Meters - Oct 27, 2010
      www.marketwire.com/press-release/Alderon-Intersects-28-Iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 27, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador. A total of 20,520 meters (m), representing sixty drill holes completed or in progress, have been drilled on the Kami Project to date, with results received for the first 21 holes. Highlights from recently received holes include:

      Drill Hole - From (meters) - To (meters) - Length (meters) - Total Iron %


      K-10-42 86.9 370.0 283.1 31.4
      including 166.0 292.0 126.0 33.9

      K-10-43 10.5 173.0 162.5 32.7
      including 86.7 173.0 86.3 35.4

      K-10-44 87.0 140.6 53.6 30.4

      K-10-46 13.5 704.0 690.5 28.2
      including 13.5 189.4 175.9 29.7
      and 281.0 490.6 209.6 29.9

      K-10-47 57.6 112.7 55.1 28.0
      253.8 603.0 349.2 27.2
      including 253.8 318.9 65.1 30.4


      "These results continue to demonstrate the consistency of the depth and width of the Rose Lake Zone as we progress southwest," says Matt Simpson, Chief Operating Officer of Alderon.

      All drill holes to date have tested the north eastern half of the Rose Lake Zone.
      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/


      True widths of the reported intercepts vary depending on the angle of the individual drill holes and are estimated to be between 15% and 53% of the core interval as reported. Samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the assay results presented above have been accurately summarized from the official assay certificates provided to Alderon.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 05.11.10 21:40:01
      Beitrag Nr. 20 ()
      Alderon Announces Further Resource Upside &Comments on Rail Capacity - Nov 04, 2010
      www.marketwire.com/press-release/Alderon-Announces-Further-R…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 4, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce plans for a winter drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador that is aimed at further increasing the potential size of its iron ore resource. The program will consist of 5,000 meters (m) of drilling in North Rose and is designed to expand on the current 25,000m program expected to be completed by the end of November 2010. The 2010 and winter 2011 programs are planned with the goal of delineating 600 to 800 million tonnes at a grade between 28-32% iron ore. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.

      "We are having great success with the 2010 program and have found the area north of Rose Lake to have great iron thicknesses and grade," says Matt Simpson, Chief Operating Officer of Alderon. "We want to make sure to include this new area to our current work heavily focused on proving up Rose Central and Mills as it should add significantly to the resource."

      A total of 21,907m has been drilled on the property to date and the 2010 drill program is on track to be completed by the end of November 2010 with 25,000m drilled. The 2010 program will be followed by an initial National Instrument 43-101 ("NI 43-101") resource estimate in the first quarter of 2011. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program.

      The 2011 winter program is expected to commence during the last week of January and take approximately seven weeks to complete. The program is anticipated to cost approximately $2.5 million and will also be followed with an updated NI 43-101 resource estimate late in the second quarter of 2011. The winter program will focus on adding the northern portion of the Rose Lake Zone to the resource.


      Rail Capacity


      BMO Research attended a site visit of the Iron Ore Company of Canada (IOCC) operations in October 2010. In the BMO Capital Markets write up on Labrador Iron Ore Royalty dated October 21, 2010, BMO states, based on commentary from senior IOCC management, that, "… Rio Tinto's QNS&L [Quebec North Shore & Labrador] rail line, which runs essentially from Schefferville to Sept-Iles, could be expanded with minimal capex :eek: [capital expenditure] to 75 - 80Mtpa [million tonnes per annum] of hauling capacity." This capacity is in line with an earlier analysis conducted for Alderon by industry experts.

      "There is currently only approximately 30Mtpa being shipped along this rail line," says Mr. Simpson. "Even if every existing mine expands to their full currently stated production target and each known new company (including Alderon) commences production, there is still only just over 60Mtpa being produced, so rail capacity shouldn't be an issue."
      :eek: :eek:


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 26.11.10 17:00:47
      Beitrag Nr. 21 ()
      Alderon Confirms Iron in New Zone With 30% Iron Over 207 Meters - Nov 16, 2010
      www.marketwire.com/press-release/Alderon-Confirms-Iron-in-Ne…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2010) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the ongoing drill program on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Results have been received for resource definition at the Central Rose Zone, as well as for the new zone located north of Central Rose. This new zone, labelled North Rose, will be the focus of the recently announced 2011 winter program that is scheduled to commence late January with the objective of increasing the potential size of the iron ore resource (see News Release dated November 4th, 2010).


      Highlights from recent North Rose drilling:

      Drill Hole From (meters) To (meters) Length (meters) Total Iron %

      K-10-49 453.0 660.0 207.0 30.0

      K-10-51* 212.5 278.0 65.5 28.5

      * Hole lost :eek: at 278 meters


      K-10-49 intersected the full stratigraphy, while K-10-51 only intersected the upper portion before being lost. The 2011 winter program, which is set to commence late January 2011, will focus exclusively on drilling North Rose. The goal following the 2011 winter program is to delineate 600 to 800 million tonnes at a grade between 28-32% iron ore. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.

      "It's very exciting to see this new zone demonstrate such strong preliminary results," says Matt Simpson, Chief Operating Officer of Alderon. "We look forward to commencing a comprehensive drill program at North Rose in late January and we have great expectations regarding adding further tonnage to the overall resource."


      Highlights from recent Central Rose drilling:

      Drill Hole From (meters) To (meters) Length (meters) Total Iron %

      K-10-48 406.0 517.1 111.1 28.6

      K-10-52 125.3 227.7 102.4 30.8

      K-10-55 280.8 442.5 161.7 29.5


      A total of 23,495 meters (m) has been drilled on the property to date and the 2010 drill program is on track to be completed by the end of November 2010 with 25,000m drilled. The 2010 program will be followed by an initial National Instrument 43-101 ("NI 43-101") resource estimate in the first quarter of 2011. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program. An updated NI 43-101 resource estimate will follow the 2011 winter program and is expected late in the second quarter of 2011.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts vary depending on the angle of the individual drill holes and are estimated to be between 45% and 89% of the core interval as reported. Samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      Stock Option Grant

      Alderon announces that it has, effective November 8, 2010, granted incentive stock options to purchase a total of 1,900,000 common shares of Alderon at an exercise price of $1.60 per share to certain executive officers, directors, employees and consultants of Alderon. The options vest in equal quarterly instalments of a period of 24 months and have a term of five years.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 26.11.10 17:07:07
      Beitrag Nr. 22 ()
      jetzt müsste sich die Aktie nochmal ~1/4teln, dann würde ich langsam ans kaufen denken :laugh: :

      Alderon Resource - Announces C$16 Million Bought Deal Private Placement Financing - Nov 26, 2010
      www.marketwire.com/press-release/Alderon-Resource-Corp-Annou…

      "Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Haywood Securities Inc. (the "Underwriters"), whereby the Underwriters have agreed to purchase, on a bought deal basis, 7,300,000 units (the "Units") of the Company at a price of per Unit of C$2.20 (the "Issue Price") for aggregate gross proceeds to the Company of C$16,060,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (a "Common Share") and one-half of one common share purchase warrant. Each whole common share purchase warrant (a "Warrant") will entitle the holder to acquire one Common Share at a price of C$2.80 for a period of 24 months from the closing of the Offering.

      Following the closing of the Offering, if the closing price of the Common Shares of the Company on the TSX-V is greater than C$4.00 per share for 20 consecutive trading days, the Company may give written notice to warrantholders that the Warrants will expire 20 calendar days after the Company issues a news release disclosing the early expiry of the Warrants.

      The Company has also granted the Underwriters an over-allotment option exercisable up until the closing of the Offering, to purchase up to an additional C$4,015,000 of Units at the Issue Price.


      The Company intends to use the net proceeds of the Offering to continue to advance its Kamistiatusset project located in the Labrador Trough iron ore district in Canada, and for general corporate and working capital purposes.

      The Company has agreed to pay the Underwriters a cash commission equal to 6.0% of the gross proceeds of the Offering and to issue compensation options entitling the Underwriters to purchase such number of Units that is equal to 6.0% of the aggregate number of Units sold pursuant to the Offering, at an exercise price equal to the Unit Price, for a period of 24 months following the closing of the Offering.

      The Units to be sold under this offering will be offered by way of a private placement in the Provinces of Canada (and will also be offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended).

      The Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

      The securities being offered hereby have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state or province in which such offer, solicitation or sale would be unlawful.


      About Alderon Resource Corp.

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.
      On behalf of the Board

      "Mark J. Morabito"
      President & CEO "
      1 Antwort
      Avatar
      schrieb am 08.12.10 20:17:50
      Beitrag Nr. 23 ()
      damit werden sie, wie schon vor einiger Zeit angemerkt/"vorgewarnt", eine Ecke teurer:

      Alderon Exercises Option to Acquire 100% Interest in Kami Iron Ore Project and Completes 25,749m of Drilling - Dec 8, 2010
      www.marketwire.com/press-release/Alderon-Exercises-Option-Ac…
      www.alderonmining.com/projects/kami/

      "(TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has exercised its option right (the "Option") under an Option Agreement dated November 2, 2009, pursuant to which Alderon has acquired a 100% interest in the Kamistiatusset ("Kami") iron ore project in western Labrador from Altius Resources Inc. ("Altius"). Altius is a wholly-owned subsidiary of Altius Minerals Corporation (TSX: ALS). In order to complete the exercise of the Option, Alderon has issued an aggregate of 32,285,006 common shares from its treasury to Altius. In addition, Altius' Chairman, John Baker, and CEO, Brian Dalton, have been nominated for election to the Alderon Board of Directors at the Annual General Meeting ("AGM") which is being held on December 10, 2010. Details regarding the AGM can be found on the company website at http://www.alderonmining.com/corporate/agm/. Altius will also retain a 3% gross sales royalty on iron ore concentrate from the Kami Project.


      Alderon is also pleased to announce the completion of the 2010 drill program. A total of 25,749 meters (m) have been drilled on the property, representing 73 drill holes. Assay highlights with drill plan maps and sections from the 2010 program are posted on the Alderon website at: http://www.alderonmining.com/projects/kami/. An initial National Instrument 43-101 ("NI 43-101") resource estimate is underway and is expected to be complete in the first quarter of 2011. Watts, Griffis and McOuat Limited ("WGM") have been commissioned to provide this resource estimate and have already completed the required site visits and sampling program.

      A $2.5 million 2011 winter drill program has been planned and is aimed at further increasing the potential size of the iron ore resource. The program will consist of 5,000m of drilling in North Rose and is expected to commence during the last week of January and take approximately seven weeks to complete. The 2010 and winter 2011 programs are designed with the goal of delineating 600 to 800 million tonnes at a grade between 28-32% iron ore. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource. An updated NI 43-101 resource estimate will follow the 2011 winter program and is expected late in the second quarter of 2011.

      "The completion of the exercise of option as well as the 25,000m drill program represent significant milestones in the company's development", says Mark Morabito, President and Chief Executive Officer of Alderon. "We're looking forward to 2011 when we expect to complete two resource estimates, a scoping study and full metallurgical program."


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com "
      Avatar
      schrieb am 18.12.10 18:07:31
      Beitrag Nr. 24 ()
      Antwort auf Beitrag Nr.: 40.599.103 von Popeye82 am 26.11.10 17:07:07
      Alderon Closes C$20 Million Bought Deal Private Placement - Dec 16, 2010
      www.marketwire.com/press-release/Alderon-Closes-C20-Million-…

      "Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has closed its previously announced private placement financing with a syndicate of underwriters led by Haywood Securities Inc. (the "Underwriters") for 9,125,000 units (the "Units") of Alderon, including 1,825,000 Units sold pursuant to the exercise in full of an over-allotment option by the Underwriters, at a price of C$2.20 (the "Issue Price") for gross proceeds of C$20,075,000 (the "Offering"), on a bought deal basis. Each Unit consists of one common share in the capital of Alderon (a "Common Share") and one-half of one common share purchase warrant. Each whole common share purchase warrant (a "Warrant") will entitle the holder to acquire one Common Share at a price of C$2.80 for a period of 24 months from the closing date.

      If the closing price of the Common Shares of Alderon on the TSX-V is greater than C$4.00 per share for 20 consecutive trading days, Alderon may give written notice to warrant holders that the Warrants will expire 20 calendar days after Alderon issues a news release disclosing the early expiry of the Warrants.

      Alderon intends to use the net proceeds of the Offering to continue to advance its Kamistiatusset Project located in the Labrador Trough iron ore district in Canada, and for general corporate and working capital purposes.

      Alderon has paid the Underwriters a cash commission equal to 6.0% of the gross proceeds of the Offering and has issued compensation options entitling the Underwriters to purchase such number of Units that is equal to 6.0% of the aggregate number of Units sold pursuant to the Offering, at an exercise price equal to the Unit Price, for a period of 24 months following the closing of the Offering.

      The Units sold under this offering were offered by way of a private placement in the Provinces of Canada (and were also offered in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended).

      All securities issued in connection with the Offering are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

      The securities offered hereby have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state or province in which such offer, solicitation or sale would be unlawful.


      About Alderon Resource Corp.

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 02.01.11 13:36:23
      Beitrag Nr. 25 ()
      up to ~9.3 Mio$ an die Angestellten:

      Alderon Announces Grant of Stock Incentive Options - Dec 22, 2010
      www.marketwire.com/press-release/Alderon-Announces-Grant-of-…
      Avatar
      schrieb am 06.01.11 19:05:55
      Beitrag Nr. 26 ()
      Alderon Selects BBA &Stantec as Scoping Study Consultants - Jan 06, 2011
      www.marketwire.com/press-release/Alderon-Selects-BBA-Stantec…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 6, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the appointment of BBA Inc.("BBA") and Stassinu Stantec Limited Partnership ("Stantec") to conduct a Scoping Study on the Kamistiatusset ("Kami") Iron Ore Project in western Labrador.


      "Both BBA and Stantec have extensive work experience in Labrador West iron ore mines. This experience will help ensure thorough yet rapid completion of the scoping study which is a key step in moving Kami towards production," says Matt Simpson, COO of Alderon.

      BBA is an independent Canadian consulting engineering firm operating internationally. Its team is composed of highly-qualified experts in several engineering disciplines and is particularly active in the mining and metals sector. BBA was the primary engineering consulting firm for Consolidated Thompson's Bloom Lake Mine, located 6.4 kilometres west of the Kami Project.

      Stantec provides professional consulting services for infrastructure and facilities projects. With their team of professionals, Stantec can assist in all aspects of a project's life cycle requirements. Stantec will lead this project out of their St. John's Newfoundland & Labrador office which has extensive experience in Government permitting processes for mining as well as a solid understanding of environmental regulations. Stantec has carried out several environmental assessments and geotechnical work for other Labrador iron ore mines.


      The depth of local iron ore experience allows both BBA and Stantec to:

      + expedite engineering design work as the process and equipment size are similar

      + have a good handle on project costs and timelines

      + assist in selection of local construction firms

      + minimize overall project risk


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ON BEHALF OF THE ALDERON BOARD

      Mark J. Morabito, President & CEO "
      Avatar
      schrieb am 12.01.11 02:37:29
      Beitrag Nr. 27 ()
      Alderon Confirms Rail &Port Capacity - Jan 11, 2011
      www.marketwire.com/press-release/Alderon-Confirms-Rail-and-P…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 11, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to confirm railway and port capacity in Labrador and Quebec, Canada.


      Alderon has initiated discussions with Iron Ore Company of Canada ("IOC"), a member of the Rio Tinto group, on use of the Quebec North Shore & Labrador ("QNS&L") railway. Alderon has also initiated discussions with the Port of Sept-Iles for access to their soon to be constructed deep water multi-user facility. Discussions will be ongoing with both of these parties to firm up accountabilities, logistics and costs as part of the Scoping Study due for completion late Q2 2011 and Feasibility Study to be completed early 2012.


      "We are quickly demonstrating the potential of our Kami Project and therefore want to have all the logistics for transporting final product from mine to customer settled," says Matt Simpson, COO of Alderon.

      In terms of the railway, although still preliminary, Alderon will likely need to lease or purchase locomotives and railcars which will be operated by QNS&L plus pay for any additional sidings required on the railway. Alderon would be seeking a regular daily service from QNS&L to minimize both operating and capital costs as compared to an "as required" service used by some of the aspiring smaller direct shipping producers in the area.

      In regards to the Port, the Port Authority owns substantial land at their berth which would be leased to Alderon on a long term contract. Alderon would be accountable to pay for its car dumper, stacker and reclaimer while the Port would manage the berth and ship loading activities at their soon to be constructed berth; when completed, this berth will have a 23m water depth capable of handling the largest Capsize Ocean going vessels. A fee would be paid to the Port for the land lease and for tonnage transported across their system.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 21.01.11 02:25:07
      Beitrag Nr. 28 ()
      Alderon Confirms Iron @Mills Lake with 30% Iron Over 193 Meters - Jan 20, 2011
      www.marketwire.com/press-release/Alderon-Confirms-Iron-at-Mi…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 20, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the completed 2010 drill program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. These results are from the southern portion of the project, known as the Mills Lake Zone.

      All 15 drill holes at Mills Lake intersected iron mineralization and collectively demonstrated that the Mills Lake deposit is larger and thicker than initially expected.


      Highlights from Mills Lake drilling include:

      From(meters) - To(meters) - Length(meters) - Drill Hole(meters) - Total Iron %


      K-10-73 179.0 298.0 119.0 31.2

      K-10-77 90.3 177.2 86.9 30.9

      K-10-80 39.4 177.9 138.5 30.6

      K-10-82 106.5 206.2 99.7 31.4

      K-10-85 189.6 270.7 81.1 31.5

      K-10-94A 113.3 256.5 143.2 31.5

      K-10-95 40.7 123.5 82.8 30.3

      K-10-97 154 346.9 192.9 30.5


      The Mills Lake Zone has been defined along strike for 1,200 meters (m) and to a depth of 370m. This zone will be part of the initial National Instrument 43-101 ("NI 43-101") resource estimate expected in early March 2011. The goal for the initial resource is to delineate 400 – 500 million tonnes at a grade between 28-32% iron ore. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.

      "It's exciting to have our expectations exceeded in terms of thickness at Mills Lake and be able to add this zone to our upcoming resource estimate," says Matt Simpson, Chief Operating Officer of Alderon.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 60% and 94% of the core interval as reported. All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com.


      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 02.02.11 14:14:07
      Beitrag Nr. 29 ()
      Alderon Intersects 29% Iron Over 320 Meters - Feb 01, 2011
      www.marketwire.com/press-release/Alderon-Intersects-29-Iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 1, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce additional assay results from the completed 2010 drill program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Results have been received for the Central Rose Zone, which will be included in the upcoming resource estimate, as well as the North Rose Zone, which will be the focus of the 2011 winter program that is scheduled to commence shortly.


      Highlights from Central Rose drilling:

      Drill Hole - From(meters) - To(meters) - Length(meters) - Total Iron %


      K-10-64 220.6 462.1 241.5 29.5

      K-10-66 10.3 165.0 154.7 31.3

      K-10-83 280.9 600.4 319.5 29.4

      * Please note that the holes were not drilled in sequence.


      Highlights from North Rose drilling:

      Drill Hole - From(meters) - To(meters) - Length(meters) - Total Iron %


      K-10-66 609.6 708.0 98.4 29.0

      K-10-67 62.8 165.0 102.2 33.4


      "We continue to see strong and consistent results at both Central and North Rose and look forward to releasing our initial resource estimate on Rose Central and Mills Lake in March," says Matt Simpson, Chief Operating Officer of Alderon.

      Holes K-10-64, K-10-66 and K-10-83 were drilled within the known mineralized envelope and continue to demonstrate the continuity in both grade and thickness of the Central Rose Zone. Holes K-10-66 and K-10-67 intersected mineralization at the new zone located north of Central Rose. This new zone, labelled North Rose, is the folded extension of Central Rose and will be the focus of the 2011 winter drill program.

      Drill hole K-10-66 commenced on Central Rose and intersected mineralization in both the Central Rose and North Rose Zones. The hole was drilled to a depth of approximately 380 metres below surface and intersected the full stratigraphy of the North Rose Zone.

      An initial National Instrument 43-101 ("NI 43-101") resource estimate is expected in early March 2011. The goal for the initial resource is to delineate 400 to 500 million tonnes at a grade between 28-32% iron ore. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program. The potential tonnage and grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 61% and 100% of the core interval as reported. All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.


      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 03.02.11 16:29:18
      Beitrag Nr. 30 ()
      Atlas Iron - 24% increase in Atlas` DSO Resources - Feb 03, 2011
      http://stocknessmonster.com/news-item?S=AGO&E=ASX&N=527541" target="_blank" rel="nofollow ugc noopener">http://stocknessmonster.com/news-item?S=AGO&E=ASX&N=527541
      2 Antworten
      Avatar
      schrieb am 08.02.11 16:11:15
      Beitrag Nr. 31 ()
      Antwort auf Beitrag Nr.: 40.976.844 von Popeye82 am 03.02.11 16:29:18

      War falsch -die hier:

      Alderon Commences Winter Drill Program @Kami - Feb 03, 2011
      www.marketwire.com/press-release/Alderon-Commences-Winter-Dr…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 3, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that drilling has commenced at the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The CDN $2.5 million program will consist of approximately 5,000 metres (m) diamond drilling with the use of three drills and is expected to take 8 weeks to complete. The drill program is designed to outline a potential of 200 to 300 million tonnes at a grade between 28-32% iron ore at the North Rose Zone.


      "We are excited to be drilling at North Rose, which is a new zone believed to be connected to the primary area drilled in 2010 (Rose Central)," says Matt Simpson, Chief Operating Officer of Alderon. "This new zone should add significant tonnes to our projected resource and will be included in the updated resource estimate expected in June 2011."

      An initial National Instrument 43-101 ("NI 43-101") resource estimate for the Rose Central and Mills Zones is expected in March 2011. The goal for the initial resource is to delineate 400 to 500 million tonnes at a grade between 28-32% iron ore. An updated NI 43-101 resource estimate is expected in June 2011 and will include the winter drilling at North Rose. The goal for the updated resource is to delineate a total of 600 to 800 million tonnes at a grade between 28-32% iron ore. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program. The potential tonnage and
      grade are conceptual in nature and it is uncertain if further exploration will delineate a mineral resource.


      Additional information and maps showing the proposed drill hole locations are posted on the Alderon website at: www.alderonmining.com/projects/kami/


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101, has reviewed and is responsible for the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      1 Antwort
      Avatar
      schrieb am 08.02.11 16:17:20
      Beitrag Nr. 32 ()
      Antwort auf Beitrag Nr.: 41.002.982 von Popeye82 am 08.02.11 16:11:15
      Alderon Intersects 29% Iron Over 608 Meters - Feb 08, 2011
      www.marketwire.com/press-release/Alderon-Intersects-29-Iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2011) - [b]Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the final set of assay results from the completed 2010 drill program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Results have been received for the Central Rose Zone, which will be included in the upcoming resource estimate, as well as the North Rose Zone, which will be the focus of the recently commenced winter drill program.[/b]


      Highlights from Central Rose drilling:

      Drill Hole - From(meters) - To(meters) - Length(meters) - Total Iron %


      K-10-69 68.5 676.3 607.8 28.9
      including 435.0 525.0 90.0 34.1

      K-10-70 80.3 185.1 104.8 28.4

      K-10-76 183.0 357.0 174.0 31.3

      K-10-84 261.0 696.0 435.0 28.8

      * Please note that the holes were not drilled in sequence.


      Highlights from North Rose drilling:

      Drill Hole - From(meters) - To(meters) - Length(meters) - Total Iron %


      K-10-70 585.0 788.6 203.6 28.5

      K-10-74 39.0 201.0 162.0 33.2

      K-10-78 29.8 185.0 155.2 32.3


      "Our 25,000 meter drill program in 2010 was hugely successful," says Matt Simpson, Chief Operating Officer of Alderon. "Not only did we have great continuity in terms of grade and thickness at the Rose Central and Mills Zones, but we were able to outline an extension of Rose Central, called Rose North. In addition to the upcoming publication of our resource estimates, we plan to complete another major milestone mid this year with the completion of a scoping study; it is exciting to see this project really coming together."

      Holes K-10-69, K-10-76 and K-10-84 were drilled within the known mineralized envelope of the Central Rose Zone and will be used for the upcoming National Instrument 43-101 ("NI 43-101") resource estimate. Holes K-10-74 and K-10-78 intersected mineralization at the North Rose Zone, which is the folded extension of Central Rose and is the focus of the recently commenced drill program.

      Drill hole K-10-70 commenced on Central Rose and intersected mineralization in both the Central Rose and North Rose Zones. The hole was drilled to a depth of approximately 450 metres below surface and intersected 92% of the known stratigraphy of the North Rose Zone.

      An initial NI 43-101 resource estimate is expected in early March 2011. The goal for the initial resource is to delineate 400 to 500 million tonnes at a grade between 28-32% iron ore. An updated NI 43-101 resource estimate is expected in June 2011 and will include the winter drilling at North Rose. The goal for the updated resource is to delineate a total of 600 to 800 million tonnes at a grade between 28-32% iron ore. Watts, Griffis and McOuat Limited ("WGM") has been commissioned to provide this resource estimate and has already completed the required site visits and sampling program. The potential tonnage and grade discussed above are conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will delineate a mineral resource.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 60% and 98% of the core interval as reported. All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 14.02.11 18:36:48
      Beitrag Nr. 33 ()
      Alderon Grants Incentive Stock Options &Appoints Corporate Secretary - Feb 09, 2011
      www.marketwire.com/press-release/Alderon-Grants-Incentive-St…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 9, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") announces that it has, effective February 9, 2011, granted incentive stock options to purchase a total of 1,500,000 common shares of Alderon at an exercise price of $3.70 per share to certain executive officers and directors of Alderon. The options vest in equal quarterly instalments of a period of 24 months and have a term of five years.

      Alderon also announces the appointment of Patrick Gleeson as Corporate Secretary of Alderon. Mr. Gleeson was formerly a member of the Board of Directors of Alderon and is the past Corporate Secretary and Counsel of Consolidated Thompson Iron Mines Limited. He provides corporate and securities legal advice to a number of reporting issuers in the resource industry. Sheila Paine will remain with Alderon as Assistant Corporate Secretary.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 09.03.11 18:55:55
      Beitrag Nr. 34 ()
      Was ist denn da los???

      Alderon Resource Corp. (ADV)

      Exchange: TSX Venture Exchange

      $2.390 Mar 9, 2011, 11:47 AM EST Change: -1.330 (-35.75%)Volume: 358,965

      ...und dann ausgesetzt!
      Hoffentlich muss ich das nicht mal mitmachen demnaechst, hatte hier lange den Einstieg geplant, allerdings bei 1,25, so dass ich immer noch dick im Gewinn waere...
      1 Antwort
      Avatar
      schrieb am 10.03.11 02:27:58
      Beitrag Nr. 35 ()
      Antwort auf Beitrag Nr.: 41.173.079 von ooy am 09.03.11 18:55:55...und am Schluss wieder 3,56...
      Warum war die eigentlich ausgesetzt? Kann nichts finden...
      Avatar
      schrieb am 05.04.11 20:20:12
      Beitrag Nr. 36 ()
      Zitat von Popeye82: "An initial National Instrument 43-101 ("NI 43-101") resource estimate for the Rose Central and Mills Zones is expected in March 2011. The goal for the initial resource is to delineate 400 to 500 million tonnes at a grade between 28-32% iron ore. An updated NI 43-101 resource estimate is expected in June 2011 and will include the winter drilling at North Rose. The goal for the updated resource is to delineate a total of 600 to 800 million tonnes at a grade between 28-32% iron ore."



      :eek:

      la Voilà, übertroffen:

      Alderon Announces Initial Iron Ore Resource @Kami - Apr 05, 2011
      www.marketwire.com/press-release/Alderon-Announces-Initial-I…
      http://alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 5, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the results of the initial independent National Instrument (NI) 43-101 Mineral Resource estimate on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The Watts, Griffis and McOuat Limited ("WGM") estimate includes an indicated iron ore resource of 490 million tonnes at 30.0% iron and an additional inferred resource of 118 million tonnes at 30.3% iron (refer to tables below for tonnage and grade details) based on a cut-off grade of 20% iron.


      "We are extremely excited about this initial resource since we have exceeded our own publically stated objectives for the first resource and clearly demonstrated the viability of the project," says Mark Morabito, President and CEO of Alderon. "As I stated on February 3, our goal for this resource was 400 to 500 million tonnes. We were targeting 600 to 800 million tonnes following the completion of the current winter program, which will now have to be revised and increased, once our current drilling is complete."

      The mineral resource is contained within two zones, Rose Central and Mills Lake. The Rose Central zone has a currently defined strike length of 1,700 metres (m) and a true :eek: thickness of up to 320 m. :eek: :eek: Mills Lake is located 3.1 kilometres southeast of Rose Central and has a currently defined strike length of 1,500 m and a true thickness of up to 180 m. Both of these zones are open for expansion and will be followed up with further drilling this summer. As shown in the table below, the defined resource is both sizable and fairly consistent in iron grade across multiple cut-off levels.


      ROSE CENTRAL INDICATED RESOURCE

      Cut-off % - Tonnes(million) - Total Iron % - Oxide Iron % *

      25.0 355.4 30.2 27.2
      22.5 372.2 29.9 26.9
      20.0 376.1 29.8 26.9


      ROSE CENTRAL INFERRED RESOURCE

      Cut-off % - Tonnes(million) - Total Iron % - Oxide Iron % *

      25.0 44.9 30.0 27.3
      22.5 45.8 29.9 27.2
      20.0 46.0 29.8 27.2


      MILLS LAKE INDICATED RESOURCE

      Cut-off % - Tonnes(million) - Total Iron % - Oxide Iron % *

      25.0 111.6 30.7 28.0
      22.5 113.7 30.6 27.8
      20.0 114.1 30.5 27.8


      MILLS LAKE INFERRED RESOURCE

      Cut-off % - Tonnes(million) - Total Iron % - Oxide Iron % *

      25.0 70.8 30.8 28.3
      22.5 71.5 30.8 28.2
      20.0 71.9 30.7 28.2

      * Note: Oxide Iron is the combined iron in Magnetite and Hematite


      Resource Estimate Details

      The mineral resource estimate for the Kami Project is based on results from 68 diamond drill holes at Rose Central (48 holes) and Mills Lake (20 holes) zones totaling 24,079 m and is effective as of April 5, 2011. Mr. Michael Kociumbas, P.Geo. and Mr. Richard Risto, P.Geo. with independent firm, WGM, Consulting Geologists and Engineers of Toronto, Ontario, are Qualified Persons as defined by NI 43-101 and are responsible for this mineral resource estimate. They have verified, reviewed and approved the technical data contained in this news release and underlying sampling, analytical and test data. The estimate is classified as an indicated or inferred mineral resource, consistent with the CIM definitions referred to in NI 43-101. This NI 43-101 compliant estimate will be filed in a Technical Report on SEDAR within 45 days of this news release. Mineral resources, which are not mineral reserves, have not demonstrated economic viability. Alderon is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issues which may materially affect its estimate of mineral resources.


      The geological and mineral resource modelling parameters consisted of:

      + creation of 3-D wireframes from the drillhole information - where possible, the hematite-rich zones were modelled separately from the main magnetite-rich bodies;

      + a block model procedure (block sizes of 20 m x 5 m x 5 m) was used with grades interpolated utilizing an Inverse Distance estimation technique; Total Iron (TFe%), Fe in magnetite, Fe in hematite, Manganese% and SiO2% were modelled.

      + a variable density model based on TFe% was created to estimate tonnage; at an average grade of 30% TFe, the density is approximately 3.56 tonnes per cubic m.

      + indicated mineral resources are defined as blocks being within 100 m of a drillhole intercept for Mills and 150 m for Rose.

      + inferred mineral resources are blocks more than 100 m or 150 m, respectively for Mills and Rose, from a drillhole intercept interpolated out to a maximum of about 300 m on the ends/edges and at depth when supporting information from adjacent cross sections was available.


      Three dimensional images showing the outline of the mineral resources are posted on the Alderon website at: http://alderonmining.com/projects/kami/.

      Sawn drill core samples were sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis was performed using X-ray fluorescence (XRF) and the magnetic component was determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays were included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.

      Alderon's exploration work on the Kami Project is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the results used for the resource estimate were accurate from the official assay certificates provided to Alderon.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J. Morabito, President & CEO"
      Avatar
      schrieb am 20.04.11 03:22:10
      Beitrag Nr. 37 ()
      Alderon Confirms Iron @North Rose With 31% Iron Over 204 Meters - Apr 19, 2011
      www.marketwire.com/press-release/Alderon-Confirms-Iron-at-No…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 19, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the current 2011 winter program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. These results are from North Rose and are all outside of the currently defined National Instrument ("NI") 43-101 resource estimate.


      Highlights include:Drill

      Hole - From(meters) - To(meters) - Length(meters) - Total(meters) - Iron %


      K-11-99 38.5 168.0 129.5 33.0

      K-11-101 46.5 140.8 94.3 33.0

      K-11-102 110.3 296.0 185.7 30.3

      K-11-104 92.0 296.0 204.0 30.6
      including 176.0 296.0 120.0 33.4

      K-11-106 46.0 142.0 96.0 34.4


      The North Rose Zone is located northwest of Rose Central, which has a currently defined NI 43-101 indicated resource of 376.1 million tonnes at 29.8% iron and an additional inferred resource of 46.0 million tonnes at 29.8% iron (refer to News Release dated April 5, 2011 for further details). This new North Rose Zone will be part of the updated NI 43-101 resource estimate expected in Q3 2011. The goal for the updated resource is to delineate 800 million to 1 billion tonnes at a grade between 28-32% iron ore. :eek: The potential increase in tonnage and the grade are conceptual in nature, there has been insufficient exploration to define a larger mineral resource and it is uncertain if further exploration will delineate a larger mineral resource. These updated resource figures are reported as exploration targets based on the presence of step-out mineralized drill holes, known mineralized zones open along strike and geophysically anomalous areas from data received by Alderon.

      "It's exciting to see a new zone yield similar results as those from our 2010 drill program," says Mark Morabito, President and CEO of Alderon. "We are looking forward to having North Rose included into the resource update later this year."

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 45% and 75% of the core interval as reported. All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release. Mr. Lyons has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Mr. Lyons has verified that the results were accurate from the official assay certificates provided to Alderon.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J. Morabito, President & CEO "
      Avatar
      schrieb am 28.04.11 16:55:20
      Beitrag Nr. 38 ()
      Alderon Appoints Former Iron Ore Company General Manager as COO - Apr 27, 2011
      www.marketwire.com/press-release/alderon-appoints-former-iro…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2011) -Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the appointment of Brian Penney as Chief Operating Officer, effective as of May 7, 2011. Mr. Penney has worked for the Iron Ore Company of Canada ("IOC"), a Rio Tinto subsidiary :eek: , for more than 15 years. During this period Mr. Penney has held many senior roles including: General Manager of all Processing facilities, General Manager of Mining Operations and General Manager of Integrated Planning. Not only does Mr. Penney have extensive operating experience in iron ore, he also has a great deal of knowledge working within the Labrador Trough as his work with IOC took place at their Carol Lake Iron Ore Deposit in Labrador, located only 18 kilometres (km) north of Alderon's Kamistiatusset ("Kami") Project.


      Mr. Penney's twenty years of experience in the mining sector has also included senior operating and environmental positions in the gold industry. He is a professional engineer, graduating from Technical University of Nova Scotia (TUNS) with a degree in Metallurgy. Mr. Penney will be based out of Montreal.

      Matt Simpson, Alderon's current Chief Operating Officer, will transition with Mr. Penney over the next month and will continue to be involved with Alderon as a member of its Board of Directors, giving Alderon access to his specialized knowledge on matters such as mining and energy.

      "Brian and I worked together for many years at IOC and I'm excited to have someone with his vast experience join us at Alderon to drive the Kami Project straight through to production", says Matt Simpson.

      Mark Morabito, President and CEO of Alderon states, "I'm very excited that we are adding such expertise to our mining team. The education and professional background of Brian will be invaluable in the development of Kami. We will continue to add key personnel to our management team as we maintain our aggressive timeline to production."

      Alderon has granted Mr. Penney, under the terms of its stock option plan, options to purchase up to 300,000 common shares at a price of $3.40 per share. The options are subject to vesting over a two year period and have an expiry date of April 4, 2016.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The Kami Project is located within an existing iron ore district. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J. Morabito, President & CEO "
      Avatar
      schrieb am 11.05.11 15:04:20
      Beitrag Nr. 39 ()
      Alderon Intersects 29% Iron Over 227 Meters @North Rose - May 11, 2011
      www.marketwire.com/press-release/alderon-intersects-29-iron-…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2011) -Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce assay results from the 2011 winter program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. These results are from North Rose and are all outside of the currently defined National Instrument ("NI") 43-101 resource estimate.


      Highlights include:

      Drill Hole - From(meters) - To(meters) - Length(meters) -Total Iron %


      K-11-100B 31.8 120.3 88.5 31.8

      K-11-107 48.0 162.0 114.0 25.8
      Including 48.0 81.0 33.0 31.1
      and 93.0 134.4 41.4 32.9

      K-11-109 103.0 225.0 122.0 29.0

      K-11-110 56.0 283.2 227.2 28.6
      including 222.0 283.2 61.2 32.9


      "It's great to see North Rose developing with such positive results and we are excited to have this new zone included in the updated resource estimate later this year," says Mark Morabito, President and CEO of Alderon.

      The North Rose Zone is located northwest of Rose Central, which has a currently defined NI 43-101 indicated resource of 376.1 million tonnes at 29.8% iron and an additional inferred resource of 46.0 million tonnes at 29.8% iron (refer to News Release dated April 5, 2011 for further details). This new North Rose Zone will be part of the updated NI 43-101 resource estimate expected at the end of Q3 2011. The goal for the updated resource is to delineate 800 million to 1 billion tonnes at a grade between 28-32% iron ore. The potential increase in tonnage and the grade are conceptual in nature, there has been insufficient exploration to define a larger mineral resource and it is uncertain if further exploration will delineate a larger mineral resource. These updated resource figures are reported as exploration targets based on the presence of step-out mineralized drill holes, known mineralized zones open along strike and geophysically anomalous areas from data received by Alderon.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 85% and 92% of the core interval as reported. All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release. Mr. Lyons has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Mr. Lyons has verified that the results were accurate from the official assay certificates provided to Alderon.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 09.06.11 15:00:58
      Beitrag Nr. 40 ()
      Alderon Targets 800 Million to 1 Billion Tonne Resource @28 to 32% Iron With ´11 Drill Program Launch - Jun 9, 2011
      www.marketwire.com/press-release/alderon-targets-800-million…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 9, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that its summer/fall 2011 drill program has commenced at the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The CDN $11 million program will consist of 26,000 metres (m) of drilling and is designed to upgrade the current resource as well as expand the known zones of mineralization and target new areas.


      The Kami Project has a currently defined National Instrument (NI) 43-101 indicated resource of 490 million tonnes at 30.0% iron and an additional inferred resource of 118 million tonnes at 30.3% iron (refer to News Release dated April 5, 2011 for further details). The current program aims at increasing the size of the resource to between 800 million and 1 billion tonnes at a grade between 28 to 32% iron. The potential tonnage and grade are conceptual in nature; there has been insufficient exploration to define an increased mineral resource and it is uncertain if further exploration will increase the mineral resource. These updated resource figures are reported as exploration targets based on the presence of step-out mineralized drill holes, known mineralized zones open along strike and geophysical anomalous areas from data received by Alderon.


      Program Details

      The summer/fall 2011 program will consist of 26,000 m of drilling, ground geophysical surveys, metallurgical test work and environment studies. The drill program has started with 2 drills and will ramp up to 6 drills :eek: by the end of July and is expected to take 6 months to complete. Drilling will be directed at upgrading the resource from indicated and inferred to measured and indicated as well as expanding the known mineralization at the Rose Central, North Rose and Mills Zones and targeting new areas outlined by the 2010 exploration program.

      Drilling will be carried out by Major Drilling Group International Inc. ("Major") and Forages Cabo Inc. ("Cabo"), the Quebec branch of Cabo Drilling Corp. Major is one of the largest drilling service companies working in 22 countries and has a fleet of over 540 drills. Cabo is well recognized in the drilling industry with operations in seven countries and over 250 employees. Alderon is confident that both Major and Cabo will provide the level of professionalism, safety and environmental awareness that is required and that they will complete the 2011 program on time and on budget.

      In conjunction with the program, further geotechnical studies and metallurgical test work will be carried out. Environmental studies will also be conducted, as will an updated resource estimate and scoping study. A prefeasibility study will commence later this year upon completion of the scoping study.

      The proposed drill hole location map is posted on the Alderon website at: http://www.alderonmining.com/projects/kami/


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101, has reviewed and is responsible for the technical information contained in this news release.

      Additional information about the Kami Project and the initial resource estimate can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical report and Mineral resource estimate on the Kamistiatusset property, Newfoundland and Labrador for Alderon Resource Corp." dated May 20, 2011. For more information on Alderon, please visit our website at www.alderonmining.com

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      1 Antwort
      Avatar
      schrieb am 09.06.11 15:08:56
      Beitrag Nr. 41 ()
      Antwort auf Beitrag Nr.: 41.626.789 von Popeye82 am 09.06.11 15:00:58Da ist noch zuviel Fleisch dran...
      Sehen die Insider offensichtlich auch so...
      Avatar
      schrieb am 13.06.11 17:08:50
      Beitrag Nr. 42 ()
      Alderon Appoints Key Executives to the Mining Team - Jun 13, 2011
      www.marketwire.com/press-release/alderon-appoints-key-execut…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 13, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the appointment of Mr. Todd Burlingame as Executive Vice President Environment & Aboriginal Affairs effective as of June 13, 2011 and Mr. Gary Norris as Executive Vice President Government & Community Affairs effective as of July 4, 2011.


      Mr. Burlingame has over 20 years of experience in the mining sector across Canada and has worked for Nalcor Energy for the past three years as the Manager of Environment and Aboriginal Affairs and Chief Negotiator for the 3000 Megawatt Lower Churchill Hydroelectric Project. Nalcor Energy is the Crown Corporation advancing the Lower Churchill Project, located in Labrador, Canada, on behalf of the Province of Newfoundland and Labrador.

      Mr. Burlingame will be responsible for all environmental permitting aspects to develop the Kamistiatusset ("Kami") Project through to production, including acquiring all required environmental approvals. He will also have a lead role in Aboriginal Relations. Mr. Burlingame graduated from the University of British Columbia with a bachelor's degree in Geology. He will be based out of Alderon's new office in St. John's, Newfoundland.

      Mr. Norris has spent over 30 years working for the Newfoundland and Labrador Government, most recently as the Clerk of the Executive Council and Secretary to Cabinet. Mr. Norris has also held a number of other senior Executive positions, including Assistant Deputy Minister of Environment, and Deputy Minister of Intergovernment Affairs Secretariat. Mr. Norris will liaise with local, provincial and federal Governments as we go through the permitting stage all the way through production. He will be involved in all aspects of project development including discussions regarding port and rail access. Mr. Norris holds a Bachelor of Arts degree in Political Science and Economics from Memorial University of Newfoundland. Mr. Norris will also be based out of the St. John's, Newfoundland office.

      "Gary and Todd will be instrumental in the development of Kami," says Mark Morabito, President and CEO of Alderon. "Their knowledge, specifically in Labrador, is unsurpassed and I'm very excited to have them join our team."

      Alderon has granted Mr. Burlingame, under the terms of its stock option plan, options to purchase up to 250,000 common shares at a price of $2.62 per share. Alderon has also granted Mr. Norris options to purchase up to 250,000 common shares at a price of $2.62 per share. The options are subject to vesting over a two year period and have an expiry date of June 13, 2016. Alderon has also granted certain employees and consultants options to purchase 300,000 common shares at price of $2.62 per share vesting over a two year period and having an expiry date on June 13, 2016.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 17.06.11 05:49:37
      Beitrag Nr. 43 ()
      Alderon Reports Final North Rose Results in Preparation for Updated Resource - Jun 16, 2011
      www.marketwire.com/press-release/alderon-reports-final-north…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 16, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce final assay results from the 2011 winter program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. These results are from North Rose and are all outside of the currently defined National Instrument ("NI") 43-101 resource estimate.


      Highlights include:

      Drill Hole - From(meters) - To(meters) - Length(meters) - Total Iron %

      K-11-114D
      33.3 115.0 81.7 30.7

      K-11-115 8.1 144.0 135.9 30.3
      and 174.7 408.0 233.3 31.8

      K-11-116 118.8 192.0 73.2 36.5


      Holes K-11-114D and K-11-116 were collared within mineralization and therefore did not intersect the full mineralized zone. Iron ore mineralization at North Rose varies in thickness from 160 to 200 meters.

      "With consistently positive results at North Rose, we are very excited to have this new zone included in the updated resource estimate later this year," says Mark Morabito, President and CEO of Alderon.


      The North Rose Zone is located northwest of Rose Central, which has a currently defined NI 43-101 indicated resource of 376.1 million tonnes at 29.8% iron and an additional inferred resource of 46.0 million tonnes at 29.8% iron (refer to News Release dated April 5, 2011 for further details). This new North Rose Zone will be part of the updated NI 43-101 resource estimate expected in Q3 2011. The goal for the updated resource is to delineate 800 million to 1 billion tonnes at a grade between 28-32% iron ore. The potential increase in tonnage and the grade are conceptual in nature, there has been insufficient exploration to define a larger mineral resource and it is uncertain if further exploration will delineate a larger mineral resource. These updated resource figures are reported as exploration targets based on the presence of step-out mineralized drill holes, known mineralized zones open along strike and geophysically anomalous areas from data received by Alderon.

      Complete assay highlights with drill plan maps and sections are posted on the Alderon website at: www.alderonmining.com/projects/kami/

      All samples were prepared from sawn NQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore exploration and development company in Canada. The 100% owned Kami Project is located within an existing iron ore district and is surrounded by producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and is responsible for the technical information contained in this news release. Mr. Lyons has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Mr. Lyons has verified that the results were accurate from the official assay certificates provided to Alderon.

      Additional information about the Kami Project and the initial resource estimate can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical report and Mineral resource estimate on the Kamistiatusset property, Newfoundland and Labrador for Alderon Resource Corp." dated May 20, 2011. For more information on Alderon, please visit our website at www.alderonmining.com. "
      Avatar
      schrieb am 30.06.11 00:52:09
      Beitrag Nr. 44 ()
      noch bissle was vom AuReport -"Expert Analysis". :eek: Die Dundee-Typen stellen mal ein Szenario in den Raum. Von der Infrastruktur sieht es IMO schon vielversprechend(er als bei anderen) aus, aber man sollte auf KEINEN Fall von einem Selbstläufer ausgehen. Find das gut, dass immer öfter NACHDEM mir Unternehmen anfangen interessant zu scheinen eine Vielzahl -ein Haufen von Analysten die Unternehmen anfangen zu covern :) :) (mein Highscore steht glaub ich aktuell bei 13, oder 14 :D (von den, durch öffentliche Quellen, Bekannten):

      "Rajiv Chail, Cormark Securities (6/21/11) "ADV's sole and flagship asset is its 100%-owned Kami project. . .strategically located to nearby infrastructure, including immediate access to roads, power, rail and ports. The company has outlined a resource of 608 Mt. at 30% Fe with potential to grow. The company has a strong management and board in place to see Kami through to production. . .we are initiating coverage on Alderon Resource with a Buy rating."


      Morning Coffee (6/17/11) "Alderon Resource Corp., one of Canada's junior iron ore players, announced from the 2011 winter program at its 100%-owned Kamistiatusset Iron Ore Project in western Labrador. . .management noted that these most-recent results are from North Rose and are all outside of the currently defined NI 43-101 resource estimate; highlights include: 1.) Hole K-11-114D intersected 30.7% total iron over 81.7m; 2.) Hole K-11-115 intersected 30.3% total iron over 135.9m and 31.8% total iron over 233.3m; and, 3.) Hole K-11-116 intersected 36.5% total iron over 73.2m. The North Rose Zone is located NW of Rose Central, which has a currently defined NI 43-101 indicated resource of 376.1 Mt. at 29.8% iron and an additional inferred resource of 46.0 Mt. at 29.8% iron. . .this new North Rose Zone will be part of the updated NI 43-101 resource estimate expected in Q311, the goal of which is to delineate 800 Mt. to 1 Bt. at a grade of 28%–32% iron ore."


      Rodney Cooper, Dundee Securities (6/15/11) "Alderon Resource Corp., a junior iron ore explorer operating in Canada's most-prolific and -prospective iron ore district, owns 100% of the Kamistiatusset (Kami) project, which hosts an initial NI 43-101 mineral resource inventory of 490 Mt. (indicated) grading 30% iron (Fe) with 118 Mt. (inferred) averaging 30.3% Fe, [and] we expect this resource will grow substantially in 2011 [with] production of 8M tpy iron ore concentrate potentially achievable by 2015. The company is significantly undervalued in the marketplace, with an EV/t Fe in situ of only US$1.06 versus companies in construction or in production, at US$6–$10/ton Fe, respectively; the management team consists of experienced exploration, engineering and operations professionals with direct, relevant and recent experience in the Labrador Trough. . .we initiate coverage of Alderon Resource Corp. with a BUY recommendation and a 12-month target price of CAD$5/share."


      John Redstone, Desjardins Securities (6/6/11) "We are initiating coverage of Alderon Resource Corp., a Canadian iron ore mine development company in the process of developing its Kami iron ore project in the Labrador Trough. . .given the strong market fundamentals for iron ore, the existing cost structure within the industry at both the operational and development stage, and the significant difficulties in bringing new production onstream, we expect the long-term iron ore fines price to average US$100/ton fob and the iron ore pellets price to average US$130/ton fob. We recommend investors buy the shares of ADV as a way to participate in the strong global iron ore market."


      The Gold Report Interview with Peter Grandich (5/11/11) The Gold Report: You've called an iron play on Quebec's north shore, Alderon Resource Corp., "The son of Consolidated Thompson," describing it as a legitimate takeover target and noting you're "hard-pressed to find a reason it can't make a new all-time high this quarter." Why are you so bullish on Alderon?

      Peter Grandich: I'm involved with other companies headed by Alderon Chief Executive Mark Morabito. He could write a book on how to build and develop a junior resource company. The company was born out of his initiative. It's a well-run and respected player in the game. Altius Minerals had a large iron ore project that wasn't getting the valuation. Alderon was created to run with it. It's had phenomenal drill results. The key here is that a large part of the management team at Consolidated Thompson, which is probably one of the better-known success stories in the business, left and became part of Alderon.

      Once the NI 43-101 is updated, one of the bigger players or a major Asian mining company will be hard-pressed to not to come in and take it out. ADV has the entire infrastructure and will reach its peak faster than Consolidated Thompson. That's why I think the stock is compelling.

      TGR: It has almost 500 Mt. iron at 30% and another 120 Mt. in the inferred category.

      PG: Alderon could have 1 billion pounds by year-end.

      TGR: There are a number of different companies in the vicinity that could be predators in this case.

      PG: It could be one of those, one of the worldwide major mining companies, or it could be one of the end-users that decides the company is too good to pass up. It's a legitimate takeover target. ...

      www.theaureport.com/pub/co/2385#quote "
      Avatar
      schrieb am 27.07.11 22:57:51
      Beitrag Nr. 45 ()
      Alderon Strengthens Mining Team with Addition of Former Iron Ore Company Vice President as Chief Executive Officer - Jul 6, 2011
      www.alderonmining.com/_resources/news/2011-07-06-NewsRelease…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 6, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the addition of Mr. Tayfun Eldem, P.Eng. as the President and Chief Executive Officer of the Company effective as of September 7, 2011, at which time Mr. Mark J. Morabito will assume the role of Executive Chairman and Mr. Stan Bharti will assume the role of Vice Chairman.


      Mr. Eldem has worked for the Iron Ore Company of Canada ("IOC"), a Rio Tinto subsidiary, for more than 20 years. During this period, Mr. Eldem has held many senior roles including Vice President, Expansion Projects & Engineering and Vice President, Operations & Engineering. Most recently Mr. Eldem was accountable for the development and delivery of a nearly $2.0 billion program :eek: :eek: of green and brown fields expansion projects. Additional responsibilities included strategic and tactical oversight of clean air and GHG reduction programs and the execution of sustaining capital investments and mineral exploration.

      Prior to his Projects role, Mr. Eldem was responsible for all of IOC's "Operations" including the mine, process plants, rail and port facilities. Mr. Eldem led a team of about 2,000 :eek: to deliver two consecutive years of record annual material movement :eek: at the mine and record ore processing through the concentrator.

      Mr. Eldem is a professional engineer who graduated from Technical University of Nova Scotia (TUNS) in Halifax and will be based out of Alderon's Montreal office.


      Consistent with the strategic plan to fast track the Kami Project, Mark J. Morabito, Alderon's co-founder and current President and CEO, will transition with Mr. Eldem and continue to be involved with Alderon as Executive Chairman of its Board of Directors. Mr. Morabito will focus on Alderon's capital market program, strategic initiatives, including potential off-take partners and corporate governance matters. Stan Bharti will transition to Vice Chairman and continue his close working relationship with Mr. Morabito, which has yielded ongoing positive results since they started working together in October 2009. In addition, Alderon will maintain its association with Forbes & Manhattan Inc. and leverage their proven technical and financial expertise.

      Stan Bharti, Director of Alderon states, "I'm thrilled that we are adding such expertise to our development and mining team with Tayfun. He will be instrumental in maintaining our aggressive timeline to production. Mark has assembled an unbeatable :eek: :eek: team and has done an outstanding job in leading them through some impressive milestones. The entire board looks forward to Tayfun and Mark working with the rest of the management team to advance Alderon through mine development and permitting."

      Alderon has granted Mr. Eldem, under the terms of its stock option plan, options to purchase 1,000,000 common shares at a price of $3.20 per share. The options are subject to vesting over a two year period and have an expiry date of July 6, 2016.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.
      On behalf of the Board

      " Stan Bharti "
      Executive Chairman "
      Avatar
      schrieb am 03.08.11 14:53:55
      Beitrag Nr. 46 ()
      Alderon: Metallurgical Testwork Indicates Marketable Sinter Feed Product - Aug 3, 2011
      www.marketwire.com/press-release/alderon-metallurgical-testw…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 3, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce preliminary metallurgical results based on analysis and interpretation by BBA Inc. of the testwork available to date on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Projected weight recovery and iron recovery will be 37.8% and 82.8% respectively. The concentrate produced will have a P50 of approximately 167 microns and a P80 of 263 microns. Based on Alderon's preliminary market survey, it is believed that this particle size distribution will be an acceptable product for a sinter feed application.


      The Kami Project Scoping Study scheduled for September 2011, will consider the production of a single combined concentrate from spiral separation ("spirals") and from a magnetic separation processing plant ("mag-plant"). Approximately 78% of the total concentrate is expected to be produced by the spirals and 22% by the mag-plant.

      Results suggest that a concentrate with the following chemical composition can be produced:


      Fe Mag Hem SiO2 Mn Al2O3 MgO CaO TiO2 Cr2O2 V2O5 P2O5 S
      65.5% 65.1% 26.3% 4.5% 0.75% 0.20% 0.43% 0.44% 0.04% <0.01% <0.01% <0.01% 0.053%


      Complete testwork results, as well as their detailed analysis and interpretation, will be released as part of the Scoping Study.

      "The positive metallurgical results are another significant step in bringing the Kami Project into operation," says Brian Penney, Chief Operating Officer of Alderon. "The concentrate particle size distribution indicated by the testwork demonstrates that magnetic separation will provide a concentrate acceptable for market demands. The concentrate is expected to have very low deleterious elements with phosphorous being less than 0.01% and alumina at only 0.20%. Manganese is within acceptable range at 0.75%, which will allow for the broadest possible market for the Kami product as it is well below the critical 1% cut-off."


      Metallurgical Testwork

      The testwork was performed over a range of particle sizes and included analysis of over 850 drill core samples with the following analytical techniques: Heavy Liquid Separation, Davis Tube Analysis, Wilfley Table and High Definition Mineralogical Analysis using a Quantitative Evaluation of Minerals by Scanning Electron Microscopy (QEMSCAN). The testwork was performed by SGS Minerals Services, an independent laboratory in Lakefield, Ontario.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Brian Penney, P.Eng., the Chief Operating Officer for Alderon and a Qualified Person as defined by NI 43-101 has reviewed and approved the technical information contained in this news release. Mr. Penney has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release.

      For more information on Alderon, please visit our website at www.alderonmining.com. Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical report and Mineral Resource Estimate on the Kamistiatusset property, Newfoundland and Labrador for Alderon Resource Corp." dated May 20, 2011.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, President & CEO "
      Avatar
      schrieb am 09.09.11 00:22:19
      Beitrag Nr. 47 ()
      Alderon Releases Positive Preliminary Economic Assessment - Sep 8, 2011

      Highlights of the Rose Central Kami Iron Ore PEA include:


      + Concentrate production rate of 8 million tonnes/year @a grade of 65.5% iron

      + Commercial production commencing in ´15 with a mine life of 15.3 years

      + Capital cost of US$989 million(excluding closure costs, sustaining capital &leased equipment)

      + Pre-Tax IRR of 40.2%

      + NPV(discounted @8%) of US$3.07 billion

      + Payback period of 2.7 years

      + Total operating cost(excluding royalties) of US$44.87/tonne concentrate(averaged over the life of mine) ...
      www.marketwire.com/press-release/alderon-releases-positive-p…
      http://alderonmining.com/_resources/kami/SitePlan.pdf
      www.marketwire.com/library/20110907-adv98.jpg

      "Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK SHEETS:ALDFF) ("Alderon") is pleased to announce that it has received the results of the Preliminary Economic Assessment ("PEA") on the Rose Central Deposit of the Kamistiatusset ("Kami") Iron Ore Property in western Labrador. The PEA was completed by BBA Inc. ("BBA") located in Montreal, Quebec and Stassinu Stantec Limited Partnership ("Stantec") located in St. John's, Newfoundland & Labrador and is effective as of September 8, 2011. The complete report will be filed on SEDAR and Alderon's website within 45 days of this news release.


      (...)

      "We are very excited to see such a high NPV, especially since this PEA is only based on the Rose Central zone of the Kami Property. There is significant upside once we include North Rose and Mills Lake," says Tayfun Eldem, President and CEO of Alderon. "These positive results allow us to move directly to the Feasibility Study phase and we expect that report by the third quarter of 2012."

      The PEA demonstrates very attractive project economics. Based on a production rate of 8 million tonnes per year of iron ore concentrate at a grade of 65.5% iron and an iron recovery of 82.8%, the PEA shows a Net Present Value ("NPV") of US$3.07 billion at a cash flow discount rate of 8%. The internal rate of return ("IRR") for the project is 40.2%.

      Alderon has a current indicated iron ore resource of 490 million tonnes at 30.0% iron and an additional inferred resource of 118 million tonnes at 30.3% iron (refer to News Release dated April 5, 2011 for further details). This mineral resource is contained within two zones, Rose Central and Mills Lake. The PEA is based only on the development of the Rose Central deposit which has an indicated iron ore resource of 376 million tonnes at 29.8% iron and an inferred iron ore resource of 46 million tonnes at 29.8% iron. The level of accuracy of the PEA is considered to be -20%/+30%.

      Alderon is presently exploring the Rose North deposit which is not developed sufficiently to be included in the PEA. As the Mills Lake deposit is anticipated to account for a much smaller portion of the overall resource, it has not been included in the PEA.

      The PEA is preliminary in nature and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.


      Financial Analysis

      Based on the assumption that commercial production would begin in Q4 2015 and would continue for 15.3 years, the following results were obtained:


      Table 1: Financial Analysis

      IRR 40.2%

      Discount Rate - NPV(billion US$) - Payback(years)

      5% 4.14 2.5
      8% 3.07 2.7
      10% 2.53 2.8


      Total capital expenditures (including contingency) are estimated at US$988.9 million. The capital cost estimate excludes closure costs and sustaining capital, which are expected to be in the order of US$25.4 million and US$198.4 million respectively for the life of the project.


      Table 2: Capital Costs(US$ Million)


      Mining 141.4
      Concentrator and Site Infrastructure 579.7
      Environmental and Tailings Management 19.8
      Rail Transportation 44.7
      Port Facilities 203.3

      TOTAL 988.9


      The PEA assumes a Concentrate selling price of US$115/tonne for the life of the project and includes a 3% gross sales royalty on iron ore concentrate to Altius Resources Inc., which is a wholly-owned subsidiary of Altius Minerals Corporation (TSX:ALS). Total operating costs, including annual costs for leasing of equipment (valued at US$259.2 million) over the life of the leases, are estimated at US$44.87/tonne of concentrate based on the following:


      Table 3: Operating Costs(US$/tonne of concentrate)


      Mining 20.36
      Concentrator 6.28
      Site Infrastructure (incl. Garage) 0.55
      General Administration 1.77
      Environmental and Tailings Management 0.32
      Rail Transportation 13.51
      Port Facilities 2.08

      TOTAL 44.87


      Project Summary

      The Kami Iron Ore Property is located approximately 10 km from the town of Wabush in Western Labrador and approximately 6 km south from the Wabush Mines mining lease owned by Cliffs Natural Resources Inc. The proposed project at the Kami site, as stated in the PEA, includes the following components:

      + The Rose Central ore deposit and waste rock disposal areas;

      + Processing infrastructure including a crushing and grinding circuit, spiral plant, magnetite plant, concentrator and tailings thickener;

      + Tailings Management Facility;

      + Ancillary infrastructure to support the mine and process plant (gate and guardhouse, reclaim water pumphouse, truck wash bay and repair shop, electrical substation, administration/office buildings, maintenance offices, warehouse area and employee facilities, conveyors, loadout silo, stockpiles, sewage and wastewater treatment system infrastructure, mobile equipment and transmission lines); and

      + A rail transportation component including a total of 19 km spur line construction (17 km main track and loop and 2 km of yard track) to connect the mine site to the Quebec North Shore & Labrador (QNSL) Railway.


      The proposed site plan for the Kami Property, as prepared by BBA, can be viewed below or at: http://alderonmining.com/_resources/kami/SitePlan.pdf

      To view the Alderon site plan associated with this press release, please visit the following link: www.marketwire.com/library/20110907-adv98.jpg


      Facilities at the port will include:

      + A rail transportation component consisting of a Sept-Iles Junction interchange, railway spur line and staging tracks

      + A car dumper

      + A stacker/reclaimer system

      + A concentrate storage area with a capacity of 800,000 tonnes

      + A conveyor system feeding the common deep water shiploading facility, capable of loading high capacity vessels destined for Asia, operated by the Port of Sept-Iles


      The proposed project will produce eight million metric tonnes of iron ore concentrate from the mine per year and will ship concentrate to market via the Port of Sept-Iles facilities at Pointe Noire, Quebec. Ore processing will involve the following steps:

      + Ore will be mined from the open pit mine using conventional drill and blast techniques and transported via haul trucks;

      + Ore will be hauled to the primary crusher in proximity of the pit and the crushed ore will be delivered to the stockpile and to the process plant via conveyor;

      + The process plant will include grinding, screening, and gravity and magnetic concentration;

      + Tailings (process waste) will be pumped to the tailings impoundment area south of the process plant; and

      + Iron ore concentrate will be loaded onto gondola rail cars for transportation to the Port of Sept-Iles where it will be transferred to ships for delivery to market.


      Technical Report

      An NI 43-101 Technical Report will be filed on SEDAR and on Alderon's website within 45 days of the date of this news release. The report will include a summary of the Preliminary Economic Analysis. The report is being prepared under the supervision of Angelo Grandillo, P.Eng., of BBA, a Qualified Person as defined by NI 43-101, with contributions from Stantec and Watts, Griffis and McOuat Ltd.


      Qualified Person

      The PEA was prepared under the supervision of Angelo Grandillo, P.Eng., with BBA. Mr. Grandillo is a Qualified Person as defined by NI 43-101 and Mr. Grandillo is independent of Alderon. Mr. Grandillo has reviewed and is responsible for the technical information contained in this news release. Mr. Grandillo has verified all the data disclosed in this news release.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical report and Mineral Resource Estimate on the Kamistiatusset property, Newfoundland and Labrador for Alderon Resource Corp." dated May 20, 2011.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 13.09.11 18:45:06
      Beitrag Nr. 48 ()
      Zitat von Popeye82: This mineral resource is contained within two zones, Rose Central and Mills Lake. The PEA is based only on the development of the Rose Central deposit which has an indicated iron ore resource of 376 million tonnes at 29.8% iron and an inferred iron ore resource of 46 million tonnes at 29.8% iron. The level of accuracy of the PEA is considered to be -20%/+30%.

      Alderon is presently exploring the Rose North deposit which is not developed sufficiently to be included in the PEA.
      [/b]


      damit jetzt auch Gesamtresourcenziel(800 -1.000Mt), locker, übertroffen, Gesamtsteigerung um ~78%

      Alderon Announces Initial Iron Resource @North Rose - Sep 13, 2011
      www.marketwire.com/press-release/alderon-announces-initial-i…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 13, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK SHEETS:ALDFF) ("Alderon") is pleased to announce the results of the initial National Instrument (NI) 43-101 Mineral Resource estimate on the North Rose Deposit of the Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The inferred Mineral Resource estimate at North Rose totals 480 million tonnes at 30.3% iron based on a cut-off grade of 20% iron. The resource estimate for all three zones (North Rose, Rose Central and Mills Lake) within the Kami Project is:

      + 490 million tonnes at 30.0% iron indicated
      + 598 million tonnes at 30.3% iron inferred


      Refer to the table below for tonnage and grade details on North Rose and News Release dated April 5, 2011 for details on Rose Central and Mills Lake.

      "These results are fantastic and we have again exceeded our own publically stated objectives," says Tayfun Eldem, President and CEO of Alderon. "The goal of our current program is to upgrade the majority of the inferred resource into the indicated category ahead of our feasibility study expected by the third quarter of 2012."

      The North Rose Deposit has a currently defined strike length of about 1,600 metres (m) and a true thickness of up to 250 m and is open for expansion along strike to the southwest and at depth. The inferred resource at North Rose totals 480 million tonnes, which includes a magnetite-rich zone and a hematite-rich zone.


      NORTH ROSE INFERRED RESOURCE

      Cut-off % - Tonnes(million) - Total Iron %- Oxide Iron % *

      25.0 448.5 30.8 29.2
      22.5 477.5 30.4 28.7
      20.0 479.9 30.3 28.6

      * Note: Oxide Iron is the combined iron in Magnetite and Hematite


      Resource Estimate Details

      The mineral resource estimate for the North Rose Deposit is based on results from 25 diamond drill holes totaling 6,372 m and is effective as of September 13, 2011. Watts, Griffis and McOuat Limited ("WGM"), Consulting Geologists and Engineers of Toronto, Canada, was retained to audit an in-house estimate completed by Alderon. Mr. Michael Kociumbas, P.Geo., and Mr. Richard Risto, P.Geo., with independent firm, WGM, are Qualified Persons as defined by NI 43-101 and are responsible for reviewing and approving this mineral resource estimate. They have verified, reviewed and approved the technical data contained in this news release and underlying sampling, analytical and test data. The estimate is classified as an inferred mineral resource, consistent with the CIM definitions referred to in NI 43-101. This NI 43-101 compliant estimate will be filed in a Technical Report on SEDAR within 45 days of this news release. Alderon is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issues which may materially affect its estimate of mineral resources.


      The geological and mineral resource modelling parameters consisted of:

      + creation of 3-D wireframes from the drillhole information – the magnetite-rich zone and the hematite-rich zone were modelled separately;

      + a block model procedure (block sizes of 20 m x 5 m x 5 m) was used with grades interpolated utilizing an Inverse Distance Squared estimation technique; Total Iron (TFe%), Fe in magnetite, Fe in hematite, Manganese% and SiO2% were modelled; and

      + an average density of 3.3 tonnes per cubic m was used for both the magnetite and hematite zones.


      Sawn drill core samples were sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis was performed using X-ray fluorescence (XRF) and the magnetic component was determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays were included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.

      Alderon's exploration work on the Kami Project is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has verified that the results used for the resource estimate were accurate from the official assay certificates provided to Alderon.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonmining.com. Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical report and Mineral Resource Estimate on the Kamistiatusset property, Newfoundland and Labrador for Alderon Resource Corp." dated May 20, 2011.

      ALDERON RESOURCE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 21.09.11 15:51:13
      Beitrag Nr. 49 ()
      NMatthews
      Alderon Expands Corporate Presence in Newfoundland & Labrador
      September 21, 2011 - 09:00:00 AM ST. JOHN'S, NEWFOUNDLAND--(Marketwire - Sept. 21, 2011) - One of Canada's leading iron ore development companies has expanded its presence in Newfoundland & Labrador. Alderon Resource Corp. ("Alderon") (TSX VENTURE:ADV)(OTCQX:ALDFF) today announced the opening of a corporate office in St. John's as it continues to advance its iron ore project, the Kamistiatusset ("Kami") Property.

      The 100% owned Kami project is located outside Wabush and Labrador City in Western Labrador. Alderon has completed a preliminary economic assessment and announced an iron resource estimate.

      "The timing is right to firmly establish Alderon's presence in Newfoundland & Labrador given the positive results we have seen in our preliminary economic assessment of the Kami project," said Tayfun Eldem, President and CEO of Alderon. "This is an exciting day for our company as we move into the next phase of development."

      "Our company looks forward to becoming part of the local corporate community and increasing our on-the-ground presence in Labrador," added Mark Morabito, Executive Chairman of Alderon. "We have assembled an experienced team and are well positioned to move the project through the development stage and into production. We will continue our efforts to include all stakeholders and local service providers as part of our development plan."

      The company currently employs over 20 people in Labrador and is scheduled to open an office in Labrador West this Fall. Further exploration and geotechnical drilling will take place in the coming months. The Kami Project is expected to begin construction in late 2013 and will be a flagship development with the potential to gain global attention for the province's resource sector.

      To view a photo associated with this press release, please click on the following link: http://media3.marketwire.com/docs/a920.pdf
      Avatar
      schrieb am 06.10.11 22:14:19
      Beitrag Nr. 50 ()
      Alderon Announces Name Change to Alderon Iron Ore Corp. - Oct 4, 2011
      www.marketwire.com/press-release/alderon-announces-name-chan…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 4, 2011) - Alderon Resource Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK SHEETS:ALDFF) ("Alderon") is pleased to announce that its name has changed to Alderon Iron Ore Corp. Alderon has renamed itself to properly reflect its focus on the development of Kamistiatusset ("Kami") Iron Ore Project.

      Alderon's trading symbols: ADV on the TSX Venture Exchange and ALDFF on the OTCQX, will remain unchanged. It is anticipated that the Company's common shares will commence trading on the TSX Venture Exchange under the new name on or about October 5, 2011. Alderon's new website address is www.alderonironore.com.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 06.10.11 22:20:19
      Beitrag Nr. 51 ()
      Alderon Reports Results From Mills Lake, in Preparation for Upgraded Resource - Oct 6, 2011
      www.marketwire.com/press-release/alderon-reports-results-fro…
      www.alderonironore.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 6, 2011) - Alderon Iron Ore Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK SHEETS:ALDFF) ("Alderon") is pleased to announce the first set of drill results from the ongoing drill program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. These results are from the Mills Lake Zone and are all within the currently defined National Instrument ("NI") 43-101 resource estimate. They will be used to upgrade the resource from the inferred to the indicated category in preparation for the Feasibility Study.


      Highlights include:


      Drill Hole - From(meters) - To(meters) - Length(meters) - Total Iron %

      K-11-118
      36.9 68.4 31.5 30.8
      and 103.1 174.2 71.1 30.6

      K-11-120 7.0 24.1 17.1 28.7
      and 62.7 140.5 77.8 30.5

      K-11-122A 3.5 12.6 9.1 29.5
      and 67.4 153.0 85.6 29.7

      K-11-124 52.9 146.2 93.3 29.7

      K-11-125 22.1 80.1 58.0 28.7
      and 131.1 216.0 84.9 30.8

      K-11-126 37.0 131.3 61.2 30.7


      "We are very pleased to be intersecting the expected grade and thickness during our infill drilling program," says Tayfun Eldem, President and CEO of Alderon. "We are well on our way to upgrading our resource from the inferred to indicated category in order to produce a Feasibility Study in Q3 of 2012."

      The Mills Lake Zone is located approximately 3 kilometers southeast of the Rose Zone, which together have a currently defined NI 43-101 indicated resource of 490 million tonnes at 30.0% iron and an additional inferred resource of 598 million tonnes at 30.3% iron (refer to News Releases dated September 13, 2011 and April 5, 2011 for further details).

      Complete assay highlights with drill plan maps are posted on the Alderon website at: www.alderonironore.com/projects/kami/.

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 72% and 92% of the core interval as reported. All samples were prepared from sawn NQ- or HQ-sized half-core sections on site in Labrador. Split drill core samples are then sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and approved the technical information contained in this news release. Mr. Lyons has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Mr. Lyons has verified that the results were accurate from the official assay certificates provided to Alderon.

      Additional information about the Kami Project and the initial resource estimate can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical report and Mineral resource estimate on the Kamistiatusset property, Newfoundland and Labrador for Alderon Iron Ore Corp." dated May 20, 2011. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 12.10.11 01:14:31
      Beitrag Nr. 52 ()
      Alderon to Commence Trading on the Toronto Stock Exchange - Oct 11, 2011
      www.marketwire.com/press-release/alderon-to-commence-trading…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 11, 2011) - Alderon Iron Ore Corp. (TSX VENTURE:ADV)(OTCQX:ALDFF)(PINK SHEETS:ALDFF) ("Alderon") is pleased to announce that it has received final approval for its common shares to be listed and commence trading on the Toronto Stock Exchange ("TSX") at the opening of trading on Wednesday, October 12, 2011. The Company shall retain its current trading symbol "ADV". Concurrently, Alderon's common shares will be delisted from the TSX Venture Exchange.

      Alderon's President and Chief Executive Officer, Tayfun Eldem commented, "The TSX is the premier global exchange for the mining industry and this listing is a significant milestone for Alderon. The TSX listing represents an opportunity to provide greater accessibility and liquidity to a broader group of investors and provides increased market recognition and access to capital."


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at: www.alderonironore.com

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 26.10.11 01:07:47
      Beitrag Nr. 53 ()
      Alderon Files Preliminary Economic Assessment Technical Report - Oct 13, 2011
      www.marketwire.com/press-release/alderon-files-preliminary-e…
      Avatar
      schrieb am 26.10.11 01:17:37
      Beitrag Nr. 54 ()
      Zitat von Popeye82: Alderon Releases Positive Preliminary Economic Assessment - Sep 8, 2011

      Highlights of the Rose Central Kami Iron Ore PEA include:


      + Concentrate production rate of 8 million tonnes/year @a grade of 65.5% iron ...




      (spätere)Output-Optionen werden möglicherweise nochmals erhöht, ums doppelte. Wenn das denn kommen sollte, dürfte das wahrs. noch einen ganz netten Effekt haben("Economies of Scale", blablabla). DAzu gäbe es noch ´n paar ganz nette OptimierungsMÖGLICHKEITEN:

      Alderon Registers Kami Project: Planned Production of 16-million Tonnes/Year - Oct 25, 2011
      www.marketwire.com/press-release/alderon-registers-kami-proj…
      www.env.gov.nl.ca/env/env_assessment/projects/Y2011/1611/ind…
      www.miningweekly.com/article/alderon-lodges-environmental-ap…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2011) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has initiated the Federal and Provincial Environmental Assessment processes for the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. Alderon has submitted the required documentation (the "Registration Documents") to the Canadian Environmental Assessment Agency and the Department of Environment and Conservation, Government of Newfoundland and Labrador and each of these agencies has confirmed acceptance of the filing of the Registration Documents.

      The Registration Documents include provision to increase planned production at the Kami Project to 16 million tonnes of iron ore concentrate annually as part of a second phase capital expansion. Alderon believes that on the completion of definition drilling planned for the winter 2012 drill program, that it will be able to upgrade a substantial portion of its currently defined inferred resources to the indicated resource category. Assuming the successful completion of the resource upgrade, the expansion to 16 million tonnes will be included in the Feasibility Study.


      "The filing and acceptance of the Registration Documents mark a significant step forward in advancing our Kami project towards receiving the necessary approvals to allow construction to commence on schedule in late 2013," says Tayfun Eldem, President and CEO of Alderon. "We included the planned expansion to 16 million tonnes in the Registration Documents based on our confidence in the size and quality of Alderon's resource combined with a robust iron ore market that will allow Alderon to build a long life mining operation and use the cash flow from its initial phase to fund a rapid expansion."

      The Registration Documents are available for viewing on the Government of Newfoundland and Labrador Department of Environment and Conservation website and may be accessed using the following link: www.env.gov.nl.ca/env/env_assessment/projects/Y2011/1611/index.html.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Brian Penney, P. Eng., the Chief Operating Officer for Alderon and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonironore.com. Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled "Technical Report Preliminary Economic Assessment Report of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated September 8, 2011.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 28.10.11 17:53:49
      Beitrag Nr. 55 ()
      Alderon Appoints Executive VP, Project Execution +New CFO - Oct 27, 2011
      www.marketwire.com/press-release/alderon-appoints-executive-…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 27, 2011) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the intended appointment of Bernard Potvin as Executive Vice President, Project Execution, effective as of November 14, 2011 and Keith Santorelli as Chief Financial Officer, effective as of November 28, 2011. Upon the effective date of appointment of Mr. Santorelli as Chief Financial Officer, Ms. Sonya Atwal will resign as Chief Financial Officer.


      Mr. Potvin has over 37 years of experience in mining and processing operations and brings with him substantial expertise in engineering, maintenance, project development and construction. Throughout his career Mr. Potvin has held senior roles at Quebec Cartier Mining, Reynolds Metals, Alcoa and the Iron Ore Company of Canada ("IOC"), a Rio Tinto subsidiary. During his tenure at IOC, Mr. Potvin held the role of General Manager of Expansion Projects, successfully managing green and brown field expansion projects in Labrador City and Sept Îles. Mr. Potvin has extensive project management experience in iron ore and aluminum, and has executed a number of successful projects in excess of $1 billion. Mr. Potvin holds a Mechanical Engineering Degree from Laval University.

      Mr. Santorelli is a Certified Public Accountant with over 16 years of experience, including working for a publicly traded biopharmaceutical company for the past three years as Vice President, Finance. He has a wide range of expertise in various areas of complex US GAAP and IFRS accounting in both publicly traded and private companies in the United States, Canada and internationally. Keith also has experience in group structuring and financing, IFRS conversion and training, financial management, external reporting and employee professional development. Mr. Santorelli holds a Bachelor's degree in Accountancy from the University of Massachusetts, as well as an MA from McGill University, and speaks four languages.

      Tayfun Eldem, President and Chief Executive Officer of Alderon, states, "I am thrilled with the additions of Keith and Bernard to the Alderon team. They will be based in Alderon's growing Montreal office and their expertise and contributions will be invaluable in the continued development of the Kami Project."

      Alderon further announces the resignation of Brian Penney as Chief Operating Officer in order to accept a Chief Executive Officer role with another iron ore development company in the Forbes & Manhattan group. Mr. Penney will continue his involvement with Alderon on a consulting basis.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 28.10.11 17:55:27
      Beitrag Nr. 56 ()
      Alderon Files Technical Report for North Rose Resource - Oct 28, 2011
      www.marketwire.com/press-release/alderon-files-technical-rep…
      Avatar
      schrieb am 22.11.11 15:04:03
      Beitrag Nr. 57 ()
      Alderon Iron Ore Announces $6.0 Million Non-Brokered Private Placement of Flow-Through Shares - Nov 10, 2011
      www.marketwire.com/press-release/alderon-iron-ore-announces-…

      "Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce a non-brokered private placement of 2,000,000 flow-through common shares (the "Flow-Through Shares") at a price of $3.00 per Flow-Through Share for gross proceeds of $6,000,000 (the "Offering").

      In connection with the Offering, the Company will pay a cash finders' fee equal to 6.0% of the gross proceeds raised under the Offering.

      The Closing Date of the Offering is scheduled on or about November 30, 2011. All securities issued will be subject to a four month hold period. The Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.

      The gross proceeds of the offering will be used for exploration expenditures on the Company's Kami Project, which will constitute Canadian exploration expenditures (as defined in the Income Tax Act (Canada)) and will be renounced for the 2011 taxation year.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.


      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 22.11.11 15:10:44
      Beitrag Nr. 58 ()
      Alderon Resource Upgrade Program Continues On Course; drills "up to" 447.0m @28.7% Fe - Nov 22, 2011
      www.marketwire.com/press-release/alderon-resource-upgrade-pr…
      www.alderonironore.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 22, 2011) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF)("Alderon") is pleased to announce additional assay results from the ongoing drill program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. These results are from the Rose Central Zone and are all within the currently defined National Instrument ("NI") 43-101 resource estimate. They will be used to upgrade the resource from the indicated and inferred to the measured and indicated categories in preparation for the Feasibility Study.


      Highlights include:

      Drill Hole - From(metres) - To(metres) - Interval(metres) - Total Iron %

      K-11-128 14 111.5 97.5 28.8

      K-11-130 130.5 235.4 104.9 28.5
      and 420.4 500.8 80.4 27.0

      K-11-131 129.0 576.0 447.0 28.7

      K-11-133 216.1 306.5 90.4 26.1
      and 320.0 421.5 101.5 26.2

      K-11-135 107.0 185.8 78.8 27.0

      K-11-136 215.9 549.5 333.6 28.0

      K-11-140 218.0 500.0 282.0 30.1

      K-11-145 250.2 359.0 108.8 29.2


      "We are very pleased with this latest batch of assay results, as they continue to show the substantial thickness and the consistent grade that we expected," says Tayfun Eldem, President and CEO of Alderon. "We continue to make excellent progress with the goal of upgrading our resource, as we work to complete the Feasibility Study in Q3 of 2012."

      Rose Central, together with Mills Lake and North Rose, have a currently defined NI43-101 indicated resource of 490 million tonnes at 30.0% iron and an additional inferred resource of 598 million tonnes at 30.3% iron.

      Complete assay highlights with drill plan maps are posted on the Alderon website at: www.alderonironore.com/projects/kami/.

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 41% and 65% of the core interval as reported. All samples were prepared from sawn NQ- or HQ-sized half-core sections on-site in Labrador. Split drill core samples are then sent to independent contractor SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and approved the technical information contained in this news release. Mr. Lyons has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Mr. Lyons has verified that the results were accurate from the official assay certificates provided to Alderon.

      Additional information about the Kami Project can be found in the technical reports filed on SEDAR at www.sedar.com entitled: "Preliminary Economic Assessment Report of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated September 8, 2011; and "Technical Report and Mineral Resource Estimate on the Rose North Deposit, Kamistiatusset Property, Newfoundland and Labrador for Alderon Iron Ore Corp." dated October 26, 2011. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 01.12.11 16:26:15
      Beitrag Nr. 59 ()
      Antwort auf Beitrag Nr.: 42.383.855 von Popeye82 am 22.11.11 15:04:03

      Alderon Iron Ore Closes $6.0 Million Non-Brokered Private Placement of Flow-Through Shares - Dec 1, 2011
      www.marketwire.com/press-release/alderon-iron-ore-closes-60-…

      "Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has closed its previously announced non-brokered private placement of 2,000,000 flow-through common shares (the "Flow-Through Shares") at a price of $3.00 per Flow-Through Share for gross proceeds of $6,000,000 (the "Offering").

      The gross proceeds raised from the Offering will be used by Alderon for exploration expenditures on its Kamistiatusset Project, which will constitute Canadian exploration expenditures (as defined in the Income Tax Act (Canada)) and will be renounced for the 2011 taxation year.

      Alderon has paid cash finder's fees equal to 6.0% of the gross proceeds raised under the Offering.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 05.01.12 15:50:01
      Beitrag Nr. 60 ()
      Alderon Appoints Danny Williams as Special Advisor to the Chairman - Jan 5, 2012
      www.marketwire.com/press-release/alderon-appoints-danny-will…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 5, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce the appointment of Mr. Danny Williams, QC, former Premier of Newfoundland +Labrador :eek: , as Special Advisor to the Chairman of Alderon. Mr. Williams served as Premier of Newfoundland +Labrador from October ´03 until November ´10, retiring from the position @a time when his government had an approval rating of >80% :eek: :eek: .


      Alderon is developing its 100% owned Kami Iron Ore Project located within the Labrador Trough, next to the mining towns of Wabush, Labrador City +Fermont. The Kami Project currently hosts an NI 43-101 indicated mineral resource of 490.000.000 tonnes @30.0% iron +an additional inferred mineral resource of 598.000.000 tonnes @30.3% iron contained within three zones: North Rose, Rose Central +Mills Lake. Up to an additional 18.000 m of infill drilling will be carried out during the ´12 Winter Drill Program with a view to upgrading a substantial portion of the currently defined inferred resource to the indicated resource category in preparation for the completion of a Feasibility Study in Q3 ´12.

      Based on the recently completed Rose Central Preliminary Economic Assessment("PEA"), Alderon plans to commence commercial production in ´15 @a rate of 8.000.000 tonnes/year("Mtpa") @a concentrate grade of 65.5% iron. Alderon has initiated the Federal +Provincial Environmental Assessment Process +the registration documents include a provision to increase planned production from 8.000.000tpa to 16.000.000tpa as part of a 2nd phase capital expansion.

      Alderon expects the development of the Kami Project to provide significant economic benefits to Newfoundland +Labrador including the creation of >1.500 full time jobs over a period of 20 years including 268 jobs directly @the mine +concentrator, 1.254 jobs indirectly for local service +support groups +768 temporary jobs during construction. These job creation forecasts are based on the 8.000.000 t/a production scenario only.

      Danny Williams, Special Advisor to the Chairman of Alderon, states, "I am honoured to be joining Alderon as its Kami Project is the 1st greenfields iron ore project in the Labrador Trough expected to go to development in the last 35 years :eek: +will be an important contributor to the economy of Labrador West +Newfoundland +Labrador as a whole for many years to come :eek: ."

      Mark Morabito, Executive Chairman of Alderon, states, "I am extremely pleased that Danny has agreed to join the Alderon team. He will be an incredible resource for us in the months +years ahead as we advance our Kami project, strengthen our reputation within the Province +continue to work to distinguish ourselves as a leading corporate citizen in Newfoundland +Labrador :eek: ."

      In addition to his distinguished public service career, Mr. Williams has also been deeply involved in private sector business development in the province. Early in his career, Mr. Williams led a consortium of business people seeking Newfoundland +Labrador's 1st cable television licence :eek: :laugh: . From ´75, he guided Cable Atlantic through acquisitions of systems in Gander, Grand Falls-Windsor, Corner Brook, Port aux Basques +other centers, to become one of the largest communications companies in Atlantic Canada :eek: . He has also been involved in Newfoundland +Labrador's oil +gas industry as president of offshore oil +gas supply +services company OIS Fisher(later Spectrol), +in the hospitality +tourism industry through the operation of three golf courses +one hotel resort.

      Mr. Williams studied political science +economics @Memorial University of Newfoundland. Awarded the Rhodes Scholarship in ´69, he received a degree in Arts in Law from Oxford University in England, +returned to Canada to earn a Bachelor of Law degree from Dalhousie University in Halifax. He practiced law in Newfoundland +Labrador beginning in ´72 +was appointed Queen's Counsel in ´84.


      Additional Information

      Edward Lyons, P. Geo., the Chief Geologist for Alderon +a Qualified Person as defined by National Instrument 43-101, has reviewed +approved the technical information contained in this news release.

      The PEA is preliminary in nature +it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is NO certainty that the conclusions reached in the PEA will be realized :eek: . Mineral resources that are not mineral reserves do not have demonstrated economic viability :eek: .

      The provision to increase planned production to 16.000.000 tpa does not currently form part of a preliminary economic assessment, pre-feasibility study or feasibility study. The increase is intended to form part of the Feasibility Study being prepared on the Kami project but it is contingent on the upgrade of a substantial portion of Alderon's inferred resources to the indicated category through definition drilling planned for the winter of ´12.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR @www.sedar.com entitled "Technical Report Preliminary Economic Assessment Report of the Kamistiatusset(Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated September 8, ´11. Additional information regarding the current mineral resource estimate on the North Rose Deposit of the Kami Project can be found in the technical report filed on SEDAR @www.sedar.com entitled "Technical Report +Mineral Resource Estimate of the Rose North Deposit, Kamistiatusset Property, Newfoundland +Labrador for Alderon Iron Ore Corp." dated October 26, ´11.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal +St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district :eek: +is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website @ www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 10.01.12 15:46:40
      Beitrag Nr. 61 ()
      Alderon Commences Final Drill Program Before Feasibility Study - Jan 10, 2012
      www.marketwire.com/press-release/alderon-commences-final-dri…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that the 2012 winter drilling program has commenced at its 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The four month drill program will be focused predominately on North Rose and will include up to 18,000 metres of drilling with six drills. The program will concentrate on infill drilling with the goal of upgrading the current mineral resource into the measured and indicated categories in preparation for the Feasibility Study expected in Q3 2012.


      "We are excited to get our 2012 program underway and be back drilling on North Rose," says Tayfun Eldem, President and CEO of Alderon. "Our 2011 program was extremely successful and we are looking forward to building on that success as we work to upgrade our resource in advance of completing the Feasibility Study in Q3. The final phase of drilling represents another major milestone in driving Kami through the development stage into production."

      North Rose, together with Rose Central and Mills Lake, have a currently defined NI 43-101 indicated resource of 490 million tonnes at 30.0% iron and an additional inferred resource of 598 million tonnes at 30.3% iron.

      The proposed drill hole location map is posted on the Alderon website at: www.alderonmining.com/projects/kami/


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and approved the technical information contained in this news release.

      Additional information about the Kami Project can be found in the technical reports filed on SEDAR at www.sedar.com entitled: "Preliminary Economic Assessment Report of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated September 8, 2011; and "Technical Report and Mineral Resource Estimate on the Rose North Deposit, Kamistiatusset Property, Newfoundland and Labrador for Alderon Iron Ore Corp." dated October 26, 2011. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 12.01.12 15:30:46
      Beitrag Nr. 62 ()
      Alderon Announces Strategic Investment by Liberty Metals +Mining Holdings, LLC :eek: - Jan 12, 2012
      www.marketwire.com/press-release/alderon-announces-strategic…

      "Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has entered into a subscription agreement with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Group. Pursuant to the subscription agreement, LMM will purchase 14,981,273 common shares (the "Purchased Shares") of Alderon on a private placement basis for an aggregate purchase price of approximately C$40 million at a price per Purchased Share of C$2.67 (the "Placement"). The purchase price was based on the volume weighted average price of Alderon's common shares on the Toronto Stock Exchange for the twenty trading days ended January 11, 2012.


      Pursuant to the subscription agreement, LMM will be entitled to nominate one person to be appointed to the board of directors of Alderon and will have a pre-emptive right to participate in any future equity financings of Alderon. In the event that LMM desires to sell any of the Purchased Shares, Alderon will hold the right to identify a purchaser or purchasers to whom such Purchased Shares shall be sold.

      Alderon intends to use the net proceeds of the Placement primarily to fund the drilling program and feasibility study for Alderon's main asset, the Kami iron ore project (the "Kami Project"), to secure long-lead equipment and for general and administrative expenses.

      The Placement is subject to receipt of all necessary corporate and regulatory approvals, including the approval of the Toronto Stock Exchange.

      The Purchased Shares described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United States.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 16.01.12 16:50:09
      Beitrag Nr. 63 ()
      Antwort auf Beitrag Nr.: 42.585.107 von Popeye82 am 12.01.12 15:30:46
      Alderon Announces Closing of $40.000.000 Strategic Investment - Jan 16, 2012
      www.marketwire.com/press-release/alderon-announces-closing-o…

      "Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has closed a C$40 million strategic investment from Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Group. LMM purchased 14,981,273 common shares (the "Purchased Shares") of Alderon on a private placement basis for an aggregate purchase price of approximately C$40 million at a price per Purchased Share of $2.67 (the "Placement"). The purchase price was based on the volume weighted average price of Alderon's shares on the Toronto Stock Exchange for the twenty trading days ended January 11, 2012.


      Pursuant to the terms of the subscription agreement between LMM and Alderon, LMM has nominated Christopher Noel Dunn to be appointed to the Alderon board of directors. Mr. Dunn is Managing Director of LMM. He has spent most of his career working in investment banking, primarily with Goldman Sachs, managing a capital underwriting business in London. In later years, he worked with Bear Stearns and JP Morgan as a leader of their respective investment banking practices in mining and metals. Mr. Dunn is a non-executive director of Pan American Silver Corp. and Pretium Resources Inc.

      "We are very pleased that Liberty Metals & Mining has chosen to make such a sizable investment in Alderon at this crucial juncture in the development of our Kami project," stated Mark Morabito, Executive Chairman of Alderon. "This investment should fully finance our Kami project through the completion of the 2012 winter drilling program and Feasibility Study expected in Q3 2012. I would also like to welcome Noel Dunn to the Alderon board. Noel will bring significant experience in equity and debt financing and is a great addition to the Alderon board."

      Under the terms of the subscription agreement, LMM has a pre-emptive right to participate in future equity financings of Alderon. In the event that LMM desires to sell any of its Purchased Shares, Alderon will hold the right to identify a purchaser or purchasers to whom such Purchased Shares shall be sold.

      Alderon intends to use the net proceeds of the Placement primarily to fund the drilling program and feasibility study for Alderon's main asset, the Kami iron ore project, to secure long-lead equipment and for general and administrative expenses.


      The Purchased Shares described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of Alderon's securities in the United States.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 14.02.12 17:15:26
      Beitrag Nr. 64 ()
      Alderon Iron Ore Corp.: Federal Government Announces Investment in New Multi-User Deep Water Dock, @the Port of Sept-Iles - Feb 14, 2012
      www.marketwire.com/press-release/alderon-iron-ore-corp-feder…
      www.newswire.ca/en/story/920521/harper-government-announces-…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon" or the "Company") is pleased to announce that the Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities, along with the Honourable Peter Penashue, Minister of Intergovernmental Affairs, announced yesterday in a press release that the Government of Canada will invest up to $55 million and will contribute to the construction of a new multi-user deep water dock at the Port of Sept-Îles equipped with two ship loaders, as well as two conveyor lines. Construction of the new multi-user facility is expected to be completed by the end of March 2014.


      "The construction of the new multi-user facility at the Port of Sept-Îles is critical to Alderon's development plans," says Mark Morabito, Executive Chairman of Alderon. "Alderon looks forward to working with the Port in an effort to ensure that necessary agreements and infrastructure are in place in time for Alderon's commencement of commercial production from the Kami Project expected in 2015."

      "The Government of Canada sees Quebec's ports as a gateway to global markets," said Minister Lebel. "The Port of Sept-Îles is a strategic port for Canada :eek: and an important component of Quebec's maritime system supporting trade, and its development will lead to jobs in the region, northern Quebec and Labrador."

      "The benefits this new project will bring to the iron ore industry in the region will strengthen the economy for Labrador and Quebec, and will encourage growth for many years to come," added Minister Penashue.

      This investment will help the port meet global shipping standards for the iron ore industry, which is the largest commodity shipped through the port to overseas markets. It will also boost the effectiveness and capacity of port operations.

      The information regarding the investment by the Government of Canada and the quotes from Minister Lebel and Minister Penashue are taken from the February 13, 2012 press release which can be found at the following link: http://www.newswire.ca/en/story/920521/harper-government-ann…


      About the Port of Sept-Îles

      A deep water port, situated 650 kilometres down river from Quebec City on the North Shore of the Gulf of St. Lawrence on the Atlantic Ocean, the Port of Sept-Iles is a large natural harbour, more than 80 metres in depth, which is open to navigation year round. The port is characterized by its deep waters and 10 km wide semi-circular bay.

      The Port of Sept-Îles is the most important port for the shipment of iron ore in North America :eek: :eek: serving the Quebec and Labrador mining industry. With a full range of high-performance equipment, the Port of Sept-Îles is North America's leading iron ore port and will now become Canada's second largest in terms of annual volume handled :eek: , with close to 34 million tons expected in 2012. Sept-Îles' port facilities play a vital and strategic role in the operation of a number of businesses from the region's primary sector. The port's annual economic impact is estimated at nearly $1 billion, with some 4,000 direct and indirect jobs. Port activity at the Port of Sept-Îles therefore remains a significant source of wealth creation in Quebec and Canada :eek: .


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 16.02.12 15:54:17
      Beitrag Nr. 65 ()
      Alderon Continues to Receive Positive Drill Results, in Preparation for Feasibility Study - Feb 16, 2012
      www.marketwire.com/press-release/alderon-continues-receive-p…
      www.alderonironore.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon") is pleased to announce that it has received the final set of results from its 2011 drill program on the 100% owned Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The 2011 drilling campaign consisted of 86 holes, totaling 22,250 metres, and was executed with the goal of upgrading the currently defined mineral resource estimate from the Indicated and Inferred categories to the Measured and Indicated categories in preparation for the Feasibility Study. The majority of these results are from the Rose Central Zone and are all within the area of the currently defined National Instrument ("NI") 43-101 mineral resource estimate. Highlights from this most recent set of results include:


      Drill Hole - From(metres) - To(metres) - Interval(metres) - Total Iron %


      K-11-146 128.8 353.5 224.8 31.2
      K-11-150 46.6 215.0 168.5 31.0
      K-11-156 18.0 135.5 117.7 30.8
      K-11-159 328.0 431.0 103.0 29.4
      K-11-160 62.0 377.0 315.0 30.5
      K-11-168 141.2 244.0 102.8 29.3
      K-11-171 103.4 263.0 159.6 30.1
      K-11-172 175.5 260.0 84.5 31.8


      "We are very pleased with the results from our entire 2011 drilling program, as they show the consistent grades and thicknesses that we expected," says Tayfun Eldem, President and CEO of Alderon. "These results, along with those from our current drilling campaign, which is our final drill campaign before the Feasibility Study, will enable us to continue working towards our goal of upgrading the mineral resource in advance of the Feasibility Study expected in Q3 of 2012."

      Rose Central, together with Mills Lake and North Rose, host a current NI 43-101 indicated resource estimate of 490 million tonnes at 30.0% iron and an additional inferred resource of 598 million tonnes at 30.3% iron.

      Complete assay highlights with drill plan maps are posted on the Alderon website at: http://www.alderonironore.com/projects/kami/.

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 41% and 65% of the core interval as reported. All samples were prepared from sawn HQ-sized half-core sections on-site in Labrador. Split drill core samples are then sent to independent contractor SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. FeO titration analysis permits an estimation of hematite. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and approved the technical information contained in this news release. Mr. Lyons has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Mr. Lyons has verified that the results were accurate from the official assay certificates provided to Alderon.

      Additional information about the Kami Project can be found in the technical reports filed on SEDAR at www.sedar.com entitled: "Preliminary Economic Assessment Report of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated September 8, 2011; and "Technical Report and Mineral Resource Estimate on the Rose North Deposit, Kamistiatusset Property, Newfoundland and Labrador for Alderon Iron Ore Corp." dated October 26, 2011. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 29.02.12 21:43:28
      Beitrag Nr. 66 ()
      Alderon Iron Ore Corp.: Kami Project Draft Environmental Guidelines Issued for Public Review - Feb 29, 2012
      www.marketwire.com/press-release/alderon-iron-ore-corp-kami-…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 29, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(OTCQX:ALDFF) ("Alderon" or the "Company") is pleased to announce that the Government of Canada and the Provincial Government of Newfoundland and Labrador have issued draft environmental impact statement guidelines for public review. The issuance of these draft guidelines is another important step in the environmental assessment process, initiated by Alderon with the registration of the Kami Project with the Canadian Environmental Assessment Agency and the Department of Environment and Conservation, Government of Newfoundland and Labrador in October, 2011 (see news release dated October 25, 2011).


      "The joint Federal and Provincial Environment Assessment process marks an important milestone for the Kami Project, as it allows for and encourages public input. We look forward to working through this process and hearing directly from our stakeholders," said Tayfun Eldem, President & CEO of Alderon. "We want to ensure that interested parties have a full understanding of our project and our commitment to ensuring fair and meaningful benefits in the environmentally responsible development of this resource. This ultimately includes the expected creation of approximately 600 jobs over two phases of our project, with the potential to create approximately 1,200 jobs indirectly for local service and support groups. Alderon also expects to make a significant investment in the Labrador trough, which will signal its commitment to this region and its people."

      In conjunction with the issuance of these draft guidelines, Alderon will be holding public information sessions on the Kami Project in March 2012. These sessions will mark another important milestone as the Company works to educate stakeholders on the development, and to deal with any issues or concerns the community may have going forward. More information on the public sessions will be released shortly. The Company is also pleased to announce that it will be opening a permanent office in Labrador West, NL, the official opening of which will also be announced shortly. This office will oversee the development of the Kami Project including facilitating community engagement.

      Feedback from these public information sessions will be used by Alderon, in combination with feedback from the various governmental agencies, to complete its Environment Assessment. Kami Project's Environmental Impact Statement is scheduled for submission in Q4 2012.



      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Additional information about the Kami Project can be found in the technical reports filed on SEDAR at www.sedar.com entitled: "Preliminary Economic Assessment Report of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated September 8, 2011; and "Technical Report and Mineral Resource Estimate on the Rose North Deposit, Kamistiatusset Property, Newfoundland and Labrador for Alderon Iron Ore Corp." dated October 26, 2011. For more information on Alderon, please visit our website at www.alderonironore.com

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 06.03.12 01:24:24
      Beitrag Nr. 67 ()
      Alderon to List on the NYSE Amex Under the Symbol "AXX" - Mar 5, 2012
      www.marketwire.com/press-release/alderon-to-list-on-the-nyse…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 5, 2012) - Alderon Iron Ore Corp. (TSX:ADV) (OTCQX:ALDFF) ("Alderon" or the "Company") is pleased to announce that its common shares have been approved for listing on the NYSE Amex. Alderon anticipates trading on the NYSE Amex exchange will begin on Friday, March 9, 2012 under the symbol "AXX". The Company will continue to trade on the Toronto Stock Exchange under the symbol "ADV".

      "This NYSE Amex listing represents another significant milestone in Alderon's growth," stated Mark Morabito, Alderon's Executive Chairman. "The listing will provide greater trading accessibility for United States investors, is expected to enhance liquidity and will provide Alderon with exposure to a wider audience of investors."


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. For more information on Alderon, please visit our website at www.alderonironore.com

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito

      Executive Chairman "
      Avatar
      schrieb am 21.03.12 16:04:38
      Beitrag Nr. 68 ()
      Alderon Files Combined Technical Report for Kami Property - Mar 21, 2012
      www.marketwire.com/press-release/alderon-files-combined-tech…
      Avatar
      schrieb am 28.03.12 19:25:59
      Beitrag Nr. 69 ()
      Alderon Appoints Former Newfoundland +Labrador Premier :eek: Danny Williams +Bay Street Lawyer John Vettese to the Board of Directors - Mar 28, 2012
      www.marketwire.com/press-release/alderon-appoints-former-new…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, ´12) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE Amex:AXX) ("Alderon") is pleased to announce the appointment of Mr. Danny Williams, QC, former Premier of Newfoundland +Labrador +Mr. John Vettese, LLB to the Board of Directors of Alderon, effective March 28, ´12.


      Mr. Williams served as the Premier of Newfoundland +Labrador from October ´03 until November ´10, retiring from the position @a time when his government had an approval rating of >80% :eek: :eek: . In addition to his distinguished public service career, Mr. Williams has also been deeply involved in private sector business development in the province. From ´75, he guided Cable Atlantic through acquisitions of systems in Gander, Grand Falls-Windsor, Corner Brook, Port aux Basques +other centers, to become one of the largest communications companies in Atlantic Canada :eek: . He has also been involved in Newfoundland +Labrador's oil +gas industry as president of offshore oil +gas supply +services company OIS Fisher(later Spectrol), +in the hospitality +tourism industry through the operation of three golf courses +one hotel resort.

      Mr. Williams studied political science +economics @Memorial University of Newfoundland. Awarded the Rhodes Scholarship in ´69, he received a degree in Arts in Law from Oxford University in England, +returned to Canada to earn a Bachelor of Law degree from Dalhousie University in Halifax. He practiced law in Newfoundland +Labrador beginning in ´72 +was appointed Queen's Counsel in ´84. In ´11, he received a Honourary Doctorate from the University of PEI.

      Mr. Vettese is a corporate finance +M&A lawyer +is the Deputy Managing Partner of Cassels Brock & Blackwell LLP. He is also a member of the firm's Executive Committee. He has acted +continues to act as lead counsel for several companies in the mining sector. Mr. Vettese had previously acted as lead counsel to Consolidated Thompson Iron Mines Ltd. He has consistently been recognized as one of the Best Lawyers in Canada in the area of Natural Resource Law.

      "I am extremely pleased to be adding two individuals with Danny +John's expertise to the Board @such a critical time in Alderon's development," says Mark Morabito, Executive Chairman of Alderon. "These gentlemen will be incredible resources for Alderon as we continue to move our Kami project towards production."

      Stepping aside from the Board @this time will be Mr. Brad Boland. Mr. Boland was one of Alderon's founding directors +has made valuable contributions to Alderon's development since inception. The Board of Directors would like to thank Mr. Boland for his exemplary service over the past two +1/2 years.


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal +St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district +is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 13.04.12 16:32:48
      Beitrag Nr. 70 ()
      Alderon Concludes Definitive Agreements With Hebei Iron &Steel Group, China's Largest Steel Producer/2nd largest steel group globally :eek: :eek: :eek: , for a Strategic Partnership :eek: - Apr 13, 2012
      www.alderonironore.com/_resources/news/2012-04-13-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 13, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that it has signed a definitive subscription agreement dated April 13, 2012 (the "Subscription Agreement") with Hebei Iron & Steel Group Co., Ltd. ("Hebei"), China's largest steel producer. Hebei will make a strategic investment into both Alderon and its Kami iron ore project (the "Kami Project") in an aggregate amount of C$194 million, in exchange for 19.9% of the outstanding common shares of Alderon (the "Private Placement") and a 25% interest in a newly formed limited partnership that will be established to own the Kami Project.

      The parties have also agreed upon the terms of all other material agreements governing the relationship between Hebei and the Company and Hebei's agreement to purchase iron ore concentrate produced at the Kami Project (the "Definitive Agreements"). The Definitive Agreements will be executed on closing of the Private Placement.

      Pursuant to the Subscription Agreement and the Definitive Agreements, the entire C$194 million of investment proceeds from Hebei will be used for the exploration and development of the Kami Project and other relevant corporate expenses of Alderon.


      Hebei agrees to use its best efforts to assist in obtaining project debt financing for the Kami Project from financial institutions, including Chinese banks. In addition, Alderon and Hebei will be required to contribute to capital expenditures for the development of the Kami Project not covered by initial capital contributions and project debt financing, in accordance with their respective interests.

      Upon Hebei's acquisition of its 25% interest in the Kami Project, it will be obligated to purchase upon the commencement of commercial production, 60% of the actual annual production from the Kami Project up to a maximum of 4.8 million tonnes of the first 8.0 million tonnes of iron ore concentrate produced annually at the Kami Project. The price paid by Hebei will be based on the monthly average price per DMT for iron ore sinter feed fines quoted by Platts Iron Ore Index (including additional quoted premium for iron content greater than 62%) ("Platts Price"), less a discount equal to 5% of such quoted price. Hebei will also have the option to purchase additional tonnage at a price equal to the Platts Price, without any such discount.

      Mark Morabito, Executive Chairman of Alderon, said, "Alderon is delighted to build this new partnership with Hebei, China's largest steel group and the second largest steel group globally. China continues to be one of the strongest and most dynamic economies globally with significant expertise in the iron ore and steel industry. Alderon now has both the capital and the China market access to build a world-class company :eek: ."

      Wang Yifang, Chairman of Hebei Iron & Steel Group Co., Ltd., said, "Hebei is pleased to create a long standing partnership with Alderon through this strategic investment. Alderon is developing a high-quality iron ore project with abundant resources and strategic location. I believe this is an important transaction in the push of China's iron and steel enterprises to invest into overseas mining assets :eek: . In addition to the potentially attractive investment returns, Hebei is able to lock up a long term supply of high-quality iron ores, to help improve our operational performance and ensure our long-term, sustainable growth. Hebei believes it will be a valuable partner to Alderon and is equally committed to assisting in securing all necessary resources for the development of the Kami Project including the project financing. I firmly believe the cooperation between two strategic partners will successfully develop the Kami Project into a world-class iron ore mine."

      Tayfun Eldem, the President and CEO of Alderon, said, "This transaction with Hebei is a major catalyst for Alderon as it further validates and materially de-risks the Kami Project. It provides us with a significant component of our expected equity requirement to build Kami and continue to progress the project with maximum financial flexibility. This partnership with China's largest and most technologically advanced :eek: integrated steel group also strengthens Alderon's potential to finance the remainder of the capital for Kami having Hebei as a partner in accessing global financial institutions including Chinese banks. We believe that this partnership solidifies our ability to become the next significant iron ore producer in Newfoundland and Labrador."

      Under the terms of the Subscription Agreement, Hebei will subscribe for common shares at a price per share equal to C$3.42 (the "Subscription Price"). Liberty Metals & Mining Holdings, LLC ("LMM") has indicated that it intends to exercise its pre-emptive right to maintain its relative proportionate interest in the Company following the Private Placement. Upon closing of the Private Placement, Hebei will acquire approximately 25,828,305 common shares for gross proceeds to the Company of C$88,332,804, representing 19.9% of the issued and outstanding shares of Alderon, after giving effect to such issuance and the exercise by LMM of its pre-emptive right, and LMM will acquire approximately 3,805,576 common shares at the Subscription Price for additional gross proceeds to the Company of C$13,015,070.

      Upon the closing of the Private Placement, Hebei will be entitled to nominate two directors to the Board of Alderon. In addition, Alderon has granted Hebei a pre-emptive right to maintain its interest in Alderon in certain circumstances.

      Pursuant to the terms of the Definitive Agreements, within 15 business days of Hebei receiving a feasibility study that meets certain criteria, Hebei will contribute the balance of its C$194 million investment and Alderon will contribute the Kami Project and relevant properties to a newly formed limited partnership which will be owned as to 25% by Hebei and 75% by Alderon.

      Alderon will be the manager of the Kami Project and will receive a fixed annual management fee during the construction period of the project. Once the Kami Project has reached commercial production, Alderon will receive a management fee on a per tonne of iron ore concentrate basis.

      The Subscription Agreement and the Definitive Agreements are subject to approvals from the government of the People's Republic of China ("PRC"). Alderon is entitled to terminate the Subscription Agreement and the transactions contemplated by the Definitive Agreements, if the PRC approvals have not been obtained by Hebei within 90 days following the date hereof and Alderon has entered into an agreement with respect to an alternative transaction proposal, provided that Alderon pays Hebei a termination fee of C$10.25mm. Both parties can terminate the Subscription Agreement and the transactions contemplated by the Definitive Agreements in the event that Hebei is denied any PRC approval. Alderon has agreed not to solicit nor approve any alternative transaction proposal for a period of 75 days from the date hereof.

      The Subscription Agreement and Definitive Agreements are also subject to the approvals of the Toronto Stock Exchange and the NYSE Amex.


      Alderon's financial advisor for the transaction is GMP Securities L.P. and its legal counsel is Cassels Brock & Blackwell LLP.

      Bank of America Merrill Lynch is acting as Hebei's exclusive financial advisor and Davies Ward Phillips & Vineberg LLP is acting as Hebei's legal advisor.


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      7 Antworten
      Avatar
      schrieb am 01.05.12 14:50:34
      Beitrag Nr. 71 ()
      Antwort auf Beitrag Nr.: 43.036.432 von Popeye82 am 13.04.12 16:32:48
      Alderon Concludes Definitive Agreements with Hebei Iron & Steel Group, for a Strategic Partnership +Announces Conference Call - Apr 16, 2012
      http://alderonironore.com/_resources/news/2012-04-16-NewsRel…
      3 Antworten
      Avatar
      schrieb am 01.05.12 14:52:32
      Beitrag Nr. 72 ()
      Antwort auf Beitrag Nr.: 43.107.390 von Popeye82 am 01.05.12 14:50:34
      Alderon Clarifies April 17th Conference Call Details - Apr 16, 2012
      http://alderonironore.com/_resources/news/ADVNR20120416A.pdf
      Avatar
      schrieb am 01.05.12 14:58:38
      Beitrag Nr. 73 ()
      Antwort auf Beitrag Nr.: 43.107.390 von Popeye82 am 01.05.12 14:50:34
      Alderon Receives Initial Results From Final Drill Program, Before Feasibility Study - May 1, 2012
      www.marketwire.com/press-release/alderon-receives-initial-re…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 1, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce the first set of assay results from the ongoing drill program on its Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The majority of these results are from the North Rose area and are all within the currently defined mineral resource estimate. The program, which began in mid-January, has concentrated on infill drilling with the goal of upgrading the current mineral resource into the measured and indicated categories in preparation for the Feasibility Study expected in Q3 2012.


      Highlights include:


      Drill Hole - From(metres) - To(metres) - Interval(metres) - Total Iron %


      K-12-176A 242.0 305.0 63.0 27.1
      and 338.0 593.2 255.2 30.1

      K-12-179 281.0 398.3 117.3 28.0
      and 398.4 527.8 129.4 32.6

      K-12-182 85.5 111.0 25.5 31.2
      and 177.0 430.4 253.4 29.3

      K-12-184 59.0 98.0 39.0 29.3
      and 182.0 452.0 270.0 31.1

      K-12-188 66.0 101.6 35.6 31.7
      and 126.0 237.0 111.0 32.3


      "The results from our final round of exploration drilling continue to show the consistent grades and thicknesses of the Kami Project," says Tayfun Eldem, President and CEO of Alderon. "All results from the various drill campaigns completed to date, provide us with a significant dataset that we are confident will enable us to achieve our goal of upgrading the mineral resource in advance of the Feasibility Study expected in Q3 of 2012."

      North Rose, together with Rose Central and Mills Lake, have a currently defined NI 43-101 indicated mineral resource of 490 million tonnes at 30.0% iron and an additional inferred mineral resource of 598 million tonnes at 30.3% iron at a cut-off grade of 20%.

      The proposed drill hole location map and complete assay results are posted on the Alderon website at: http://www.alderonmining.com/projects/kami/.

      True widths of the reported intercepts above vary depending on the angle of the individual drill holes and are estimated to be between 60% and 100% of the core interval as reported. All samples were prepared from sawn HQ-sized half-core sections on-site in Labrador. Split drill core samples are then sent to independent contractor SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis is performed using X-ray fluorescence (XRF) and the magnetic component is determined by Satmagan magnetic analysis. FeO titration analysis permits an estimation of hematite. Standards, blanks, and duplicate assays are included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Alderon's exploration work on the Kami Property is supervised by Edward Lyons, P.Geo., the Chief Geologist for Alderon and a Qualified Person as defined by NI 43-101. Mr. Lyons has reviewed and approved the technical information contained in this news release.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated March 9, 2012.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 03.05.12 15:22:27
      Beitrag Nr. 74 ()
      Antwort auf Beitrag Nr.: 43.107.405 von Popeye82 am 01.05.12 14:58:38

      Alderon Completes Final Drill Program, Before Feasibility Study - May 3, 2012
      www.marketwire.com/press-release/alderon-completes-final-dri…
      www.alderonmining.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce the successful completion of its final exploration drill program prior to the preparation of a Feasibility Study on its Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The drilling program of 32 holes, totalling 12,300 metres, which began in mid-January and ended 30 April 2012, has concentrated on infill drilling within the currently defined mineral resource estimate in the North Rose area. The goal of this program is to upgrade the current mineral resource into the Measured and Indicated categories in preparation for the Feasibility Study expected in Q3 2012.

      "Having safely and successfully wrapped up this final round of drilling, we want to thank our entire exploration team, of both Alderon staff and contractors, for their hard work and dedication in advancing the Kami Project so rapidly over the past 12 months," says Tayfun Eldem, President and CEO of Alderon. "With the exploration phase of the program now behind us, we are focusing our attention on the completion of the Feasibility Study later this year, which will be the next important milestone in Alderon's development."


      During the preceding 12 months the Alderon team has compiled an impressive list of accomplishments. Highlights include:

      + Completing an initial mineral resource estimate on North Rose, Rose Central and Mills Lake of 490 million tonnes at 30.0% iron in the Indicated category and an additional 598 million tonnes at 30.3% iron in the Inferred category. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

      + Completing a Preliminary Economic Assessment ("PEA") of the Kami Project which indicates a positive pre-tax NPV of US$3.07 billion (discounted at 8%); pre-tax IRR of 40.2%; payback period of 2.7 years and an annual production of 8 million tonnes at 65.5% iron. The PEA is preliminary in nature and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized.

      + Initiating the Federal and Provincial Environmental Assessment processes and the Government of Canada and the Provincial Government of Newfoundland and Labrador have issued draft environmental impact statement guidelines for public review.

      + Adding former Newfoundland and Labrador Premier Danny Williams to its Board of Directors.

      + Adding several senior former Iron Ore Company of Canada and Consolidated Thompson executives to the management team, most notable appointing Tayfun Eldem as President and CEO.

      + Entering into an agreement for a strategic partnership with Hebei Iron & Steel Group Co., Ltd., China's largest steel producer, for an aggregate investment of C$194 million.

      + Completing a strategic investment with Liberty Metals & Mining Holdings, LLC of approximately C$40 million.

      + Graduating to the Toronto Stock Exchange under the symbol ADV.

      + Commencing trading on the NYSE AMEX exchange under the symbol AXX.


      Other positive developments include the Federal government's announcement that it is investing up to C$55 million in the construction of a new multi-user deep water dock at the Port of Sept-Îles.

      The 2012 drill hole location map and complete assay results are posted on the Alderon website at: http://www.alderonmining.com/projects/kami/


      About Alderon

      Alderon is a leading Canadian iron ore development company with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Edward Lyons, P. Geo., the Chief Geologist for Alderon and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

      Additional information about the Kami Project including details of the assumptions and parameters underlying the mineral resource estimate can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated March 9, 2012. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 23.05.12 18:03:48
      Beitrag Nr. 75 ()
      Die hats voll zerrissen, wie alle Anderen, ist das ein guter Einstieg?
      2 Antworten
      Avatar
      schrieb am 23.05.12 20:10:32
      Beitrag Nr. 76 ()
      Antwort auf Beitrag Nr.: 43.202.636 von ooy am 23.05.12 18:03:48
      "Voll zerrissen", Aaahaaaaa.


      Dann wollen wir das dochmal im Gesamtchartkontext betrachten:




      Sorry Oooy, aber bei solchen profunden Aussagen fehlen mir manchmal echt die Worte. :confused: :confused: (Diplomaten-Version :eek: )

      Gruß
      P.
      1 Antwort
      Avatar
      schrieb am 24.05.12 04:03:31
      Beitrag Nr. 77 ()
      Antwort auf Beitrag Nr.: 43.203.329 von Popeye82 am 23.05.12 20:10:32Sorry, aber eine dumme Aussage oder du hast den Wert in letzter Zeit nicht verfolgt, dann verschliesse halt die Augen, von 3,50 auf 2,20 in kuerzester
      Zeit ist fuer dich dann halt ein Klacks, ich denke bei dieser fuer mich massiven Korrektur ueber einen Einstieg nsch und dachte an einen fundamentalen Ratschlag, der Kommentar nuetzt rein gar nix...
      Avatar
      schrieb am 10.06.12 16:03:11
      Beitrag Nr. 78 ()
      Stockhouse Short Report: Aussie short seller makes iron ore bet





      6/8/2012 11:40:50 AM | Peter Kennedy

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      John Hempton is speculating that the financial crisis in Europe will reduce demand for iron ore, a move that could impact Alderon’s Labrador, Canada project, he said.

      Australian blogger John Hempton is making a small wager that the European debt crisis and its repercussions will reduce global demand for iron ore, potentially sending prices skidding back to levels not seen since the dark days of 2008.

      To reinforce that view, The Bronte Capital short seller has taken a short position Alderon Iron Ore Corp. (TSX: T.ADV, Stock Forum) (NYSE: AXX, Stock Forum) and other so-called “marginal iron ore properties” that he didn’t name.

      Hempton declared that he has sold short $10,000 worth of Alderon shares in a June 4 report.

      That was a day before Alderon released the results of an economic assessment for its Kami iron ore project in western Labrador, a project that is expected to produce 8 million tonnes of concentrates annually for at least 16 years, delivering $2 billion in tax revenues to the Labrador and Newfoundland governments, the company said.

      Alderon forsees a project capital cost of US$989 million, with total operating costs (excluding royalties) forecast to be US$44.87 per tonne over the life of the mine.

      In his report, Hempton sets no targets for Alderon, which has clearly been a poor investment for people who bought the stock in early March when it was changing hands for $3.60.

      Trading at $2.24 on Thursday, the Montreal company has a market cap of $224.15 million, based on 100 million shares outstanding. The 52-week range is $3.85 and $1.80.

      Hempton says Alderon would be a much better short than Fortescue Metals Group Ltd. (an Australian iron ore producer) if investors could borrow and sell the stock in quantity.

      It’s an opinion based on the potential outlook he sees for iron ore, a major component of steel, and therefore a key ingredient in the Chinese construction boom.

      The price of iron ore hit record levels in 2011, averaging US$168 per tonne, and generating huge amounts of revenue and profit for large producers such as BHP Billiton Ltd. (NYSE: BHP, Stock Forum) and Rio Tinto Plc (NYSE: RIO, Stock Forum) and Fortescue.

      But prices fell to US$140 a tonne last month, a move that has been attributed to slowing economic growth in China, the world’s largest consumer of iron ore.

      In a recent interview with Australia’s ABC News, Fortescue Chief Executive Officer Nev Power said he expects iron ore prices to trade at between $130 to $150 per tonne in the “short term.”

      “But looking forward we have allowed the forecast to drop down to around $110 per tonne and done all [our] modeling around that, so we see that in the long term that will be the sustainable price.’’

      However, during the same interview, ABC’s Alan Kohler wondered if Power was feeling nervous about what is going on in Europe at the moment, and what the debt situation there could mean for iron ore. He reminded Power that during the global financial crisis in 2008, the price slipped to $55 per tonne.

      While conceding that prices did indeed fall below $60 a tonne, Power pointed out that prices quickly recovered to trade above $100 a tonne, a move that was driven by an economic rebound in China.

      At $100 per tonne, Alderon’s Kami project may be “borderline viable,’’ Hempton says.

      Readers should note that Alderon has yet to establish mineral reserves at Kami or demonstrate that the project is economically viable by completing a feasibility study.

      However, for the moment, Alderon seems to be more concerned about securing the electricity it will needed to run the Kami project.

      The company says it can’t complete the Kami project without power supply from the $6.2 billion Muskrat Falls hydroelectric project in Lower Churchill, Labrador, which is still in the planning stages, and would involved the construction of two hydroelectric dams.

      Environmental groups, including the Sierra Club Canada have launched a court challenge alleging that the Federal Government’s endorsement of the project is unlawful. The groups are seeking a court order that would block the federal government from issuing any permits or financial guarantees to the project’s proponent until an environmental assessment is completed in full.

      Alderon executive chairman Mark Morabito told CBC News this week that said there is enough power to get work started in Labrador, but not further planned stages.

      “If Muskrat Falls doesn’t go ahead, we’ll get our first phase off the ground and that’s it,’’ Morabito said. “Everything will come to a stop.’’
      Avatar
      schrieb am 27.08.12 12:51:18
      Beitrag Nr. 79 ()
      Alderon Signs Definitive Subscription Agreement with Liberty Metals & Mining Holdings, LLC @C$3.42/Share - May 30, 2012
      www.alderonironore.com/_resources/news/2012-05-30-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 30, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that it has signed a definitive subscription agreement (the "Subscription Agreement") with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Group. In connection with the C$194M subscription agreement recently signed between Alderon and Hebei Iron & Steel Group Co., Ltd. ("Hebei") (see news release dated April 13, 2012), LMM indicated to Alderon that it intended to exercise its pre-emptive right to maintain its relative proportionate interest in the Company. LMM has now re-confirmed this intention with the execution of the Subscription Agreement. Under the terms of this Subscription Agreement, LMM will acquire approximately 3,805,576 common shares at the subscription price of C$3.42 per share, for gross proceeds to the Company of C$13,015,070.

      The subscription by Liberty will allow it to maintain its proportionate interest in the Company after the closing of the previously announced strategic partnership with Hebei, China's largest steel producer. Hebei will make a strategic investment into both Alderon and its Kami iron ore project (the "Kami Project") in an aggregate amount of C$194 million, in exchange for 19.9% of the outstanding common shares of Alderon (the "Hebei Private Placement") and a 25% interest in a newly formed limited partnership that will be established to own the Kami Project. The closing of the transactions with Hebei remain subject to approvals from the government of the People's Republic of China and are also subject to the approvals of the Toronto Stock Exchange and NYSE MKT.

      The closing of the private placement with Liberty contemplated by the Subscription Agreement is conditional on the closing of the Hebei Private Placement. In addition, the Subscription Agreement is subject to the approvals of the Toronto Stock Exchange and the NYSE MKT.

      In addition to the private placement with Liberty and the strategic partnership with Hebei, during the preceding 12 months the Alderon team has compiled an impressive list of accomplishments. Highlights include :eek: :eek:

      + Completing an initial mineral resource estimate on North Rose, Rose Central and Mills Lake of 490 million tonnes at 30.0% iron in the Indicated category and an additional 598 million tonnes at 30.3% iron in the Inferred category. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

      + Completing a Preliminary Economic Assessment ("PEA") of the Kami Project which indicates a positive pre-tax NPV of US$3.07 billion (discounted at 8%); pre-tax IRR of 40.2%; payback period of 2.7 years and an annual production of 8 million tonnes at 65.5% iron. The PEA is preliminary in nature and it includes Inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized.

      + Initiating the Federal and Provincial Environmental Assessment processes and the Government of Canada and the Provincial Government of Newfoundland and Labrador have issued draft environmental impact statement guidelines for public review.

      + Adding former Newfoundland and Labrador Premier Danny Williams to its Board of Directors.

      + Adding several senior former Iron Ore Company of Canada and Consolidated Thompson executives to the management team, most notable appointing Tayfun Eldem as President and CEO.

      + Completing a strategic investment with Liberty Metals & Mining Holdings, LLC of approximately C$40 million.

      + Graduating to the Toronto Stock Exchange under the symbol ADV.

      + Commencing trading on the NYSE MKT exchange under the symbol AXX.

      + Successfully completing its final exploration drill program prior to the preparation of a Feasibility Study on the Kami Project which consisted of 32 holes, totaling 12,300 metres.


      The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company's securities in the United States.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman

      Cautionary Note Concerning Reserve and Resource Estimates

      This news release uses the terms "resources", "measured resources", "indicated resources" and "inferred resources". United States investors are advised that, while such terms are recognized and required by Canadian securities laws, the United States Securities and Exchange Commission (the "SEC") does not recognize them. Under United States standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. Mineral resources that are not mineral reserves do not have demonstrated economic viability. United States investors are cautioned not to assume that all or any part of measured or indicated resources will ever be converted into reserves. Inferred Resources are in addition to measured and indicated Resources. Further, inferred resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. It cannot be assumed that all or any part of the inferred resources will ever be upgraded to a higher category. Therefore, United States investors are also cautioned not to assume that all or any part of the inferred resources exist, or that they can be mined legally or economically. Disclosure of "contained ounces" is permitted disclosure under Canadian regulations, however, the SEC normally only permits issuers to report "resources" as in place tonnage and grade without reference to unit measures. Accordingly, information concerning descriptions of mineralization and resources contained in this release may not be comparable to information made public by United States companies subject to the reporting and disclosure requirements of the SEC.

      National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") is a rule developed by the Canadian Securities Administrators, which established standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Unless otherwise indicated, all reserve and resource estimates referred to in this news release or released by the Company in the future have been or will be prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Classification System. The requirements of NI 43-101 are not the same as those of the SEC and any reserves reported by the Company in compliance with NI 43-101 may not qualify as reserves under the SEC's standards.

      Alderon has not yet completed a Pre-Feasibility Study or Feasibility Study to demonstrate the economic viability of the Kami Property. Furthermore, no Mineral Reserves have been established on the Kami Property. Any statements regarding planned production rates, projected cash flows, payback period, IRR, NPV, construction timelines or the expected commencement of commercial production in Q4 2015 assume that Alderon is or will be able to complete all of the required steps to bring the Kami Property into commercial production including the completion of a Feasibility Study to demonstrate the economic viability of the Kami Property, the completion of the environmental assessment process, the conclusion of infrastructure agreements for railway transportation, power and access to port facilities and that Alderon obtains the necessary project financing to pay for the capital costs to develop and construct a mine at the Kami Property. There is no certainty that Alderon will be able to complete any or all of these steps and reference should be made to the "Risk Factors" section in Alderon's Annual Information Form for the most recently completed financial year.

      Contact Information

      Alderon Iron Ore Corp.
      Konstantine Tsakumis
      Investor Relations
      1-866-683-8030 ext. 232
      info@alderonironore.com
      www.alderonironore.com

      Alderon Iron Ore Corp.
      Montreal Office
      514-281-9434
      514-281-5048 (FAX)

      Alderon Iron Ore Corp.
      St. John's Office
      709-576-5607
      709-576-7541 (FAX)

      Alderon Iron Ore Corp.
      Labrador City
      709-944-4820
      709-944-4827 (FAX)

      Alderon Iron Ore Corp.
      Toronto Office
      416-309-2138
      416-861-8165 (FAX)

      Alderon Iron Ore Corp.
      Vancouver Office
      604-681-8030
      604-681-8039 (FAX) "
      Avatar
      schrieb am 27.08.12 14:40:38
      Beitrag Nr. 80 ()
      Kami to Generate Benefits of $1.600.000.000 in Income +$2.000.000.000 in Tax Revenues, for Newfoundland +Labrador - Jun 5, 2012
      www.alderonironore.com/_resources/news/ADVNR20120605.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that an independent Economic Impact Assessment (EIA) of the Kamistiatusset ("Kami") Iron Ore Project indicates significant long-term economic benefits to Newfoundland and Labrador as well as other Canadian provinces, regional governments and communities.

      The Kami Project is strategically located next to the mining towns of Wabush, Labrador City and Fermont. The Project will require approximately two years of construction, and once operational, the Project is expected to produce 8 million tonnes of concentrate per annum for 16 years. The EIA was commissioned and paid for by Alderon and is based on the data from Alderon's Preliminary Economic Assessment (PEA), the results of which were released late last year (see below for a summary of the results of the PEA). The data used in the EIA was taken from and is fully supported by results of the PEA, highlighting the economically robust nature of the Kami Project.

      The independent assessment estimates that the Kami Project will generate the following benefits for the people, communities and the Government of Newfoundland and Labrador:

      + CDN $1.6 billion in direct, indirect and induced incomes to workers and local businesses

      + CDN $2.0 billion in total tax revenues

      + CDN $13.6 billion contribution to the provincial GDP

      + 24,000 person years of direct, indirect and induced employment during construction and operations


      The Project has been registered under the Environmental Assessment process for up to 16 million tonnes of concentrate per annum; however, the provision to increase planned production to 16 million tonnes of concentrate per annum does not currently form part of the PEA. The Feasibility Study currently being prepared will make provisions to allow an expansion phase to 16 million tonnes per annum to be undertaken if proven feasible through a separate study. Assuming the separate study is completed, an EIA for the increased production rate will be conducted. The provision for a 16 million tonne expansion phase is contingent on, among other matters, the upgrade of a substantial portion of Alderon's inferred resources to the indicated category through definition drilling that was completed during the winter of 2012.

      "Alderon's Kami project in the Labrador Trough has the potential to bring substantial, long-term economic benefits to the region, the Province of Newfoundland and Labrador, and indeed to the entire country," says Mark Morabito, Executive Chairman of Alderon. "In addition to the major economic spinoffs, this project has the potential to create approximately 1,500 full time jobs annually in Newfoundland and Labrador including 480 jobs directly at the mine and concentrator during operations. Provided Alderon completes its Feasibility Study that demonstrates that a 16 million tonne operation is viable, the benefits to the people of Newfoundland and Labrador will be even greater."

      The EIA was undertaken by Strategic Concepts, Inc. (SCI) and Dr. Wade Locke of Memorial University, both experienced and specialized in Canadian resource-based economic impact assessments, with particular expertise in Newfoundland and Labrador projects. The purpose of the study was to measure the economic impacts of the Kami Project on governments and economies locally and across Canada.


      Alderon AGM

      The Board of Directors and shareholders will gather in St. John's this week as Alderon holds its Annual General Meeting (AGM). The AGM will take place at the Sheraton Hotel St. John's (115 Cavendish Square, St. John's) in Salon C, Wednesday June 6th from 10:00am to 11:00am.

      "We are delighted to bring our team from across Canada to join our St. John's team for our AGM, and also to enjoy the culture, history and hospitality of the capital of Newfoundland and Labrador," said Mark Morabito. "This week, we will update our shareholders on the ongoing Environmental Assessment process and other important components of the project, as we progress towards project sanction."

      In addition to routine AGM business such as appointment of directors and approval of financial statements, Mr. Morabito said he will also take the opportunity to discuss with shareholders the power requirements for the Kami project, which is a critical component on the path to project sanction. "Obviously, a project of this magnitude requires significant power from the Province. It also represents an exciting opportunity to see Labrador power used within the region for industrial development," added Mr. Morabito. "As a business person, I applaud the Government of Newfoundland and Labrador for having the vision and foresight to develop the Muskrat Falls power project. This development will supply power needs for not only our project, but also the many other potential natural resource projects throughout the province; particularly in Labrador, which competes directly with Quebec projects. In a fiercely competitive industry, access to reliable, affordable power is critical. And the development of Muskrat Falls is seen by the mining industry as key to the future economic development of this Province."

      Mr. Morabito and Alderon's President and CEO Tayfun Eldem will be available to the media at 11:00am on Tuesday, June 5th in the lobby of the Sheraton Hotel.


      About the Kami Project

      Highlights of the PEA on the Kami Project include:

      + Concentrate production rate of 8 million tonnes per year at a grade of 65.5% iron

      + Commercial production commencing in 2015 with a mine life of 15.3 years

      + Capital cost of US$989 million (excluding closure costs, sustaining capital & leased equipment)

      + Pre-Tax IRR of 40.2%

      + NPV (discounted at 8%) of US$3.07 billion

      + Payback period of 2.7 years

      + Total operating cost (excluding royalties) of US$44.87/tonne concentrate (averaged over the life of mine)


      The PEA is preliminary in nature and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral resources. There is no certainty that the conclusions reached in the PEA will be realized. Mineral resources that are not mineral reserves have not demonstrated economic viability.

      Alderon has not yet completed a Pre-Feasibility Study or Feasibility Study to demonstrate the economic viability of the Kami Project. Furthermore, no Mineral Reserves have been established on the Kami Project. Any statements regarding planned production rates, projected cash flows, payback period, IRR, NPV, construction timelines or the expected commencement of commercial production in 2015 assume that Alderon is or will be able to complete all of the required steps to bring the Kami Project into commercial production including the completion of a Feasibility Study to demonstrate the economic viability of the Kami Project, the completion of the environmental assessment process, the conclusion of infrastructure agreements for railway transportation, power and access to port facilities and that Alderon obtains the necessary project financing to pay for the capital costs to develop and construct a mine at the Kami Project. There is no certainty that Alderon will be able to complete any or all of these steps and reference should be made to the "Risk Factors" section in Alderon's Annual Information Form for the most recently completed financial year.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Edward Lyons, P. Geo., the Chief Geologist for Alderon and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 27.08.12 14:43:03
      Beitrag Nr. 81 ()
      Alderon Confirms a Measured & Indicated Mineral Resource of >1 Billion Tonnes @30% - ~1.377.400.000 Tonnes @~29.7% Fe M/I/I - Jul 11, 2012
      www.alderonironore.com/_resources/news/2012-07-11-NewsReleas…
      www.alderonironore.com/_resources/kami/2010-2012_Kami_Drill_…
      http://alderonironore.com/projects/kami/

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce the results of the final mineral resource estimate on its Kamistiatusset ("Kami") Iron Ore Project in western Labrador. The estimate includes a Measured and Indicated mineral resource of 1.1 billion tonnes at 29.8% iron and an Inferred mineral resource of 277.4 million tonnes at 29.5% iron (refer to tables below for tonnage and grade details) based on a cut-off grade of 20% iron.

      "We are extremely pleased with this final resource estimate for Kami," says Tayfun Eldem, President and CEO of Alderon. "The completion of each successive drill program has resulted in an increase in the mineral resource estimate, while continuing to confirm consistent grades. The final numbers clearly underline the potential and the value of the Kami Project. The Measured and Indicated mineral resources will form the basis for Kami's Feasibility Study that is expected to be completed before the end of this year."

      ROSE CENTRAL MEASURED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 222.4 30.3 26.7
      22.5 238.0 29.9 26.2
      20.0 244.4 29.7 26.0


      ROSE CENTRAL INDICATED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 176.3 29.7 25.0
      22.5 197.1 29.1 24.3
      20.0 203.9 28.8 24.0


      ROSE CENTRAL INFERRED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 40.5 29.0 24.2
      22.5 43.5 28.7 23.7
      20.0 46.8 28.2 23.0


      ROSE NORTH MEASURED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 215.0 31.0 28.7
      22.5 231.6 30.5 27.9
      20.0 234.7 30.4 27.8


      ROSE NORTH INDICATED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 232.5 30.9 29.4
      22.5 252.3 30.3 28.7
      20.0 255.6 30.2 28.5


      ROSE NORTH INFERRED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 139.8 30.6 29.2
      22.5 154.3 30.0 28.5
      20.0 156.5 29.9 28.3



      MILLS LAKE MEASURED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 49.9 30.6 28.7
      22.5 50.5 30.6 28.6
      20.0 50.7 30.5 28.5


      MILLS LAKE INDICATED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 124.0 29.8 25.6
      22.5 128.3 29.6 25.1
      20.0 129.6 29.5 24.9


      MILLS LAKE INFERRED RESOURCE

      Cut-off % - Tonnes (million) - Total Iron % - Oxide Iron %*


      25.0 71.1 29.6 23.8
      22.5 73.7 29.4 23.3
      20.0 74.1 29.4 23.2

      * Note: Oxide Iron is the combined iron in Magnetite and Hematite.


      Resource Estimate Details

      The mineral resource estimate for the Kami Project is based on results from 209 diamond drill holes at Rose Central and North Rose (170 holes) and Mills Lake (39 holes) zones totaling 62,247 m and is effective as of July 11, 2012. Watts, Griffis and McOuat Limited ("WGM"), Consulting Geologists and Engineers of Toronto, Canada, was retained to audit an in-house estimate completed by Alderon. Mr. Michael Kociumbas, P.Geo., and Mr. Richard Risto, P.Geo., with independent firm, WGM, are Qualified Persons as defined by NI 43-101 and are responsible for reviewing and approving this mineral resource estimate. They have verified, reviewed and approved the technical data contained in this news release and underlying sampling, analytical and test data. WGM has previously visited the site, collected independent core samples and reviewed the QA/QC data received to date. Mr. Risto has reviewed and approved the underlying sampling, analytical and test data used for the Estimate. The estimate is classified as a Measured, Indicated or Inferred mineral resource, consistent with the CIM definitions referred to in National Instrument (NI) 43-101. Alderon is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issues which may materially affect its estimate of mineral resources.

      The geological and mineral resource modelling parameters consisted of:

      + Creation of 3-D wireframes from the drillhole intersects using assay intervals and major lithological units.

      + A block model procedure (block sizes of 15 m x 15 m x 14 m for Rose Central and Rose North and 5 m x 20 m x 5 m for Mills Lake) was used with grades interpolated utilizing an Inverse Distance estimation technique; Total Iron (TFe%), Fe in magnetite, Fe in hematite, Manganese% and SiO2% were modelled.

      + A variable density model was used based on best fit regression line from all DGI (downhole physical properties probe) measurements, therefore each block in the block model has unique specific gravity and gives a more representative tonnage based on Fe grades.


      Complete assay results are posted on the Alderon website at http://www.alderonironore.com/_resources/kami/2010-2012_Kami…

      Three dimensional images showing the outline of the mineral resources are posted on the Alderon website at http://alderonironore.com/projects/kami/.

      Sawn drill core samples were sent to SGS Mineral Services in Lakefield, Ontario for analyses. Total iron analysis was performed using X-ray fluorescence and the magnetic component was determined by Satmagan magnetic analysis. Standards, blanks, and duplicate assays were included at regular intervals in each sample batch submitted from the field as part of an ongoing Quality Assurance/Quality Control program.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011. For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 27.08.12 17:02:15
      Beitrag Nr. 82 ()
      Alderon Secures Port Access +Enters into Bridge Financing Agreement - Jul 16, 2012
      www.alderonironore.com/_resources/news/2012-07-16-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 16, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that it has signed an agreement (the "Port Agreement") with the Sept-Îles Port Authority (the "Port") to ship up to 8 million metric tonnes of iron ore annually via the new multi-user deep water dock facility that the Port is constructing (see Alderon press release dated February 14, 2012).

      "We are extremely pleased to have concluded this port agreement, which represents another significant milestone in the development of our Kami Iron Ore Project," says Tayfun Eldem, President and CEO of Alderon. "This agreement provides Alderon with confirmed access to the international iron ore markets and substantially de-risks the Kami Project."


      Port Agreement Details

      Pursuant to the Port Agreement, Alderon has reserved an annual capacity of 8 million metric tonnes of iron ore that it can ship through the Port. In order to finance the estimated $220 million cost of the new multi-user dock facility, the Port required binding commitments from the potential end-users to provide a portion of the necessary funds. This buy-in payment will constitute an advance on Alderon's future shipping fees (wharfage and equipment fees) and, as a result, Alderon will receive a discount on its shipping fees until the full amount of the buy-in payment has been repaid through the discount.

      Based on its reserved annual capacity, Alderon's buy-in payment is $20.46 million, payable in two installments of $10.23 million each. The first installment of $10.23 million was paid upon signing of the Port Agreement and the second payment of $10.23 million is due no later than July 1, 2013. As security for the second payment, Alderon is required to provide an irrevocable guarantee of equivalent value.

      The Port Agreement includes a base fee schedule regarding wharfage and equipment fees for iron ore loading for Alderon's shipping operations. The rates commence in 2014 and are on a sliding scale based on the volume of iron ore that is shipped. The term of the agreement is for 20 years from the execution date, with the option to renew for further five year terms, to a maximum of four renewals.



      Bridge Financing Details

      Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Insurance, one of Alderon's strategic investment partners, provided a bridge loan to Alderon in the amount of $10.5 million in order for Alderon to make the first instalment payment and has agreed to provide a further $10.5 million, if necessary, in order for Alderon to obtain the guarantee required for the second installment. The intention is that the loan will be a short term bridge loan that will be repaid from the funds of the Hebei Iron & Steel Group ("Hebei") transaction after it closes.

      The maturity date of the bridge loan is September 30, 2012; however, Alderon has the ability to extend the maturity date to March 31, 2014. In the event of such extension, the loan becomes convertible at LMM's option into Alderon common shares at a conversion price equal to the volume weighted average trading price of Alderon's common shares on the Toronto Stock Exchange for the five days prior to the date that LMM delivers a conversion notice.

      The loan is secured with a mortgage over the Kami property and bears interest at a rate of 8% per annum, calculated and payable on September 30, 2012. In the event the Company exercises its option to extend the maturity date, the interest rate will increase to 9.5% per annum beginning on October 1, 2012.


      About the Kami Project

      Alderon's Kami Iron Ore Project is located within Canada's premier iron ore district in western Labrador and is surrounded by four producing iron ore mines. The recently published National Instrument 43-101 mineral resource estimate for Kami includes a Measured and Indicated mineral resource of 1.1 billion tonnes at 29.8% iron and an Inferred mineral resource of 277.4 million tonnes at 29.5% iron, based on a cut-off grade of 20% iron.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Edward Lyons, P. Geo., the Chief Geologist for Alderon and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011.For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 27.08.12 17:08:49
      Beitrag Nr. 83 ()
      Alderon Joins CN Rail Feasibility Study - Aug 13, 2012
      www.alderonironore.com/_resources/news/2012-08-13-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 13, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE Amex:AXX)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that it has committed to work with Canadian National Railway Company ("CN") on a feasibility study for a proposed rail line and terminal handling facility to connect the Labrador Trough to the Port of Sept-Iles, QC. This proposed multi-user rail line is expected to include a fully operational and continuous railroad network, as well as a multi-user material handling facility located at the Port of Sept-Iles. Alderon remains committed to concluding an initial agreement with Quebec North Shore and Labrador Railway owned and operated by the Iron Ore Company of Canada and with the Chemin de fer Arnuad owned and operated by Cliffs Natural Resources, both of which are common carriers under Canadian Federal law. Alderon management is of the view that the development of a second railway option in the future is in Alderon's best long term interests and further that the proposed terminal handling facility at the port would also add optionality to Alderon's current business plan.

      CN, its partner in the venture, La Caisse de dépôt et placement du Québec (the "Caisse"), along with a number of iron ore exploration and mining companies, including Alderon, are participating in the feasibility study, which will examine the cost and engineering parameters of the proposed rail network and associated infrastructure.

      "By entering into this agreement, Alderon will be able to evaluate all :eek: potential alternatives to transport its product from its Kami Mine site to the Port of Sept-Iles," states Tayfun Eldem, President and CEO of Alderon. "The additional development of a multi-user material handling facility at the Port would supplement the new multi-user deep water dock facility we have also secured access to."

      CN has announced that to advance the process as quickly as possible, it will coordinate the application with the Canadian Environmental Assessment Agency for the required permits for the project. This will allow the feasibility study to be launched along with the appropriate consultations with all relevant stakeholders, including First Nations.

      Under the terms of the agreement with CN, Alderon will commit to fund $1.5 million for the feasibility study that will be carried out over the next twelve months and to secure capacity on the new rail line. The funds would be refunded to Alderon under certain circumstances.



      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 27.08.12 17:24:22
      Beitrag Nr. 84 ()
      Antwort auf Beitrag Nr.: 43.036.432 von Popeye82 am 13.04.12 16:32:48
      Alderon Amends Hebei Agreement, Chinese Regulatory Approvals Expected by Aug 20 - Aug 16, 2012
      www.alderonironore.com/_resources/news/2012-08-16-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 16, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") announces that it has amended :eek: its subscription agreement with Hebei Iron & Steel Group Co., Ltd. ("Hebei") dated April 13, 2012 (the "Subscription Agreement") to reduce :eek: :eek: the aggregate investment in Alderon and the Kami iron ore project (the "Kami Project") from $194 million to $182.2 million. :eek: :eek: :eek: Hebei's initial investment in Alderon and the Kami Project will now be an aggregate amount of C$182.2 million in exchange for 19.9% of the outstanding common shares of Alderon (the "Private Placement") and a 25% interest in a newly formed limited partnership that will be established to own the Kami Project. While the investment proceeds for 19.9% of the outstanding common shares of Alderon have been reduced from $88.3 million to $62.2 million, the investment proceeds for the 25% interest in the Kami Project have been increased from $105.7 million to $120 million. There are no other amendments to the terms of the transaction. In addition, Hebei has informed Alderon that it fully expects to have all Chinese regulatory approvals for the transaction on or before August 20, 2012.


      Chinese Regulatory Approvals


      Hebei has confirmed to Alderon that the transaction has already received approval from the Hebei provincial branch of the National Development and Reform Commission (NDRC), the Ministry of Commerce for the Overseas Investment (MOFCOM) and from the State Asset Administration and Supervision Commission of Hebei Province (Hebei SASAC). Hebei has also confirmed that the only Chinese regulatory approval currently outstanding is from the State Administration of Foreign Exchange (SAFE). Hebei has informed Alderon that it fully expects to receive the outstanding regulatory approval on or before August 20, 2012.


      Amendment Details

      Under the terms of the amended Subscription Agreement, Hebei will subscribe for common shares at a price per share equal to C$2.41. Upon closing of the Private Placement, Hebei will acquire approximately 25,828,305 common shares for gross proceeds to the Company of C$62.2 million representing 19.9% of the issued and outstanding shares of Alderon.

      As a result of the reduction in the common share subscription price, Hebei's direct investment in the limited partnership will increase from C$105.7 million to C$120 million. Pursuant to the terms of the definitive agreements, within 15 business days of Hebei receiving a feasibility study that meets certain criteria, Hebei will contribute the C$120 million and Alderon will contribute the Kami Project and relevant properties to a newly formed limited partnership which will be owned as to 25% by Hebei and 75% by Alderon.


      Hebei has also agreed to co-operate with Alderon in its efforts to attract additional off-take partners in respect of the annual production from the Kami Project that has not be committed to Hebei.


      All other terms of the transaction remain the same including:

      + Hebei agrees to use its best efforts :eek: to assist in obtaining project debt financing for the Kami Project from financial institutions, including Chinese banks.

      + Alderon and Hebei will be required to contribute to capital expenditures for the development of the Kami Project not covered by initial capital contributions and project debt financing, in accordance with their respective interests.

      + Upon Hebei's acquisition of its 25% interest in the Kami Project, it will be obligated to purchase upon the commencement of commercial production, 60% of the actual annual production from the Kami Project up to a maximum of 4.8 million tonnes of the first 8.0 million tonnes of iron ore concentrate produced annually at the Kami Project. The price paid by Hebei will be based on the monthly average price per DMT for iron ore sinter feed fines quoted by Platts Iron Ore Index (including additional quoted premium for iron content greater than 62%) ("Platts Price"), less a discount equal to 5% of such quoted price. Hebei will also have the option to purchase additional tonnage at a price equal to the Platts Price, without any such discount.


      Liberty Agreement

      As a result of the amendment to the Subscription Agreement, the subscription agreement with Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Insurance, is expected to be amended to adjust the price to C$2.41 per common share. As a result, LMM will acquire approximately 3,805,576 common shares of the Company for gross proceeds to the Company of C$9.2 million. This will allow LMM to maintain its relative proportionate interest in Alderon following the closing of the Hebei transaction.

      In addition to the outstanding Chinese regulatory approvals discussed above, the transactions outlined in this news release remain subject to the approvals of the Toronto Stock Exchange and the NYSE MKT.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      2 Antworten
      Avatar
      schrieb am 27.08.12 17:28:21
      Beitrag Nr. 85 ()
      Antwort auf Beitrag Nr.: 43.538.258 von Popeye82 am 27.08.12 17:24:22
      Alderon Confirms All Chinese Regulatory Approvals Received, For Hebei Transaction - Aug 21, 2012
      www.alderonironore.com/_resources/news/2012-08-21-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 21, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that Hebei Iron & Steel Group Co., Ltd. ("Hebei") has confirmed receipt of all necessary Chinese regulatory approvals for the previously announced transaction. Now that all Chinese regulatory approvals have been received, both parties will work to close the transaction shortly.

      The transaction outlined in this news release remains subject to the approvals of the Toronto Stock Exchange and the NYSE MKT.



      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 30.08.12 19:43:41
      Beitrag Nr. 86 ()
      Unter 2 mittlerweile, der Eisenerzpreis hilft nicht gerade...
      2 Antworten
      Avatar
      schrieb am 30.08.12 23:01:45
      Beitrag Nr. 87 ()
      Antwort auf Beitrag Nr.: 43.553.095 von ooy am 30.08.12 19:43:41
      Ist richtig. Auch Dein "Aussie short seller" der kann damit unter Umständen ein gutes Geschäft machen. Da sage ich nichts dagegen -und habe es nie gemacht.

      Wobei ich bei Ihm mindestens 2Sachen, bzw. die Fokussierung auf Alderon Iron Ore komisch/"etwas schwer nachvollziehbar" finde:

      + “marginal iron ore properties” ist eeecht gut :laugh: -bei Kami >1.300.000.000 Tonnen M/I/I. Wo lebt der Typ?

      + und wenn man/er von diesen Annahmen ausgeht -warum sucht er sich dann nicht explizit Hochkost-Produzenten(oder solche "die es werden sollen"). Da dürfte er hier einigermassen am falschen Platz sein -und in dem Fall würde ich mir glaub ich andere Ziele suchen.


      Ich hab mir mal sein "How business decisions are made in a boom: Fortescue Metals edition" durchgelesen -is OK, aber auch kein Geniestreich. Auf Alderon Iron Ore geht er da ja nahezu gar nicht ein -und dann so einen bringen wie "The project is silly". Das hat was. :laugh: Also in meinen Augen ist schon zu bezweifeln ob er sich mit Kami bisschen mehr auseinandergesetzt hat.



      Wie auch immer, ich denke es ist klar dass das Projekt unter aktuellen Bedingungen keine Chance haben dürfte -daher kommt es v.a. erstmal darauf an was man künftig(Konjunktur/Eisenpreis) erwartet.

      Mich hat es einfach geärgert dass Du hier mit ganz tollen Dreizeilern wie "und dachte an einen fundamentalen Ratschlag, der Kommentar nuetzt rein gar nix..." ankommst, niiichts Eigenes bringst -wo hier seir mittlerweile etwa ZWEI JAHREN alle Unternehmensmeldungen schön übersichtlich eingestellt sind. Darf man zum lesen nutzen. Von daher könn ma uns gern über die Aussichten unterhalten -musst Du aber erstmal eine eigene Einschätzung in Vorleistung bringen.

      Gruß
      P.
      1 Antwort
      Avatar
      schrieb am 30.08.12 23:31:55
      Beitrag Nr. 88 ()
      Antwort auf Beitrag Nr.: 43.553.851 von Popeye82 am 30.08.12 23:01:45Bin hier nicht investiert, sondern bei AXI, Bellzone und ein wenig CHM und Capex, daher muss ich mich darum kuemmern, auch bei Indo bin ich mittlerweile investiert, viel Glueck hier...
      Avatar
      schrieb am 16.09.12 13:03:59
      Beitrag Nr. 89 ()
      Alderon Closes Common Share Subscription, With Hebei Iron & Steel Group - Sep 4, 2012
      www.alderonironore.com/_resources/news/2012-09-04-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 4, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that it has closed the Alderon common share ("Common Share") subscription component of the previously announced transaction with Hebei Iron & Steel Group Co., Ltd. ("Hebei"). Pursuant to the terms of the subscription agreement (as amended) (the "Subscription Agreement"), Hebei has acquired 25,858,889 Common Shares at a price of C$2.41 per Common Share for gross proceeds to the Company of approximately C$62.3 million, representing 19.9% of the issued and outstanding Common Shares. Alderon and Hebei have also executed the remaining definitive agreements, including the Investor Rights Agreement, the Off Take Agreement and the agreements required to form and operate the limited partnership that will own the Kami iron ore project (the "Kami Project").

      Concurrent with the Hebei closing, Liberty Metals & Mining Holdings, LLC ("LMM"), a subsidiary of Liberty Mutual Insurance, has acquired 3,816,181 Common Shares at a price of C$2.41 per Common Share for gross proceeds to the Company of approximately C$9.2 million, allowing LMM to maintain its relative proportionate interest in Alderon. Also concurrent with the Hebei closing, Alderon is repaying the $10.5 million bridge loan previously advanced by LMM.

      Mark Morabito, Executive Chairman of Alderon, said, "The closing of the private placement component of Hebei's strategic investment in Alderon and its Kami Project is a major milestone for both parties. One of Alderon's next milestones will be the completion of its Feasibility Study, which is expected in Q4 2012. Once Alderon delivers to Hebei a Feasibility Study that meets the required criteria, Hebei will contribute the remainder of its C$182.2 million investment. I would also like to acknowledge and thank Liberty for its continued support of Alderon."

      Hebei's initial investment in Alderon and the Kami Project will total C$182.2 million. Pursuant to the terms of the definitive agreements, within 15 business days of Hebei receiving a feasibility study that meets certain criteria, Hebei will contribute the remaining C$119.9 million of the initial investment and Alderon will contribute the Kami Project and relevant properties to the newly formed limited partnership which is owned as to 25% by Hebei and 75% by Alderon.


      Other transaction highlights include:


      + Hebei agrees to use its best efforts to assist in obtaining project debt financing for the Kami Project from financial institutions, including Chinese banks.

      + Alderon and Hebei will be required to contribute to capital expenditures for the development of the Kami Project not covered by initial capital contributions and project debt financing, in accordance with their respective interests.

      + Upon Hebei's acquisition of its 25% interest in the Kami Project, it will be obligated to purchase upon the commencement of commercial production, 60% of the actual annual production from the Kami Project up to a maximum of 4.8 million tonnes of the first 8.0 million tonnes of iron ore concentrate produced annually at the Kami Project. The price paid by Hebei will be based on the monthly average price per DMT for iron ore sinter feed fines quoted by Platts Iron Ore Index (including additional quoted premium for iron content greater than 62%) ("Platts Price"), less a discount equal to 5% of such quoted price. Hebei will also have the option to purchase additional tonnage at a price equal to the Platts Price, without any such discount.

      + Hebei has agreed to co-operate with Alderon in its efforts to attract additional off-take partners in respect of the annual production from the Kami Project that has not been committed to Hebei.

      + Alderon will be the manager of the Kami Project and will receive a fixed annual management fee during the construction period of the project. Once the Kami Project has reached commercial production, Alderon will receive a management fee on a per tonne of iron ore concentrate basis.

      + The entire C$182.2 million of investment proceeds from Hebei will be used for the exploration and development of the Kami Project, the repayment of the $10.5 million bridge loan from LMM and other relevant corporate expenses of Alderon.

      + Alderon has granted Hebei a pre-emptive right to maintain its interest in Alderon in certain circumstances.


      As a term of the transaction, Hebei was entitled to nominate two directors to the Board of Alderon. Hebei has nominated Ms. Zheng Liangjun and Mr. Tian Zejun and they have been appointed to the Board of Alderon. The Board would like to welcome the new directors and looks forward to a long term and successful partnership.

      Ms. Zheng, B.Eng., M.Eng., MBA, brings 21 years of international trade and investment experience to Alderon. Ms. Zheng was Deputy General Manager of Handan Iron and Steel Group Import & Export Co., Ltd., a subsidiary of Hebei from 2006 to 2008. Since 2009, she has been with Hebei Iron and Steel Group International Trade Corporation, also a subsidiary of Hebei. In 2011, she became Deputy General Manager of Hebei Iron and Steel Group International Trade Corporation, responsible for overseas investment and projects as well as equipment imports. Ms. Zheng received the title of Senior Engineer in 1999 and holds a Bachelor of Engineering degree from Hebei University of Technology, a Masters Degree from Wuhan University of Science and Technology and a Masters of Business Administration from Beijing Jiaotong University.

      Mr. Tian, B.Eng., MBA, has 24 years of experience in mining, geological and metallurgical technology and management. Since 2010, Mr. Tian has been Deputy General Manager of Hebei Iron and Steel Group Mining Co., Ltd and General Manager of Laiyuan Non-ferrous Metals Co., Ltd., each a subsidiary of Hebei. Mr. Tian has served as a Standing Committee member and Deputy Secretary of Laiyuan County in Hebei province since 2009. Mr. Tian received the title of Senior Engineer in 1997 and holds a Bachelor of Mining Engineering degree from Xi'an University of Architecture and Technology and a Masters of Business Administration from the University of Texas at Arlington.

      Stepping aside from the Alderon Board to allow for the appointment of the Hebei nominees is Mr. Stan Bharti. Mr. Bharti was one of Alderon's founding directors and he has been instrumental in attracting the necessary capital to support its development. Mr. Bharti, through Forbes & Manhattan, Inc., will continue to advise Alderon on a consulting basis and Alderon will retain the benefits of his experience and expertise. The Board would like to acknowledge and thank Mr. Bharti for his significant contributions to the Company's development to date.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 27.09.12 19:31:01
      Beitrag Nr. 90 ()
      Alderon "Marks Important Progress, With Filing of Environmental Impact Statement" - Sep 25, 2012
      www.alderonironore.com/_resources/news/2012-09-25-NewsReleas…

      "Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon" or the "Company") is pleased to announce that another significant milestone has been achieved today with the submission of its Environmental Impact Statement (EIS) to the Federal and Provincial Governments for the Kami Iron Ore Project in Labrador West. The EIS document consists of more than 5000 :eek: pages of technical analysis and provides a full and thorough assessment of the predicted project effects on the biophysical and human environments.

      "Since we began the journey of developing this incredible resource, we have achieved many exciting milestones including entering into numerous financial agreements and strategic partnerships, as well as securing access to port facilities," said Mark Morabito, Executive Chairman of Alderon. "The EIS represents the building of momentum towards project sanction, and we are pleased to make this submission to both levels of government."

      "This extensive document represents more than two years of data collection and analysis, as well as substantial consultation with stakeholders," said Tayfun Eldem, President and CEO of Alderon. "We want to thank every single individual and group who contributed to this process. By working together with communities and stakeholders and keeping lines of communications open, we will ensure that this project is mutually beneficial to all. The incredible amount of effort and detail that went into this EIS also demonstrates our company's commitment to meeting superior standards for sustainable development."

      The next step in the Environmental Assessment Process is for the federal and provincial governments to post the complete EIS and provide notification of the commencement of the public review period. Governments, stakeholders, aboriginal groups and the general public will review the information contained in the EIS, and provide relevant comments back to the government where there are outstanding issues or concerns. In the meantime, Alderon will continue to actively engage all stakeholders, regulatory agencies and aboriginal groups to ensure an efficient and timely completion of the EA process.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. Alderon's Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon and to view a summary of the EIS document, please visit www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 01.11.12 14:14:48
      Beitrag Nr. 91 ()
      Alderon Iron Ore Corp.: New Multi-User Deep Water Dock @Port of Sept-Iles on Time +on Budget - Oct 30, 2012
      www.alderonironore.com/_resources/news/2012-10-29-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 30, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon") is pleased to announce that work on the new multi-user deep water dock at the Port of Sept-Îles, Quebec is on time and within budget. Construction of the new facility is expected to be completed by the end of March 2014.

      The first phase of the program is now complete and included dredging in order to allow for the loading of large capesize vessels. This work was carried out by Ocean Group Inc., the recognized leader in integrated marine services throughout Eastern Canada.

      Construction of the dock commenced during the first week of October and is being carried out by Pomerleau Inc., the largest construction company in Quebec. The driving of the first piles is planned for mid-November.

      "We are extremely pleased that the Sept-Îles Port Authority is making such good progress on the construction of the new facility," says Tayfun Eldem, President and CEO of Alderon. "This should allow for all the necessary port infrastructure to be in place in accordance with Alderon's project development timeline."


      For additional information about the Port of Sept-Îles and Alderon's agreement with the Port, please refer to Alderon News Releases dated February 14, 2012 and July 16, 2012 respectively.

      Alderon also announces that while the progress of the feasibility study on the Kami Property continues to advance, certain engineering studies and optimization analyses within the overall feasibility initiative are taking more time to conduct and finalize than originally anticipated. The results of the study may still be released during the fourth quarter of 2012, but in any event, the results of the feasibility study will be released prior to January 31, 2013. This delay will not affect Alderon's project development timeline.


      About Alderon

      Alderon is a leading iron ore development company in Canada. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 13.12.12 15:01:37
      Beitrag Nr. 92 ()
      Alderon Signs Engineering, Procurement +Construction Management Agreement - Nov 8, 2012
      www.alderonironore.com/_resources/news/ADVNR20121108.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2012) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that it has signed an Interim Engineering and Planning Services Agreement ("the Interim Agreement") with WorleyParsons Canada Services Ltd ("WorleyParsons") to perform Engineering, Procurement and Construction Management ("EPCM") Services on the Kamistiatusset ("Kami") Iron Ore Project in Western Labrador.

      "We are extremely pleased to be moving ahead with detailed engineering, which is the next step in developing our Kami Project," says Tayfun Eldem, President and CEO of Alderon. "Although our Feasibility Study has been slightly delayed with a portion of the Study taking longer than we had anticipated, it does not affect our overall timeline. We are moving ahead as planned."

      WorleyParsons is one of the few global companies with the track record, resources, technical capabilities and systems to meet the demands of large-scale projects. The services contained within the Interim Agreement are estimated to cost $2.5 million to complete and will allow WorleyParsons to progress with certain deliverables while pursuing negotiations for the full EPCM Agreement.


      About Alderon

      Alderon is a leading iron ore development company in Canada. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 13.12.12 15:05:10
      Beitrag Nr. 93 ()
      Alderon Signs Agreement with Nalcor, to Perform StageIII Engineering +Assessment, for the Supply of Power for Alderon's Kami Project - Dec 13, 2012
      www.marketwire.com/press-release/alderon-signs-agreement-wit…

      "Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX)(NYSE Amex:AXX) ("Alderon") is pleased to announce that it has entered into an agreement (the "Agreement") with Nalcor Energy ("Nalcor") whereby Nalcor will perform Stage III engineering and assessment related to providing transmission and electrical plant and services associated with supplying electrical power for Alderon's Kami Project. Nalcor Energy is headquartered in St. John's, NL, Canada. Its business includes the development, generation, transmission and sale of electricity; the exploration, development, production and sale of oil and gas; industrial fabrication and energy marketing.

      "Alderon commenced Nalcor's formal process for the provision of power to an industrial customer in Labrador in September 2011 and we are very pleased to now be in the third and final stage of the engineering and assessment process," says Tayfun Eldem, President and CEO of Alderon. "The third stage of the process will lead to the completion of detailed engineering and will also mark the start of the formal negotiations towards a mutually acceptable Power Purchase Agreement."

      Nalcor has established a formal process in advance of Nalcor or Newfoundland and Labrador Hydro being able to supply power to an industrial customer in Labrador. The technical process involves three stages: Stage I - Pre-Project Phase; Stage II - Concept Selection; and Stage III - Front End Engineering Design. Alderon and Nalcor have completed Stages I and II of the process. With the signing of the Agreement, Stage III has commenced and it is expected to take 6-8 months to conclude. Alderon funded all of the costs associated with Stage II and will also fund all Stage III costs which are estimated to be $3.8 million. Commercial discussions will commence during Stage III of the process and once commercial terms are agreed upon, a formal Power Purchase Agreement will be signed by Alderon and Nalcor subject to environmental and regulatory approvals. The commercial terms and rates for power, transmission and other infrastructure costs will be governed by a Labrador Industrial Rates Policy Framework.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 04.01.13 12:32:43
      Beitrag Nr. 94 ()
      Alderon to Release Feasibility Study for the Kami Iron Ore Project +Host Conference Call, on Wednesday Jan 9, ´13 - Jan 4, 2012
      www.marketwire.com/press-release/alderon-release-feasibility…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 4, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that it plans to release the results of its Feasibility Study ("FS") on the Rose Deposit of the Kamistiatusset ("Kami") Iron Ore Property in western Labrador prior to market open on Wednesday January 9, 2013.

      Following the release of the FS, Alderon will host an analyst and shareholder conference call at 8:00am EST on the same day (January 9, 2012). To participate in the call, please dial the following:

      Toronto: 416-623-0333
      Montreal: 514-687-4017
      Vancouver: 604-681-8564
      Calgary or International: 403-532-5601
      Toll Free North America: 1-855-353-9183
      Participant Pass Code: 43764#


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      2 Antworten
      Avatar
      schrieb am 13.01.13 16:23:45
      Beitrag Nr. 95 ()
      Antwort auf Beitrag Nr.: 43.981.430 von Popeye82 am 04.01.13 12:32:43
      vom "geplanten" Durchsatz stände immernoch die mööögliche Verdoppelung im Raum. Das würde, in dem Falle, schon noch mal etwas "Economy of Scale" mit sich bringen -wird aber erst nach Produktionsaufnahme Kamis nochmals erwogen(in Abhängigkeit von verschiedenen (Markt)Rahmenbedingungen):

      Alderon Announces Feasibility Study Results, Demonstrating $3.2440.000.000 NPV8 +29.3% IRR for the Kami Project - Jan 9, 2013
      www.alderonironore.com/_resources/news/ADVNR20130109.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that it has received the results of the Feasibility Study ("FS") on the Rose Deposit of the Kamistiatusset ("Kami") Iron Ore Property in western Labrador. The FS was completed by BBA Inc. ("BBA") located in Montreal, Quebec, Stantec Consulting Ltd. ("Stantec") located in St. John's, Newfoundland & Labrador and Watts, Griffis and McOuat Limited ("WGM") located in Toronto, Ontario, and is effective as of December 17, 2012. The National Instrument (NI) 43-101 compliant Report (the "Report") summarizing the results of the FS will be filed on SEDAR and Alderon's website within 45 days of this news release. Results of the FS disclosed in this press release are in USD and pre-tax (except where otherwise indicated).


      Highlights of the FS include:

      - NPV at 8% discount rate $ 3,244 M
      - IRR 29.3%
      - Total Estimated Capital Cost (excluding sustaining capital) $ 1,272.9 M
      - Average Estimated Operating Costs (loaded in ship Port of Sept-Iles) $ 42.17
      - FOB Concentrate Sales Price Forecast - based on long term CFR benchmark price of $110/T @ 62% iron adjusted for Kami Fe grade and Hebei agreement terms
      Year 1-5 (2016-2020) $ 107
      Year 6 onward $ 102
      - Estimated Mine Life 30 years
      - Final Product Iron Grade (%Fe) 65.2%
      - Measured and Indicated Resource of the Rose Deposit (COG=15%, 29.6% Total Iron) 1093.2 Mt
      - Proven and Probable Reserves of the Rose Deposit (COG=15%, 29.5% Total Iron) 668.5 Mt
      - Annual Production Rate (average life of mine, post ramp-up year) 8.0 Mtpa
      - Projected Plant Start-up and Commissioning Q4, 2015
      - Projected Commencement of Revenue Generation Q1, 2016
      - Projected Years to Payback at 8% discount rate 3.8


      "The completion of the Feasibility Study is a major milestone in Alderon's development and we are very pleased with the results. The completion of the Feasibility Study is another significant de-risking event that can be added to Alderon's confirmation of port access, Nalcor Stage III transmission line engineering and assessment agreement and strategic partnership with Hebei Iron and Steel ("Hebei")," says Tayfun Eldem, President and CEO of Alderon. "The study demonstrates robust economics on the Kami Property and the results meet all of the threshold criteria under our agreements with Hebei. Our schedule anticipates receipt of permits toward the end of 2013 and construction to follow immediately, with initial production in Q4 2015."

      The FS demonstrates very attractive project economics. Based on a production rate of 8 million tonnes per year of iron ore concentrate at a grade of 65.2% iron, the FS shows a Net Present Value ("NPV") of $3.244 billion at a cash flow discount rate of 8%. The internal rate of return ("IRR") for the project is 29.3%. The level of accuracy of the FS is considered to be +/-15% and a foreign exchange rate of $1.00US = $1.00CDN was used.

      On an after-tax basis, the FS shows a NPV of $1.858 billion and payback period of 4.5 years at a cash flow discount rate of 8%. The after-tax IRR for the project is 23.1%. The after-tax analysis is based on a number of assumptions which will be fully set out in the Report.


      Financial Analysis

      Based on the assumption that commercial production would begin in Q4 2015 and would continue for 30 years, the following results were obtained (pre-tax):

      IRR 29.3%
      Discount Rate 0%

      $ NPV
      (Billion $)
      11.545 Payback
      (years)
      3.1
      5% $ 5.030 3.5
      8% $ 3.244 3.8
      10% $ 2.461 4.0


      Total capital expenditures (including contingency) are estimated at $1.27 billion. The capital cost estimate excludes closure costs and sustaining capital, which are expected to be in the order of $48.1 million and $642.4 million respectively for the life of the project. These costs are included in the financial analysis for the project.


      Summary of Estimated Initial Capital Costs (Million $)

      Mining Capitalized Pre-Stripping Costs $ 52.7
      Concentrator and Site Infrastructure $ 585.1
      Environmental & Tailings Management $ 47.4
      Rail Line (Kami Site) $ 57.7
      Port Facilities $ 152.2
      Indirect Costs (Including Owner's Costs) $ 258.8
      Contingency $ 119.0

      TOTAL $ 1,272.9


      The FS assumes a Concentrate FOB selling price of $107/tonne for year 1-5 (2016-2020) and $102/tonne from year 6 onwards. The selling price is loaded in ship at Port of Sept-Iles with Fe premiums and Hebei discount applied. Average life-of-mine ("LOM") operating costs, including annual costs for leasing of equipment (purchase value of $176.9 million), are estimated at $42.17/tonne of concentrate. During the life of the project, leased equipment are replaced as they reach the end of their service life and these replacement costs are capitalized and reflected as part of the sustaining capital expenditures. Average LOM operating costs are based on the following:


      Summary of Estimated Operating Costs ($/t of concentrate)

      Mining $ 17.11
      Processing $ 6.51
      Site General $ 0.34
      General & Administrative $ 1.50
      Environmental & Tailings Management $ 0.52
      Rail Transportation $ 13.33
      Port & Shiploading $ 2.86

      TOTAL $ 42.17


      Mineral Resources and Mineral Reserves


      The mineral resources and mineral reserves are reported in accordance :eek: :eek: with Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources Mineral Reserves and their Guidelines, and are compliant with NI 43-101.

      The mineral resource estimate for the Kami Property is set out below. WGM was retained to audit an in-house estimate completed by Alderon. Mr. Michael Kociumbas, P.Geo. and Mr. Richard Risto, P.Geo. with independent firm, WGM, are Qualified Persons as defined by NI 43-101 and are responsible for reviewing and approving this mineral resource estimate and the QA/QC associated with the estimate. They have verified, reviewed and approved the technical data contained in this news release and underlying sampling, analytical and test data. The mineral resource estimate has been prepared using a 15% Total Fe cut-off grade, is effective December 17, 2012 and inclusive of mineral reserves.


      Zone Category Tonnes(Million) TFe% magFe% hmFe%

      Rose Central Measured 249.9 29.4 17.6 8.1
      Indicated 294.5 28.5 17.7 5.9
      Total M&I 544.4 28.9 17.7 6.9

      Inferred 160.7 28.9 16.9 7.1


      Rose North Measured 236.3 30.3 13.0 14.7
      Indicated 312.5 30.5 11.8 17.1
      Total M&I 548.8 30.4 12.3 16.1

      Inferred 287.1 29.8 12.5 15.5


      Mills Lake Measured 50.7 30.5 21.5 7.0
      Indicated 130.6 29.5 20.9 3.9
      Total M&I 181.3 29.8 21.1 4.8

      Inferred 74.8 29.3 20.3 2.7


      The mining engineering work performed for this FS was based on the 3-D block model provided by Alderon and audited by WGM. Pit optimizations were performed on Measured and Indicated Resources and the pit shell having the optimal discounted NPV and strip ratio at a cut-off grade of 15% Total Fe was selected for the mineral reserve estimate. The final mineral reserve was estimated after applying engineering and operational design parameters. BBA is of the opinion that the mineral reserve estimate derived in this FS reasonably quantifies the economical ore mineralization of the Rose Deposit. The reserve estimate is as of December 17, 2012 and the mineral reserves presented in the table below are included in the mineral resource estimate set out above. Only the Measured and Indicated Resources within the Rose Central and the Rose North Deposits have been considered in the FS and have been used for the estimation of mineral reserves. The mineral resources within the Mills Lake Deposit have not been considered in the FS.


      Category Mt TFe% WREC% magFe% MAG%


      Proven 431.7 29.7 35.5 15.5 21.4
      Probable 236.8 29.2 34.1 14.9 20.5
      Total 668.5 29.5 35.0 15.3 21.1


      Project Summary

      The Kami Property is located approximately 10 km from the town of Wabush in Western Labrador and approximately 6 km south from the Wabush Mines mining lease owned by Cliffs Natural Resources Inc. The proposed project at the Kami site, as stated in the FS, includes the following components:

      - The Rose ore deposit and waste rock disposal areas.

      - Processing infrastructure including a crushing and grinding circuit, spiral plant, magnetite plant, and fine tailings thickener.

      - Tailings Management Facility.

      - Ancillary infrastructure to support the mine and process plant (gate and guardhouse, reclaim water pumphouse, truck wash bay and repair shop, electrical substation, administration/office buildings, maintenance offices, warehouse area and employee facilities, conveyors, loadout silo, stockpiles, sewage and effluent water treatment systems, mobile equipment and transmission lines).

      - A temporary construction camp is located off-site.

      - The rail infrastructure, including the rail line connecting to Quebec North Shore & Labrador (QNSL) Railway, the rail loop and the service tracks consist of a total of 25 km of new track passing to the south and east of the Town of Wabush.

      - Nalcor will provide power directly to the Kami site main substation by means of a 315 kV transmission line.


      Facilities at the Port will include:

      - A rail transportation component consisting of a Sept-Iles Junction interchange, railway line and staging tracks.

      - A car dumper.

      - A stacker/reclaimer system.

      - A concentrate storage area with a capacity of 550,000 tonnes.

      - A conveyor system feeding the future common deep water shiploading facility, capable of loading high capacity vessels destined for Asia, operated by the Port of Sept-Iles.


      The proposed project will produce eight million metric tonnes of iron ore concentrate per year and will ship concentrate to market via the Port of Sept-Iles facilities at Pointe Noire, Quebec. Ore processing will take place at the Kami site and will involve the following steps:

      - Ore will be mined from the open pit mine using conventional drill and blast techniques and transported via haul trucks;

      - Ore will be hauled to the primary crusher in proximity of the pit and the crushed ore will be delivered to the stockpile and to the process plant via conveyor;

      - The process plant will include grinding, screening, and gravity and magnetic concentration;

      - Tailings (process waste) will be pumped to the tailings impoundment area south of the process plant; and

      - Iron ore concentrate will be loaded onto gondola rail cars for transportation to the Port of Sept-Iles where it will be stockpiled and in turn transferred to ships for delivery to market.


      Development Timetable

      A construction schedule has been established that is contingent on the following milestones to be realized:

      Major Milestones Date


      Interim Engineering & Planning Services Agreement Aug-2012
      Start Detailed Engineering Nov-2012
      EA Release Sep-2013
      Permits and Start Construction Nov-2013
      Construction Completed Aug-2015

      Power Availability (NL) Sep-2015
      Full Handover to Operations Nov-2015



      The environmental permitting process began with project registration initiated with the submission of the project description in October 2011. An environmental impact statement was submitted in September 2012 and based on the expected duration of the various regulatory proceedings, it is expected that the permits, which will allow construction, will be issued in November 2013. No site work is anticipated prior to this date. Construction is set to start in November 2013 and is based on a construction schedule of 24 months including Pre-Operational Verifications and plant handover to operations.

      The documents filed by Alderon in the Environmental Assessment process include provision to increase planned production to 16 million tonnes per year. However, the FS only contemplates an 8 million tonne per year production scenario. Alderon intends to proceed with the 8 million tonne per year production scenario outlined in the FS and it may evaluate the feasibility of a 16 million tonne per year production scenario after the commencement of commercial production at the Kami Property. Such evaluation will be based on several factors including market projections for iron ore supply and demand.


      Analyst and Shareholder Conference Call

      Alderon will host a conference call today at 8:00 a.m., EST (January 9, 2013) to discuss the FS results. To participate in the call please dial the following:

      Toronto: 416-623-0333
      Montreal: 514-687-4017
      Vancouver: 604-681-8564
      Calgary or International: 403-532-5601
      Toll Free North America: 1-855-353-9183
      Participant Pass Code: 43764#


      Technical Report and Qualified Person

      A NI 43-101 Technical Report will be filed on SEDAR and on Alderon's website within 45 days of the date of this news release. The Report will consist of a summary of the Feasibility Study. The Report is being prepared under the supervision of Angelo Grandillo, P.Eng, of BBA, a Qualified Person as defined by NI 43-101, with contributions from Stantec and WGM. Mr. Grandillo is a Qualified Person as defined by NI 43-101 and Mr. Grandillo is independent of Alderon. Mr. Grandillo has reviewed and approved the technical information contained in this news release, with the exception of the mineral resource estimate which was reviewed and approved by WGM as noted above. Mr. Grandillo has verified all the data underlying the technical information disclosed in this news release.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      Prior to the release of the Report on the FS results, additional information about the Kami Project can be found in the technical report filed on SEDAR at www.sedar.com entitled: "Technical Report Preliminary Economic Assessment of the Rose Central Deposit and Resource Estimate for the Rose Central, Rose North and Mills Deposits of the Kamistiatusset (Kami) Iron Ore Property, Labrador for Alderon Iron Ore Corp." dated effective October 26, 2011.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 13.01.13 17:59:47
      Beitrag Nr. 96 ()
      Antwort auf Beitrag Nr.: 43.924.293 von Popeye82 am 13.12.12 15:05:10
      Nalcor Confirms Power Supply, for Alderon's Kami Project - Jan 10, 2013
      www.alderonironore.com/_resources/news/2013-01-10-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that Nalcor Energy ("Nalcor") has confirmed that Nalcor will supply power to Alderon's Kami Project subject to certain conditions, which include the completion of necessary engineering and design work for power infrastructure, the conclusion of a comprehensive Power Purchase Agreement, and the receipt of any required environmental or other regulatory approvals for power infrastructure. Nalcor Energy is headquartered in St. John's, NL, Canada. Its business includes the development, generation, transmission and sale of electricity; the exploration, development, production and sale of oil and gas; industrial fabrication and energy marketing.

      "We are very pleased that Nalcor has confirmed that power will be available for the Kami Project," says Tayfun Eldem, President and CEO of Alderon. "This will fulfill a major infrastructure requirement for the Kami Project and will allow us to continue to move forward on our development timeline. We are now engaged with Nalcor in a process that will lead to the completion of detailed engineering and conclusion of a mutually acceptable Power Purchase Agreement. This is very positive news for Labrador West, as this project will bring tremendous benefits to the region. We are pleased that Nalcor recognizes the importance of supplying power for industrial development right here in Labrador."

      Nalcor has established a formal process in advance of Nalcor or Newfoundland and Labrador Hydro being able to supply power to an industrial customer in Labrador. The technical process involves three stages: Stage I - Pre-Project Phase; Stage II - Concept Selection; and Stage III - Front End Engineering Design. Alderon and Nalcor have completed Stages I and II of the process. Alderon announced in December 2012 that it has signed an Agreement with Nalcor for Stage III and this stage of the process is expected to take 6-8 months to conclude. Commercial discussions will commence during Stage III of the process and once commercial terms are agreed upon, a formal Power Purchase Agreement will be signed by Alderon and Nalcor subject to environmental and regulatory approvals. The commercial terms and rates for power, transmission and other infrastructure costs will be governed by a Labrador Industrial Rates Policy Framework.

      Alderon presented Nalcor with its anticipated annual requirements of between 60MW and 70MW of power for its operations, assuming that the Kami Project reaches commercial production. Nalcor was able to provide Alderon with the confirmation that it will be able to supply power to the Kami Project, subject to the conditions discussed above.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "#
      Avatar
      schrieb am 15.01.13 17:28:43
      Beitrag Nr. 97 ()
      Alderon Appoints Additional Members, to the Management Team - Jan 15, 2013
      www.alderonironore.com/_resources/news/ADVNR20130115.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 15, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce the appointment of Xinneng (David) Li as Vice President, Asia-Pacific Affairs and Ian Chadsey as Vice President Investor Relations, effective immediately. Mr. Li will be based out of Alderon's Vancouver office and Mr. Chadsey out of the Montreal office.

      Mr. Li has over 20 years of international project and financial management and corporate development experience. He worked as the CFO of Selwyn Chihong Mining Ltd., where he managed accounting, finance activities and fund raising for a large zinc and lead project in Canada. Previously, he was the Asia Finance Controller for a US based manufacturing company in China and Director of Strategic Planning for Trina Solar, a NYSE listed public company. He also held various managerial roles in Bunge Ltd., a NYSE listed public company and Cargill's investment holding company in Beijing. Mr. Li holds an MBA from Thunderbird School of Global Management in Arizona, USA and a Ph.D. in engineering from Beijing University of Aeronautics and Astronautics in Beijing, China.

      Mr. Chadsey brings over 15 years of progressive experience in investor relations, media and corporate affairs. In his new role, Mr. Chadsey will be responsible for developing and managing Alderon's communication activities with the media and financial community. Prior to joining Alderon, he was the head of Investor Relations for several large Canadian Corporations such as Agrium and Manitoba Telecom and most recently has worked for Silver Standard Resources and Norse Energy. He received his MBA from the University of Ottawa, a Bachelors of Commerce degree from Concordia University and has a CMA designation.

      "We are fortunate to be adding David and Ian to the team," says Tayfun Eldem, President and CEO of Alderon. "They are joining us at a critical time as we transition Alderon toward commercial production and their expertise will be invaluable moving forward."


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website :eek: @ www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 22.01.13 17:21:28
      Beitrag Nr. 98 ()
      Antwort auf Beitrag Nr.: 44.015.962 von Popeye82 am 13.01.13 16:23:45
      Alderon Files Feasibility Study Technical Report - Jan 16, 2013
      www.alderonironore.com/_resources/news/ADVNR20130116.pdf
      www.sedar.com/CheckCode.do;jsessionid=000075Dpko23y9u-MdgaFh…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 16, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that it has filed a National Instrument 43-101 Technical Report dated effective December 17, 2012 on SEDAR at www.sedar.com. The Report is with respect to Alderon's Feasibility Study ("FS") of the Rose Deposit and Resource Estimate for the Mills Lake Deposit of the Kamistiatusset ("Kami") Iron Ore Property in western Labrador. The results of the FS were announced in a January 9, 2013 news release and there are no material differences between the results announced in that news release and those contained in the final Report.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 07.02.13 13:12:17
      Beitrag Nr. 99 ()
      Antwort auf Beitrag Nr.: 43.538.258 von Popeye82 am 27.08.12 17:24:22
      Alderon +Hebei Set Definitive Closing Date - Feb 6, 2013
      www.alderonironore.com/_resources/news/ADVNR20130206.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") announces that it has agreed, after consultation with Hebei Iron & Steel Group Co., Ltd. ("Hebei"), to extend the deadline for Hebei's C$119.9 million limited partnership contribution to March 15, 2013 in order to allow Hebei to complete all internal processes related to funding procurement for its limited partnership contribution and taking into account the coming Chinese New Year holiday period.

      Alderon will provide additional updates when available.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 09.03.13 13:39:05
      Beitrag Nr. 100 ()
      Alderon Confirms No Impact as a Result of CN's Plan to Cancel Feasibility Study For a New Rail Service in Northern Quebec - Feb 12, 2013
      www.alderonironore.com/_resources/news/ADVNR20130212.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is not reliant on the proposed CN rail service in the Labrador Trough and CN's decision to terminate the feasibility study for an integrated multi-user rail and terminal does not affect the scheduling or the time-lines of the Kami Project. One of the greatest advantages of Alderon's Kami Project is its proximity to the existing common carrier rail line owned and operated by the Quebec North Shore and Labrador Railway ("QNS&L"). [red]Alderon's feasibility study capital and operating cost projections are based on using the QNS&L Railway which has been the central case rail solution for our Kami Project since its inception.[/red]

      "The QNS&L Railway is a common carrier that operates with the legal obligation to accommodate third-party traffic. It currently has ample surplus capacity and runs within 15 km of the Kami Property," says Tayfun Eldem, President and CEO of Alderon. "Alderon will continue its rail tariff discussions with QNS&L."

      CN announced today that its feasibility study for a new rail line in Northern Quebec is terminated amid anticipated delays in mine development projects in and around the Labrador Trough. The proposed rail line and terminal handling facility were to serve the Quebec/Labrador iron ore corridor.

      Alderon has always viewed CN's integrated rail and terminal development project as a potentially high value alternative option and as a result signed on to participate in CN's feasibility study. Now that the feasibility study is canceled, under Alderon's agreement with CN, they are obligated to refund the $1.5 million Alderon contributed to the study last year.



      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 09.03.13 13:46:27
      Beitrag Nr. 101 ()
      Alderon's Environmental Assessment for Kami Property Moves Into the Final Stages - Feb 14, 2013
      www.alderonironore.com/_resources/news/ADVNR20130214.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that it has moved into the final stages of the Environmental Assessment (EA) Process for the Kami Project with the submission of the official response to information requests received from the Provincial and Federal Governments, Aboriginal groups and the public. The submission of more than 2,000 pages of documentation marks a significant milestone in the EA Process.

      "It is anticipated that the remaining steps of the EA Process will be completed on schedule to allow for the construction of the mine on the Kami property to commence in the fourth quarter of 2013," says Tayfun Eldem, President and CEO of Alderon. "The documentation is available to the public and can be found on the Provincial and Federal Government websites."

      Alderon is committed to maintaining a high standard in environmental stewardship and sustainability and will continue engagement with the regulators, Aboriginal groups and public stakeholders for the duration of the EA process, as well as through construction and over the life of mining operations at the Kami Project.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 09.03.13 13:48:33
      Beitrag Nr. 102 ()
      Alderon Appoints Mining Industry Finance & Accounting Professional to Its Board - Feb 21, 2013
      www.alderonironore.com/_resources/news/ADVNR20130221.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 21, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that it has appointed Mr. Lenard Boggio, B.A., B.Comm., FCA, CPA (Illinois), ICD.D, to the Board of Directors. Mr. Boggio was a Partner with PricewaterhouseCoopers LLP ("PwC") and its predecessor firm Coopers & Lybrand from 1988 until his retirement from PwC in May 2012. During that time, he was Leader of the B.C. Mining Group of PwC, a senior member of PwC's Global Mining Industry Practice and an audit practitioner for publicly listed Canadian, U.S. and U.K. mineral resource and energy clients. The scope of his clients' activities included exploration, development and production stage operations in the Americas, Africa, Europe and Asia.

      Mr. Boggio holds a Bachelor of Arts and Bachelor of Commerce from the University of Windsor, Ontario, he has been a member of the Institute of Chartered Accountants of British Columbia since 1985 and was awarded the Fellow Chartered Accountant designation for distinguished service to the accounting profession and the community in 2007. Mr. Boggio earned his CPA designation in Illinois in 1999 and is a Member of the State Boards of Accountancy in Illinois and Washington State. He has also been a Member of the Institute of Corporate Directors since 2010, earning his ICD.D designation in 2012.

      His numerous avenues of professional involvement include roles as a Board Member and Vice-Chair of the Canadian Institute of Chartered Accountants, Commissioner of the Financial Institutions Commission of B.C., a Member of the Ontario Securities Commission's Continuous Disclosure Advisory Committee and a member of the Institute of Chartered Accountants of B.C. Technical Forum that advised the B.C. Securities Commission and TSX Venture Exchange on policy and interpretation issues.

      Stepping aside from the Alderon Board to allow for the appointment of Mr. Boggio is Mr. Bruce Humphrey. Mr. Humphrey was one of Alderon's founding directors and he has been instrumental in its development. The Board would like to acknowledge and thank Mr. Humphrey for his significant contributions to the Company's development to date.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The 100% owned Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J. Morabito, Executive Chairman "
      Avatar
      schrieb am 10.03.13 06:32:27
      Beitrag Nr. 103 ()
      Sollte man jetzt einsteigen oder den 15.3. abwarten? Was meinst Du? War ja schonmal so tief...
      5 Antworten
      Avatar
      schrieb am 11.03.13 15:42:38
      Beitrag Nr. 104 ()
      Antwort auf Beitrag Nr.: 44.234.277 von ooy am 10.03.13 06:32:27
      Wenn würde ich auf jeden Fall die Hebei Deadline abwarten. Die Voraussetzungen für den Abschluss der Partnerschaft sind denke ich eigentlich gut, aber muss man schauen wie sie sich dann wirklich entscheiden(speziell in diesem Klima).

      Gruß
      P.
      4 Antworten
      Avatar
      schrieb am 11.03.13 17:01:54
      Beitrag Nr. 105 ()
      Antwort auf Beitrag Nr.: 44.237.862 von Popeye82 am 11.03.13 15:42:38Danke Dir...
      3 Antworten
      Avatar
      schrieb am 15.03.13 23:04:42
      Beitrag Nr. 106 ()
      Antwort auf Beitrag Nr.: 44.238.326 von ooy am 11.03.13 17:01:54Alderon Closes C$119.9 million Contribution by Hebei Iron & Steel Group

      http://www.alderonironore.com/_resources/news/ADV_NR20130315…

      VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 15, 2013) -Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon") is pleased to announce that Hebei Iron & Steel Group Co., Ltd. ("HBIS") has contributed the remaining C$119.9 million of its initial investment and Alderon has contributed the Kami iron ore project ("Kami Project") to a limited partnership (the "Kami Limited Partnership") which is owned 25% by HBIS and 75% by Alderon. HBIS is China's largest steel producer.
      2 Antworten
      Avatar
      schrieb am 17.03.13 15:54:20
      Beitrag Nr. 107 ()
      Antwort auf Beitrag Nr.: 44.259.856 von sinsala1986 am 15.03.13 23:04:42Tja, wieder mal verpasst...
      1 Antwort
      Avatar
      schrieb am 19.03.13 02:40:27
      Beitrag Nr. 108 ()
      Antwort auf Beitrag Nr.: 44.263.262 von ooy am 17.03.13 15:54:20Viel wars aber nicht, warum eigentlich nicht?

      ADV 1.560 -0.110 -6.59%
      Avatar
      schrieb am 25.03.13 16:09:14
      Beitrag Nr. 109 ()
      Alderon Acknowledges the Assistance of the Federal Government - Mar 22, 2013
      www.alderonironore.com/_resources/news/ADVNR20130322.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 22, 2013) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce the continuing progress towards sanction of the Kami iron ore project (the "Kami Project"), with the recent closing of the $119.9 million financing from Hebei Iron and Steel Group Co., Ltd. ("HBIS") and the advancement of the Environmental Assessment process (the "EA Process").

      The Federal Government provided significant assistance throughout the transaction process with Hebei. Senior executives of Alderon were able to meet with several Federal Government officials to discuss the Hebei transaction, including those from the Department of Foreign Affairs and International Trade.


      "Alderon would like to thank officials from the Department of Foreign Affairs and International Trade for their assistance on the most recent stage of the transaction with Hebei," said Mr. Mark Morabito, Executive Chairman. "Alderon has been working with the Canadian Embassy in China for over a year and government representatives were extremely helpful and did excellent work in advancing this important trade opportunity between Canada and China. On behalf of Alderon, I want to give thanks for the Federal Government's ongoing assistance with this project."

      Federal Government support can also be seen for the Kami Project, and other Labrador based mining projects, in the funding of the expansion at the Port of Sept-Îles, which is the only deep water port option for Labrador based mining projects. In addition, the Federal Government has also provided loan guarantees for the Muskrat Falls Hydro Project. While there is sufficient power available for the currently planned development of the Kami Project (see Alderon press release dated January 10, 2013), the Muskrat Falls Hydro Project will be beneficial in the event that Alderon evaluates an increase in its production capacity after the commencement of commercial production at the Kami Project.

      Based on an independent Economic Impact Assessment ("EIA") of the Kami Project, it will generate significant economic benefits. The EIA was undertaken by Strategic Concepts, Inc. and Dr. Wade Locke of Memorial University. The EIA estimates that the Kami Project will generate the following benefits for the people, communities and the Government of Newfoundland and Labrador and the Federal Government:

      + CDN $10.0 billion in direct, indirect and induced incomes to workers and local businesses.

      + CDN $7.2 billion in total Newfoundland and Labrador Provincial and Federal tax revenues.

      + CDN $25.4 billion contribution to the provincial GDP.


      Mr. Morabito added, "The Kami Project will further build on Labrador's reputation as a significant producer of iron ore, create meaningful long-term jobs and spur economic activity. The robust economics of this project will result in approximately 800 jobs during the peak of construction and more than 500 full time jobs over the 30-year life of the mine. We have been pleased with the Federal Government's willingness to listen to our vision for this project and our plans to contribute to the Canadian economy in a responsible and tangible way. We share the Federal Government's belief that strong regions result in a stronger nation, and we appreciate their willingness to engage with our company over the past several months."


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, Labrador City and St. John's. The Kami Project is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 26.03.13 02:47:49
      Beitrag Nr. 110 ()
      Antwort auf Beitrag Nr.: 44.296.173 von Popeye82 am 25.03.13 16:09:14Warum ist die eigentlich seit der Finanzierung nur noch am Fallen?? Ich dachte eigentlich, ich haette was verpasst...
      Avatar
      schrieb am 26.03.13 15:01:23
      Beitrag Nr. 111 ()
      Alderon, Labrador City and Wabush Sign MOUs to Formalize Working Relationship

      http://www.barchart.com/headlines/story/9275386/alderon-labr…
      Avatar
      schrieb am 12.04.13 08:26:32
      Beitrag Nr. 112 ()
      ...und jetzt? Kaufen?
      Kann mich wieder mal nicht durchringen...
      Avatar
      schrieb am 19.04.13 07:28:15
      Beitrag Nr. 113 ()
      Alderon Iron Ore (TSX:ADV38) received39 the final payment of C$119.9 million from Hebei Iron & Steel Group (SZSE:00070940) for its 25-percent stake in Alderon’s Kami project in Canada’s Labrador Trough. Alderon owns the remaining 75 percent. In all, Hebei, China’s largest steelmaker by capacity, has paid $182.2 million for its interest. Alderon aims to start commercial production at Kami in the fourth quarter of 2015 and envisions production of 8 million mtpa of concentrate at 65.2-percent iron over a 30-year life, according41 to Platts.

      http://resourceinvestingnews.com/53830-majors-forge-ahead-wi…
      Avatar
      schrieb am 16.08.13 22:48:43
      Beitrag Nr. 114 ()
      Eine Analyse aus Seekingalpha, 800% Potenzial:

      http://seekingalpha.com/article/1640712-alderon-iron-ore-800…
      Avatar
      schrieb am 17.08.13 01:03:05
      Beitrag Nr. 115 ()
      Zitat von startvestor: As I'll point out in this article, even with a 150% share dilution to raise the equity part of the capex


      Das düfrte vermutlich, je nach Aktienkurs, schon sehr optimistisch sein. Unter dem Strich schätze ich aber dass Kami eines der nächsten Eisenprojekte was die Förderung aufnimmt Kanadas sein wird, wann das dann auch sein wird.

      Gruß
      P.
      1 Antwort
      Avatar
      schrieb am 17.08.13 10:15:50
      Beitrag Nr. 116 ()
      30% verpasst, schade...
      Avatar
      schrieb am 17.08.13 10:36:21
      Beitrag Nr. 117 ()
      Antwort auf Beitrag Nr.: 45.269.385 von Popeye82 am 17.08.13 01:03:05Ich habe mir v.a. wegen des hohen Cashpolsters ein paar Aktien ins Depot gelegt, obwohl ich durch meine Erfahrungen mit Cliff nicht begeistert bin von Ostkanada. Aber vielleicht machts Alderon ja besser. Charttechnisch siehts erstmal gut aus.
      Avatar
      schrieb am 19.08.13 21:23:45
      Beitrag Nr. 118 ()
      By Christopher Donville - 2013-08-12
      Alderon Set to Sign Asia Partner for Iron Mine

      http://www.bloomberg.com/news/2013-08-12/alderon-set-to-sign…
      Avatar
      schrieb am 20.08.13 01:28:07
      Beitrag Nr. 119 ()
      Zitat von cervical: “Looking at the next generation of producers, we view Alderon Iron as the lowest-risk developer in the Labrador Trough, with the clearest path to first production,


      Das ist auch meine Einschätzung. Wobei man hier "lowest risk" hier nicht mit "low risk" gleichsetzen/verwechseln sollte. Da sollten die nächsten Monate interessant werden -wobei m.W. nach relativ viele Eisenentwickler in Kontakt bis zu Verhandlungen mit (asiatischen)Interessenten stehen -die Frage ist eben was dabei herauskommt.



      An Cervical und alle anderern,

      Könntn wir uns vielleicht einigen Meldungen und Artikel ganz einzustellen??

      Ich finde das ziemlich Quark nur die Überschrift mit Link einzustellen. Die Leute sind, extrem zunehmend, schon dermassen "newsfixiert", dass sie gar nicht(mehr) den eigentlichen Inhalt lesen.

      Gruß
      P.
      Avatar
      schrieb am 24.08.13 22:56:37
      Beitrag Nr. 120 ()
      Alderon hats zuletzt ziemlich nach oben getrieben. Ist das nur ein Rebound oder glaubt der Markt an Kami? Zumindest musste die Marketcap wohl wieder über den Cash von 136 Mio, CAD steigen und ist aber nun schon bei 192 Mio. CAD. Bis zum EK (ohne Hebeis Minderheitsanteil) von 195,7 Mio. ist nur noch ein kurzes Stück.

      Kommt der 2. Partner und wie finanzieren sie die 1,3 Mrd. USD für Kamis Konstruktion? Es sieht nicht schlecht aus. Zur Wirtschaftlichkeit des Projekts hier nochmal Daten aus der FS-Studie:

      NPV (8%):               3,2 Mrd. USD
      IRR: 29,3%
      Capex: 1,3 Mrd.
      Opex: 42,17 / t (an Sept-Iles)
      Preisbasis 62% Fe: 115 (J. 1-5, 110 später)
      M&I: 1,1 Mrd. t
      Reserves: 0,67 Mrd. t
      Prod.: 8 Mio. t/p.a.
      Prod.-Beginn: Q1/2016


      Ich bin hier wider besseren Wissens eingestiegen, obwohl Cliffs lächerliche Wabush-Mine und deren erfolgloses Bloom Lake um die Ecke liegen. Bisher hat mich der Kursverlauf belohnt.

      Aber ob ich lange dabei bleibe? Bzgl. der Opex habe ich mir mal Consolidated Thompsons FS-Studie für Bloom Lake aus 2009 herausgesucht. Da meinte man tatsächlich 25 USD/t zu schaffen. Heute liegt die Opex so um die 90 USD/t. Alderon darf es gern besser machen.
      1 Antwort
      Avatar
      schrieb am 25.08.13 00:00:32
      Beitrag Nr. 121 ()
      Antwort auf Beitrag Nr.: 45.318.533 von startvestor am 24.08.13 22:56:37Habs ja leider verpasst, würde aber eh schon Gewinne mitnehmen, kommt auf den Anlagehorizont drauf an...
      Avatar
      schrieb am 23.10.13 20:58:28
      Beitrag Nr. 122 ()
      Alderon Places Orders for New Autogenous +Ball Mills, for the Kami Project - Aug 15, 2013
      www.alderonironore.com/_resources/news/2013-08-15-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 15, 2013) - Alderon Iron Ore Corp. (ADV.TO) (NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that it has placed orders for the autogenous (AG) and ball mills for its Kami Project located in Canada's premier iron ore district that is surrounded by four producing iron ore mines. The AG-mill and ball mill are the key processing equipment in the proposed concentrator as described in its independent technical reports. The placement of this order is part of Alderon's strategy to source the long-lead mining and processing equipment in sufficient time to begin production by the end of 2015.

      An order has been placed with Metso Minerals Canada for the supply of AG-milling and ball milling systems, which are due for delivery in Q4 2014, in line with the projected plant commissioning and start-up in Q4 2015. The AG mill, which is 36 ft. in diameter and 23 ft. long, the largest diameter commonly used in pinion driven systems, has a 15 megawatt (MW) power rating. The ball mill is 22 ft. in diameter and 41 ft. long having a 10 MW rating.

      The other key processing equipment that will be ordered in time includes the crusher, apron feeders, pumps, as well as screens. The procurement schedule for long-lead items is being managed by the Engineering, Procurement and Construction Management (EPCM) firm, WorleyParsons which continues to advance the detailed engineering for the Kami Project with significant progress to date.

      "We continue to make significant progress on the development and construction of the Kami Project. The ordering of the AG-mill and ball mill is another critical step in ensuring the timely and successful development of the Kami Project. The placing of the order for the two mills is an exciting step for Alderon as these mills are the cornerstones of our new process plant," said Tayfun Eldem, President and CEO of Alderon. "This next step in the construction planning process further validates and meaningfully de-risks the Kami project and serves as another major milestone on our way to a successful, high quality iron ore operation ."


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co. Ltd. ("HBIS"), is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.

      Brian Penney, P. Eng., the Chief Operating Officer for Alderon and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonironore.com. "
      Avatar
      schrieb am 23.10.13 21:09:11
      Beitrag Nr. 123 ()
      also keine Ahnung, aber sollte Ihnen die Schuldenaufnahme in dieser Größenordnung von $1.000.000.000 wirklich gelingen, dann dürfte der Equity Anteil, höchstens, noch "relativ marginal" ausfallen:

      Alderon Announces Signing of Project Financing Engagement Letter - Sep 12, 2013
      www.alderonironore.com/_resources/news/2013-09-12-NewsReleas…

      "VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 12, 2013) - Alderon Iron Ore Corp. (ADV.TO) (NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to announce that it has signed an engagement letter (the "BNP Paribas Engagement Letter") under which it has given BNP Paribas an exclusive mandate to act as lead arranger of up to a US$1 billion senior debt financing facility (the "Senior Debt Facility") to complete the construction and start-up of the Kami Iron Ore Project (the "Kami Project"), located in the Labrador Trough. The BNP Paribas Engagement Letter sets forth the required steps, including agreement on final terms and conditions and requisite documentation for the Senior Debt Facility, completion of due diligence, and procurement of credit approvals, among other things. The BNP Paribas Engagement letter does not constitute a commitment to provide financing.

      Alderon is pursuing a financing strategy for the Kami Project based on a combination of the Senior Debt Facility, other debt options, equipment financing, equity and off-take partner contributions. In order to provide flexibility and maximize its financing options, Alderon intends to pursue the Senior Debt Facility and its other debt options in parallel,
      and is targeting a total debt financing amount of US$1 billion. Alderon will in particular be evaluating an offering of senior secured notes in the capital markets to ensure that it obtains the total US$1 billion target.


      "The signing of the engagement letter represents a significant step forward towards obtaining project financing for the construction of the Kami Project," said Mark Morabito, Alderon's Executive Chairman. "We expect our financing strategy to provide maximum flexibility for Alderon to achieve its US$1 billion debt financing target and to obtain all of the required capital to develop the Kami Project. Alderon also expects that a portion of the debt financing will be provided by Chinese banks given Hebei Iron & Steel Group's involvement in the Kami Project and the strong relationship that Hebei has with many Chinese banks."

      "We are pleased to be working with the BNP Paribas team to bring the Kami Project into production. The combination of the proven financial capability of BNP Paribas, coupled with the high quality project team currently at work on the Kami Project gives us great confidence that this project will be developed in an environmentally and socially responsible manner to the benefit of our shareholders, employees and local stakeholders" said Tayfun Eldem, President and CEO of Alderon. "We believe the high quality, large scale and favorable proximity to infrastructure in the Labrador Trough combined with 60% of the production presold to Hebei for the next 15 years, make it an attractive candidate for financing from the international banking community. This step illustrates that progress for finalizing our financing is keeping pace with the Kami Project environmental assessment process, which we expect to be nearing completion in the coming months."

      This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of the Company in the United States or any other jurisdiction. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any other jurisdiction and may only be offered and sold in the United States pursuant to an exemption from the registration requirements of the U.S. Securities Act. In addition, the securities of the Company may only be offered and sold in Canada pursuant to an exemption from the prospectus requirements of Canadian securities laws.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Toronto, Montreal, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co., Ltd. ("HBIS"), is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 23.10.13 21:17:27
      Beitrag Nr. 124 ()
      Alderon enters final stage of Environmental Assessment Process, Prepares to order more Long Lead Items - Oct 23, 2013
      www.alderonironore.com/_resources/news/ADVNR20131023.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 23, 2013) - Alderon Iron Ore Corp. (ADV.TO)(NYSE MKT:AXX) ("Alderon" or the "Company") is pleased to provide an update on the Environmental Assessment process for the Kami Iron Ore Project ("Kami Project") and the placement of orders for the next round of long lead items planned for November of this year.


      Environmental Assessment

      The environmental assessment process is a dual Federal and Provincial undertaking. The Department of Environment and Conservation of the Government of Newfoundland & Labrador issued a final Ministerial decision on the Environmental Impact Statement for the Kami Project on September 30, 2013. The Environment and Conservation Minister has determined that no further work is required under the Provincial environmental assessment process. The Minister will now make a recommendation to the Provincial Government Cabinet (Lieutenant Governor in Council) for consideration.

      The Federal government environmental assessment process has advanced to the final stages. Under the terms of the Federal Project Agreement timelines for the Kami Project,
      the Federal government will release the Federal Comprehensive Study Report for a thirty day public review period prior to the end of October.
      The Federal Minister of the Environment is required to post the final Federal environmental assessment decision for the Kami Project no later than 12 weeks from the end of the thirty day review period.

      "While it awaits the release of the Kami Project from the Provincial and Federal environmental assessment process, Alderon has been advancing its project financing efforts, detailed engineering, procurement of long-lead items and infrastructure agreements for rail and power," said Tayfun Eldem, President and CEO of Alderon. "As these significant milestones in the development of the Kami Project materialize, they will further strengthen our potential to finance the remainder of the capital for the development of the Kami Project through global financial markets."


      Long Lead Items

      Alderon has received bids from various suppliers for the primary crusher station for the Kami Project. The primary crusher station is the initial phase of the processing equipment in the proposed flow sheet as described in its independent technical reports.

      Bids have also been received for the Pointe-Noire Terminal Ore car dumper and the stacker/reclaimer. The placement of those orders is part of Alderon's strategy to source the long-lead mining, processing and materials handling equipment in sufficient time to begin production by the end of 2015.

      The other key processing equipment that will be ordered in the next few months includes pan and drum filters, thickener, apron feeders, pumps, spirals, magnetic separators as well as screens. The procurement schedule for long-lead items is being managed by the Engineering, Procurement and Construction Management (EPCM) firm, WorleyParsons.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Vancouver, Montreal, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co. Ltd. ("HBIS"), is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.

      Brian Penney, P. Eng., the Chief Operating Officer for Alderon and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information contained in this news release.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 23.10.13 22:14:56
      Beitrag Nr. 125 ()
      Avatar
      schrieb am 24.10.13 06:36:34
      Beitrag Nr. 126 ()
      Credit Suisse skeptisch:

      Alderon Iron Ore Corporation - CS - Oct 22, 2013
      https://app.box.com/s/828v70t0w9rpu6lpacw7
      7 Antworten
      Avatar
      schrieb am 26.10.13 10:22:56
      Beitrag Nr. 127 ()
      Antwort auf Beitrag Nr.: 45.684.223 von Popeye82 am 24.10.13 06:36:34Ziemlich erschreckend, die eigenen Befürchtungen so schwarz auf weiß von der Credit Suisse bestätigt zu sehen. Der Vorschlag eines Mergers mit Cliff löst die Probleme aber auch nicht.

      Cliff hat zur Zeit in Bloom Lake 92 USD/t an Cashkosten. Es ist leider schwer zu glauben, dass Kami unter 50 USD/t kommt.
      6 Antworten
      Avatar
      schrieb am 27.10.13 19:39:02
      Beitrag Nr. 128 ()
      Antwort auf Beitrag Nr.: 45.700.079 von startvestor am 26.10.13 10:22:56
      Das mag gut sein, und vermutlich werden sie auch über die 50$ kommen.


      Mein Gedanke ist dabei aber erstmal ein bisschen anderer: Wenn sie wirklich so einen riesen Anteil, wie beabsichtigt, an Kreditfinanzierung zusammenbekommen, dann halte ich es für recht wahrscheitlich dass das dann erstmal (vorerst)egal ist. Die Chancen nicht schlecht stehen dürften dass der Kurs trotzdem "ordentlich Beine bekommt". Man weiss es, bis dahin, ja eh noch nicht wie die Kosten schlussendlich ausfallen werden. Was ich sagen will: Ich könnte mir ein Szenario vorstellen -halte es eigentlich sogar für wahrscheinlich- wo der Kurs, dann, ordentlich hochläuft die Förderkosten später aber trotzdem nicht so gut -eventuell (im Vergleich zu den Vorgaben)schlecht ausfallen.

      Der 'Markt' spielt nicht nur immer unbedingt in eine Richtung Spielchen, und teiweise von der Logik auch extrem widersprüchlich. Bekommen sie diese Summe zugesagt, behalte ich es mir vor in Alderon/Altius einzusteigen. Also sollte das durch sei, ist eine Spekulation -mit selbst für verschmerzbar gehaltenem Stop- meiner Meinung nach interessant.

      Gruß
      P.
      5 Antworten
      Avatar
      schrieb am 28.10.13 19:18:42
      Beitrag Nr. 129 ()
      Antwort auf Beitrag Nr.: 45.703.715 von Popeye82 am 27.10.13 19:39:02Genau darauf setze ich auch. :D

      Dummerweise habe ich kürzlich Gewinne mitgenommen und nur eine kleine Position. Nachkaufen will ich aber nach dem rasanten Anstieg momentan nicht.
      4 Antworten
      Avatar
      schrieb am 29.10.13 07:20:03
      Beitrag Nr. 130 ()
      Antwort auf Beitrag Nr.: 45.709.947 von startvestor am 28.10.13 19:18:42
      2 Doofe, ein Gedanke. ;)


      Hast Du eine besondere Strategie/Unternehmenskriterien auf die Du in diesen Zeiten setzt? Vooollkommen egal was, kann auch total rohstoffungebunden sein oder ähnliches.

      Mir geddas zum Beispiel irgendwo so dass ich weniger und weniger davon ausgehe das die Wirtschaft/Unternehmen (noch)wirklich 'Mehrwert' schaffen(können), und 1$ Wachstum für 2 erkaufen ist wohl angeblich nicht gut. Weswegen ich eigentlich seit längerem schon hin- und hergrübel nicht vielleicht (mindestens zu einem ordentlichen Teil)auf eine Shortstrategie umzuschwenken. Eine Grundthese dabei: Überbewertete Unternehmen/Sachen müssten schätz ich eigentlich wesentlich leichter zu finden sein, als unterbewertete. Und man kann so Sachen wie den Faktor 'Vertrauen ins Management' mal (endlich)so riiichtig schön pragmatisch umsetzen. :eek: :D

      Gruß
      P.
      1 Antwort
      Avatar
      schrieb am 29.10.13 18:41:51
      Beitrag Nr. 131 ()
      Antwort auf Beitrag Nr.: 45.711.937 von Popeye82 am 29.10.13 07:20:03Ich habe einen Berg unterbewerteter chinesischer Aktien. Dazu kommen viele Goldaktien, die ich besser nicht mehr hätte, zu viel "gehofft". Die Eisenerzaktien stehen bis auf Cliff relativ gut da.

      Meine Shorts (Sky, Salesforce.com, Pandora) sehen sehr schlecht aus, da die Blase sich weiter aufbläht.
      Avatar
      schrieb am 30.10.13 13:25:03
      Beitrag Nr. 132 ()
      Zitat von startvestor: Meine Shorts (Sky, Salesforce.com, Pandora) sehen sehr schlecht aus, da die Blase sich weiter aufbläht.


      Das ist mir schon bewusst das es so laufen kannn dass es (länger)gegen einen läuft, obwohl man "an sich" vielleichtt vollkomen richtig liegt. Habe mit Derivanten keine Erfahrung -das ist dann schon problematisch durchzuhalten/gegen den Zeitwert zu arbeiten u.ä.?
      Wäre dann auch einer der zentralen Punkte um die ich mir dann einen Kopf machen würde.

      Gruß
      P.
      1 Antwort
      Avatar
      schrieb am 30.10.13 20:32:31
      Beitrag Nr. 133 ()
      Antwort auf Beitrag Nr.: 45.723.109 von Popeye82 am 30.10.13 13:25:03Ich habe CFDs zum Shorten gewählt. Kann sein, dass langlaufende Optionsscheine hier cleverer gewesen wären, aber so groß dürfte das Angebot bei meinen 3 Kandidaten wohl nicht sein. Knock-Out-Produkte würden keinen Sinn machen.
      Avatar
      schrieb am 08.11.13 21:55:14
      Beitrag Nr. 134 ()
      Eben wurde der Bericht für Q3/2013 veröffentlicht. Ich habe ihn nur kurz überflogen. Letztenendes wurde 23 Mio. CAD Cash verbraucht. Der gesamte Cash beträgt noch ca. die Hälfte der Marketcap. Da die Börse gleich schließt, habe ich meine kleine Position erstmal geschlossen.

      Vieleicht steige ich später wieder ein. Entweder zu tieferen Kursen oder wenn die Finanzierung von Kami geklärt ist.
      Avatar
      schrieb am 19.02.14 13:00:20
      Beitrag Nr. 135 ()
      Alderon Iron Ore Corp.: Kami Project Receives Positive Environmental Assessment Decision from Federal Minister of Environment and Changes to the Board Take Effect



      VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 19, 2014) - Alderon Iron Ore Corp. (ADV.TO)(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.

      On February 18, 2014 the Federal Minister of Environment posted the Notice of the Environmental Assessment Decision Statement. The Decision Statement sets out the Minister's conclusion that the Kami Project is "not likely to cause significant adverse environmental effects". As a result of this determination, the Kami Project may now proceed subject to the terms and conditions included in any federal permits or authorizations.

      On January 10, 2014 the Cabinet of Newfoundland and Labrador determined that the Kami Project met the requirements of Part X of the Newfoundland and Labrador Environmental Protection Act and was released from the Provincial EA Process. Combined with the favourable decision by the Federal Minister of Environment, Alderon is now in a position to move ahead with plans to commence construction. Alderon would like to thank all stakeholders for participating in this extensive undertaking.

      "The positive decision of the Federal Minister of Environment marks another enormous milestone for Alderon as we move forward with the development of the Kami Project," says Tayfun Eldem, President and CEO of Alderon. "We now have the green light from both the Provincial Cabinet and the Federal Minister and can move forward with our construction plans."

      Board Resignation

      Alderon also announces that Mr. Danny Williams has resigned from the Board of Directors of Alderon but will remain as a consultant to the Company in the role of special advisor to the Company. Mr. Williams has served the Alderon Board with distinction since March of 2012 and the entire Board thanks Mr. Williams for his contributions during this period of formative growth for Alderon, as it completed Environmental Assessment and solidified agreements on power, port, offtake and other key files. Mr. Williams was an influential Board member and his advice and active participation were instrumental in Alderon's achievement of numerous milestones over the last two years. Alderon looks forward to Mr. Williams' continued involvement with the Company.

      http://finance.yahoo.com/news/alderon-iron-ore-corp-kami-113…
      Avatar
      schrieb am 27.03.14 12:10:00
      Beitrag Nr. 136 ()
      Alderon Signs Agreement with the Town of Wabush and Receives Permission for Mineral Extraction

      VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 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 Grant-in-lieu of Municipal Taxes Agreement (the "Agreement") with the Town of Wabush ("Wabush") with respect to the development of the Kami Iron Ore Project ("Kami Project") located in western Labrador.

      "This Agreement is the result of our continuous positive working relationship with the local communities and marks the final municipal agreement required for our Kami Project," says Tayfun Eldem, President & CEO of Alderon. "This Agreement will aid Wabush to continue providing the services that residents, businesses and future Kami Project employees rely on. We are very pleased at the support we have received from Wabush."

      "We are confident that the Agreement now in place with the Kami Project will only brighten the future of both the community and industry," says Wabush Mayor Colin Vardy. "The Kami Project will ultimately fill the void from the idling of Wabush Mines."

      Under the terms of the Agreement, the Kami LP will pay to Wabush an annual grant-in-lieu of municipal taxes on the Kami Project mining operations that will be located within the boundary of the Town of Wabush and its Municipal Planning Area. Kami LP will also provide a capital projects disbursement to the Town, with the funds going towards required infrastructure needs. Payments under the Agreement will commence after initial production occurs at the Kami Project. As long as Kami LP makes the payments required under the Agreement, the Town will not seek to charge or assess Kami LP for any municipal taxes in relation to the Kami Project or the business carried on by the Kami LP on the Kami Project.

      Alderon is also pleased to announce that the Labrador City and Wabush municipal plan amendments to rezone lands within the Kami Project area are now in force. The footprint of the Kami Project's future operations in Labrador is located entirely within the Municipal Planning Areas of the Town of Labrador City and the Town of Wabush. The Towns published these amendments in the March 14, 2014 edition of the Newfoundland and Labrador Gazette following their registration by the Provincial Department of Municipal Affairs. These amendments were necessary to permit mineral extraction and mineral workings within the Project area.

      In addition, Alderon is pleased to confirm that following the release of the Kami Project from the Federal and Provincial Environmental Assessment Process, it has received the federal Navigable Waters Protection Act Approval pursuant to subsections 5(1) and (3) of the Navigable Waters Protection Act and the federal Fisheries Act Authorization pursuant to Sections 35(2)(b) of the Fisheries Act. Alderon has now satisfied its obligation to Hebei Iron & Steel Group to receive the environmental assessment and related approvals for the Kami Project prior to March 31, 2014.
      http://www.minenportal.de/artikel.php?sid=105090&lang=en#Ald…
      Avatar
      schrieb am 20.05.14 18:29:05
      Beitrag Nr. 137 ()
      Jetzt einsteigen oder abwarten?
      2 Antworten
      Avatar
      schrieb am 20.05.14 21:12:22
      Beitrag Nr. 138 ()
      Antwort auf Beitrag Nr.: 47.015.874 von ooy am 20.05.14 18:29:05Ich denke jetzt gehts bis 1 CAD runter, der aktuelle Eisenerpreis dürfte allen den Mut nehmen. Bin aber bilanztechnisch nicht up to date bei Alderon.
      1 Antwort
      Avatar
      schrieb am 21.05.14 05:20:56
      Beitrag Nr. 139 ()
      Antwort auf Beitrag Nr.: 47.016.856 von startvestor am 20.05.14 21:12:22Hat sich aber schwer erholt gestern...
      Avatar
      schrieb am 28.05.14 18:47:06
      Beitrag Nr. 140 ()
      von Genehmigungsseite ist jetzt quasi alles fertig.
      Ich habe die Aktie nicht.

      Massive Canadian iron ore mine gets 'final go ahead'
      www.mining.com/massive-canadian-iron-ore-mine-gets-final-go-…
      Avatar
      schrieb am 30.05.14 21:46:12
      Beitrag Nr. 141 ()
      Alderon Appoints Former BHP Billiton Iron Ore President, +Former President & CEO of Shell Canada to the Board of Directors
      www.alderonironore.com/_resources/news/ADVNR20140529.pdf
      Avatar
      schrieb am 09.06.14 21:35:28
      Beitrag Nr. 142 ()
      Hier mal was erfreuliches sieht so aus als ob die Region fest an die Zukunft von Eisenerz glaubt.

      http://www.ad-hoc-news.de/champion-iron-limited-provinzregie…
      1 Antwort
      Avatar
      schrieb am 10.06.14 02:47:44
      Beitrag Nr. 143 ()
      Antwort auf Beitrag Nr.: 47.127.554 von freddy1989 am 09.06.14 21:35:28
      Hallo Freddy,

      "Grundsätzlich erfreulich zu hören" würde ich sagen.
      Was ich nuuur anfügen möchte ist dass die Region ja auch davon(Erschliessung Labrador Trough) abhängig ist, beziehungsweise, zumindest, im positiven Falle davon stark profitieren würde.
      Ich würde es nur nicht zuuu positiv sehen, da das ja quasi ein Schritt ist.
      Dem noch viele folgen "müssten".
      Soweit ich mich, zum Beispiel, erinnere waren ja in der Vergangenheit mehrere Beteiligte aus der "Transport/Infrastruktur Gruppe" ausgetreten.
      Richtig positiv aus der Meldung scheint mir aber auf jeden Fall "Untersuchung schließt die Interessen aller potentiellen Nutzer ein".
      Die Wichtigkeit des Vorhaben ist wiederum sicher auch aus Formulierungen wie diesen "In Zeiten der Unsicherheit auf den Investitionsmärkten bezüglich der Prognosen für den Eisenerzbergbau wird diese Entscheidung als entscheidender Punkt in die Bergbaugeschichte von Quebec eingehen" herauszuhören, wobei ich in solchen Zusammenhängen mit Formulierungen der Feststellung (ist, wird...) gaaanz vorsichtig bin.

      Gruß
      P.
      Avatar
      schrieb am 11.06.14 12:56:04
      Beitrag Nr. 144 ()
      Alderon Signs Life Cycle Services Agreement with Metso

      VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 11, 2014) - Alderon Iron Ore Corp. (ADV.TO) (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") located in western Labrador.

      Metso is a leading provider of equipment and services for the mining industry and are currently the supplier of the Kami Project's most significant equipment including the AG Mill, Ball Mill, Car Dumper and the Primary Gyratory Crusher. The Company has now also selected Metso to provide ongoing maintenance services with respect to all the equipment in the processing area.

      "We have chosen Metso to improve overall equipment reliability, to enable a rapid ramp-up to nameplate capacity and to secure the aggressive maintenance cost targets from our feasibility study," says Tayfun Eldem, Alderon President and CEO. "This Agreement presents a platform for achieving this goal and at the same time reduces capital outlay."

      The Agreement applies to all mechanical maintenance in the processing area and not just the equipment supplied by Metso. Metso will also provide planning, supervision, labour, hand tools and consumables to perform the preventative maintenance, normal course and peak mechanical maintenance, wear part replacements, parts management and other identified maintenance services for the equipment.
      http://finance.yahoo.com/news/alderon-signs-life-cycle-servi…
      Avatar
      schrieb am 30.06.14 14:35:31
      Beitrag Nr. 145 ()
      Alderon Completes Required Engineering to Commence Construction

      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 to the completion of the Company's financing plan and project sanction by the Board of Directors of Alderon.

      In light of the required pre-construction engineering being complete, Alderon has temporarily suspended any further work by its Engineering, Procurement and Construction Management ("EPCM") contractor, WorleyParsons Canada Services Ltd. ("WorleyParsons"). The internal Kami LP project team will take over management of all works in progress and continue advancing the Kami Project in preparation for the start of construction once the Company's financing plan is completed. The Company continues to advance all of the elements of its financing plan, including debt, equity and additional off-take arrangements.

      "While all our requisite pre-construction engineering work, permits and agreements are now completed in preparation for the start of construction, we continue to work on finalizing our financing plan," says Tayfun Eldem, Alderon President and CEO. "We would like to thank WorleyParsons for their excellent work in seeing us to this point in the development of our Kami Project. We have the in-house experience and expertise to continue with the next steps, but expect WorleyParsons to resume its role as the EPCM contractor for the Kami Project once a decision to commence construction is reached."
      http://www.minenportal.de/artikel.php?sid=112418&lang=en#Ald…
      Avatar
      schrieb am 29.07.14 18:46:20
      Beitrag Nr. 146 ()
      Alderon Announces Off-Take Transaction, With Glencore - Jul 29, 2014
      www.alderonironore.com/_resources/news/ADVNR20140729.pdf

      "VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 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 acquire all of actual annual production from the Kami Project that has not been allocated to Hebei Iron & Steel Group Co., Ltd.

      Under the terms of the Off-Take Agreement, Glencore will be obligated to purchase, upon the commencement of commercial production, 40% of the actual annual production from the Kami Project up to a maximum of 3.2 million tonnes of the first 8.0 million tonnes of iron ore concentrate produced annually at the Kami Project. The term of the Off-Take Agreement will continue until Kami LP has delivered 48.0 million tonnes of iron ore concentrate to Glencore, which is expected to be 15 years after the commencement of commercial production.

      "We are extremely pleased to have entered into the Off-Take Agreement with Glencore," says Mark J. Morabito, Alderon's Executive Chairman. "Glencore is one of the world's largest natural resource trading companies and in Alderon's view, this commitment demonstrates the quality of the Kami Project and its management team."

      "With 100% of the initial production from the Kami Project now committed, we believe this enhances Alderon's ability to obtain the requisite financing required to commence construction of the Kami Project," says Tayfun Eldem, Alderon's President & CEO. "The offtake arrangement with Glencore gives Kami concentrates global exposure and the multi-year agreement serves as another significant de- risking milestone for the Kami Project."

      The market price paid by Glencore will be based on the monthly average price for iron ore sinter feed fines quoted by Platts Iron Ore Index for 62% iron content (plus additional quoted premium for iron content greater than 62%), less a discount equal to 2% of such quoted price.


      About Glencore

      Glencore is one of the world's largest global diversified natural resource companies and is one of the biggest companies within the FTSE 100 Index. Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Its diversified operations comprise of over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities.

      The Metals and Minerals division is focused on iron ore, copper, nickel, zinc/lead, alloys, and alumina/aluminum, with interests in both controlled and non-controlled industrial assets that include mining, smelting, refining and warehousing operations.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Montreal, Vancouver, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co. Ltd. ("HBIS") through The Kami Mine Limited Partnership, is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. Its port handling facilities are located in Sept-Îles, the leading iron ore port in North America. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.

      For more information on Alderon, please visit our website at www.alderonironore.com.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      Avatar
      schrieb am 31.07.14 16:51:16
      Beitrag Nr. 147 ()
      Alderon Iron Ore Corp. schließt Abnahmevertrag mit Glencore plc

      Alderon Iron Ore Corporation teilte kürzlich mit, dass das Unternehmen bezüglich seiner Kami-Mine eine Abnahmevereinbarung mit einem Tochterunternehmen Glencores getroffen hat. Gemäß diesem Vertrag verpflichtet sich Glencore, mit Beginn der kommerziellen Produktion 40% der gesamten Jahresproduktion des Kami-Projektes zu erwerben.

      Die Vereinbarung bleibt bestehen, bis Glencore 48,0 Mio. Tonnen Eisenerzkonzentrat von Kami erhalten hat. Auf der Grundlage einer erwarteten Jahresproduktion von 8,0 Mio. Tonnen rechnet man derzeit mit einer Laufzeit von etwa 15 Jahren nach Beginn der kommerziellen Produktion.

      Der Preis wird anhand des monatlichen Durchschnittspreises des Platts Iron Ore Index für Erz mit einem 62%igen Eisengehalt festgelegt (zuzüglich eines eventuellen Aufgeldes bei einem höheren Eisengehalt). Glencore wird dabei ein Nachlass von 2% gewährt.

      Alderon ist zu 75% am Kami-Projekt beteiligt. Die übrigen 25% entfallen auf Hebei Iron & Steel Group Co. Limited.

      http://www.minenportal.de/artikel.php?sid=28298#Alderon-Iron…
      Avatar
      schrieb am 23.08.14 09:07:26
      Beitrag Nr. 148 ()
      Antwort auf Beitrag Nr.: 45.709.947 von startvestor am 28.10.13 19:18:42
      Zitat von Popeye82: also keine Ahnung, aber sollte Ihnen die Schuldenaufnahme in dieser Größenordnung von $1.000.000.000 wirklich gelingen, dann dürfte der Equity Anteil, höchstens, noch "relativ marginal" ausfallen


      Zitat von Popeye82: Mein Gedanke ist dabei aber erstmal ein bisschen anderer: Wenn sie wirklich so einen riesen Anteil, wie beabsichtigt, an Kreditfinanzierung zusammenbekommen, dann halte ich es für recht wahrscheitlich dass das dann erstmal (vorerst)egal ist. Die Chancen nicht schlecht stehen dürften dass der Kurs trotzdem "ordentlich Beine bekommt". Man weiss es, bis dahin, ja eh noch nicht wie die Kosten schlussendlich ausfallen werden. Was ich sagen will: Ich könnte mir ein Szenario vorstellen -halte es eigentlich sogar für wahrscheinlich- wo der Kurs, dann, ordentlich hochläuft die Förderkosten später aber trotzdem nicht so gut -eventuell (im Vergleich zu den Vorgaben)schlecht ausfallen.


      Zitat von startvestor: Genau darauf setze ich auch. :D




      das könnte jetzt vielleicht schwierig werden.
      Muss man sehen.

      Alderon Provides Project Financing Update - Aug 20, 2014
      www.alderonironore.com/_resources/news/ADVNR20140820.pdf

      "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 appointed Endeavour Financial Limited (Cayman) ("Endeavour Financial") to act as its financial advisor with respect to the project financing process and intends to form a club syndicate of international banks to provide the senior debt financing facility. The process with BNP identified a number of domestic and international banks, including Chinese banks, that provided letters confirming their interest in participating in the senior debt financing facility. The termination of BNP's engagement will allow the Company to move forward in forming this club syndicate of banks, with the assistance of Endeavour Financial.

      Substantial progress has been made with respect to the structuring of the senior debt financing facility and the required due diligence. In particular the following external consultants and advisors were engaged as part of the process and each has completed a due diligence report that has been provided to the prospective lenders:

      - Independent Engineer: RungePincockMinarco
      - Environmental and Social Consultant: AECOM
      - Market Consultant: CRU
      - Lender's Insurance Advisor: Willis Canada Inc.
      - Lender's Legal Counsel: Shearman & Sterling LLP and Blake, Cassels & Graydon LLP


      These external consultants and advisors are expected to remain engaged as part of the continuing debt financing process and their reports will be available to any lenders that become involved in the debt financing process.

      "We have made significant progress working with BNP Paribas on the debt financing process and in our view the due diligence reports that have been completed demonstrate the quality of the Kami Project," says Mark J. Morabito, Alderon's Executive Chairman. "We have decided that the best path forward for the debt financing process would be to focus on a club syndicate transaction. We have informed BNP of this decision and they have agreed to terminate the BNP engagement. The team from Endeavour Financial has an excellent track record in assisting companies in completing debt financings and with the significant amount of work that has already been accomplished, I am confident that we will deliver on our financing plan."

      This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of the Company in the United States or any other jurisdiction. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any other jurisdiction and may only be offered and sold in the United States pursuant to an exemption from the registration requirements of the U.S. Securities Act. In addition, the securities of the Company may only be offered and sold in Canada pursuant to an exemption from the prospectus requirements of Canadian securities laws.


      About Endeavour Financial

      Endeavour Financial is a private independent merchant banking company focused on providing expert and unbiased financial advisory services to the global natural resources sector. The business has a history of achieving success for clients based on resource industry focus, innovative transaction skills and the diverse professional backgrounds of an award-winning team. Offering advice in project, corporate and debt capital markets; equity-linked financings; mergers and acquisitions; and strategic business development over more than two decades, Endeavour Financial has established itself as a leading financial advisor in the natural resources sector. Specific to the mining sector, in the last ten years the firm has closed in excess of US$ 4 billion of development financings for single-asset emerging producers.


      About Alderon

      Alderon is a leading iron ore development company in Canada with offices in Montreal, Vancouver, St. John's and Labrador City. The Kami Project, owned 75% by Alderon and 25% by Hebei Iron & Steel Group Co. Ltd. ("HBIS") through The Kami Mine Limited Partnership, is located within Canada's premier iron ore district and is surrounded by four producing iron ore mines. Its port handling facilities are located in Sept-Îles, the leading iron ore port in North America. The Alderon team is comprised of skilled professionals with significant iron ore expertise to advance Kami towards production. HBIS is Alderon's strategic partner in the development of the Kami Project and China's largest steel producer.

      ALDERON IRON ORE CORP.

      On behalf of the Board

      Mark J Morabito, Executive Chairman "
      1 Antwort
      Avatar
      schrieb am 23.08.14 10:58:26
      Beitrag Nr. 149 ()
      Antwort auf Beitrag Nr.: 47.590.819 von Popeye82 am 23.08.14 09:07:26Ich bin ja schon länger hier raus. Welche Banken wollen beim Eisenerzpreis von 90 USD/t dieses Projekt finanzieren? Bloom Lake um die Ecke ist ein mahnendes Beispiel, was alles schief gehen kann. Der riesige Nachteil Kanadas bzgl. der Transportkosten wird sich erst ändern, wenn die Nordwest-Passage für die Transporte aufgemacht wird - aber das wird wohl noch dauern.

      http://www.wetter24.de/wetter-news/news/ch/0f8aa5fc8f7695d0f…
      Avatar
      schrieb am 12.09.14 10:49:01
      Beitrag Nr. 150 ()
      Tja es sieht so aus das ein gutes Deposit mal wieder an der Infrastruktur scheitern würde.. Da geht es wohl erst wieder aufwärts wenn der Eisenerzpreis stark ansteigt.
      Avatar
      schrieb am 02.10.14 19:34:19
      Beitrag Nr. 151 ()
      Alderon: Update on New Transmission Line




      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 will supply power to the Kami Iron Ore Project ("Kami Project") as well as other end users in the Labrador West area. The construction timetables for the New Transmission Line and the Kami Project have been aligned and as such the remaining portion of the Transmission Line project will be executed upon completion of Alderon's financing plan.

      The construction of the New Transmission Line was confirmed in February 2014 (refer to Alderon News Release dated February 13, 2014 for more information) in order to meet the power demands for new mining developments and improve reliability for all customers in the region. As an end user of the New Transmission Line, The Kami Mine Limited Partnership, an affiliate of Alderon, provided a security for its commitment to begin purchasing electrical power under the terms and conditions of the Power Purchase Agreement it signed with Hydro (refer to Alderon News Release dated February 25, 2014 for more information). Alderon provided an initial security deposit in the amount of $21.0 million to Hydro and all project costs incurred to date are covered by this security deposit. Construction will proceed once additional financing is secured.

      "Work on the New Transmission Line is ready to resume as soon as our financing plan is complete," says Tayfun Eldem, President and CEO of Alderon. "The New Transmission Line is a key piece of our infrastructure requirement and an enormous enabler for natural resource development in western Labrador and we are pleased that Hydro is ready to proceed as soon as we are."
      Avatar
      schrieb am 02.10.14 19:36:13
      Beitrag Nr. 152 ()
      Eisernerz ist ja noch weniger "sexy" als Gold und Silber derzeit.
      Wenn es weiter runter geht werde ich mal einsteigen bei Alderon. Das Deposit an sich ist ja sehr gut.
      2 Antworten
      Avatar
      schrieb am 03.10.14 07:11:30
      Beitrag Nr. 153 ()
      Antwort auf Beitrag Nr.: 47.935.696 von Szween am 02.10.14 19:36:13Ich habe heute auch gekauft...
      1 Antwort
      Avatar
      schrieb am 03.10.14 10:44:11
      Beitrag Nr. 154 ()
      Antwort auf Beitrag Nr.: 47.937.724 von ooy am 03.10.14 07:11:30Hatte das letzte Woche auch überlegt. Aber sie haben mir in den letzten Quartalen zu viel Cash verbrannt, sind keine Cashperle mehr. Es kann also schnell zu Ende sein.
      Avatar
      schrieb am 17.11.14 16:43:46
      Beitrag Nr. 155 ()
      Hat Jemand Was zu sagen zu dem brutalen Einbruch? Nur der Eisenerzpreis kann es doch nicht sein, oder?
      2 Antworten
      Avatar
      schrieb am 17.11.14 19:27:46
      Beitrag Nr. 156 ()
      Antwort auf Beitrag Nr.: 48.341.500 von ooy am 17.11.14 16:43:46Marketcap von 50 Mio. CAD, trotz derzeit aussichtslosem Projekt noch oberhalb das Cash. Das Verhältnis war früher mal anders rum.
      1 Antwort
      Avatar
      schrieb am 18.11.14 09:43:33
      Beitrag Nr. 157 ()
      Antwort auf Beitrag Nr.: 48.343.192 von startvestor am 17.11.14 19:27:46Wird hoffentlich irgendwann wieder, Danke fuer die Einschaetzung...
      Avatar
      schrieb am 09.12.14 13:21:13
      Beitrag Nr. 158 ()
      Alderon Implements Cash Preservation Program

      http://www.alderonironore.com/_resources/news/nr_2014_12_09.…
      Avatar
      schrieb am 10.12.14 06:22:36
      Beitrag Nr. 159 ()
      Alderon Implements Cash Preservation Program




      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 construction at the Kami Iron Ore Project. Measures associated with this program include a number of voluntary vendor payment deferrals and relief from debt servicing requirements such as those outlined in the transaction with Liberty Metals & Mining Holdings, LLC ("LMM") described below, and workforce reductions. The Company has kept its core team of executives intact which will allow it to continue to advance the Kami Project construction financing efforts and to commence construction in a rapid and seamless manner once such financing has been obtained.

      "These cost savings measures do not mean we are now on care and maintenance," says Mark Morabito, Executive Chairman of Alderon. "We are working more closely than ever with our partner Hebei Iron and Steel ("HBIS") on increasing Chinese participation in the project in order to increase access to available capital from China. Earlier this year, The China National Development and Reform Commission ("NDRC") said Chinese steelmakers should keep building up stakes in global iron-ore assets in the interests of China's strategic security and "speaking rights," or influence, in global trade. China's ore imports rose 10% in 2013 to a record 819 million metric tons, according to customs data. The NDRC also said that China's iron-ore demand will still rise, its reliance on imports won't change, and the degree of monopoly in global iron-ore resources will still keep increasing." Mr. Morabito adds, "this continuing commitment from our Chinese partners under NDRC mandate gives us confidence that we will be able move the Kami project into construction."

      One of the critical payment deferrals is in regards to the loan agreement (the "Loan Agreement") that Alderon and its affiliate, The Kami Mine Limited Partnership, previously entered into with LMM for an amount of $22 million (the "LMM Loan"). The LMM Loan has interest payable semi-annually on June 30 and December 31 of each year at a rate of 8% per annum. The principal and interest amounts of the LMM Loan are convertible into common shares of Alderon. LMM has agreed to defer the next two interest payments due under the LMM Loan. These payments total $1,795,200 with $880,000 payable on December 31, 2014 and $915,200 payable on June 30, 2015. The deferred interest payments will be added to the principal amount of the LMM Loan and paid at maturity on December 31, 2018.

      As consideration for the deferral of these interest payments, it has been agreed that LMM will receive common share purchase warrants. The number of warrants that will be received by LMM for each interest payment will be calculated by dividing the amount of the interest payment by the volume weighted average trading price of the Alderon common shares on the Toronto Stock Exchange for the five trading days prior to the date of each interest payment, plus a 10% premium (the "Warrant Price"). Each warrant will be exercisable until December 31, 2018 to acquire an Alderon common share at the Warrant Price.
      Avatar
      schrieb am 04.03.15 18:22:11
      Beitrag Nr. 160 ()
      lesezeichen
      Avatar
      schrieb am 04.03.15 18:30:55
      Beitrag Nr. 161 ()
      Auf 0,19 CAD geprügelt worden . WOW
      Avatar
      schrieb am 04.03.15 18:41:43
      Beitrag Nr. 162 ()
      Hard up miners turn to Asian contractors to help fund projects
      Hard up miners turn to Asian contractors to help fund projects

      By Nicole Mordant and Sonali Paul

      VANCOUVER/MELBOURNE Thu Feb 19, 2015 1:07am EST

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      (Reuters) - Miners who can't get financing for new projects from banks or traditional equity investors because metals prices have collapsed are turning to an alternative source: the engineering and construction companies, many from China and South Korea, who actually build their mines.

      Several North American and Australian miners are in talks with engineering, procurement and construction (EPC) companies to take equity stakes or bring along banking partners to provide debt funding in projects in return for the EPC group winning a contract.

      China's NFC and South Korea's POSCO Engineering & Construction Co Ltd are among the companies pursuing these deals as they look to make up for business lost because of slowing infrastructure growth at home.

      "The domestic order books of Chinese construction and equipment companies have been falling for a year, actually quite dramatically," said Ingo Hofmaier, director at Hannam & Partners, a London-based corporate finance advisory firm. "To avoid underutilization and keep the music going, Chinese companies are now aggressively targeting foreign markets."

      Infrastructure investment in China slowed in 2014 as authorities try to re-engineer the growth model by reducing inefficient state spending and encouraging domestic consumption. Investment grew at its slowest pace in nearly 13 years between January and November 2014 at 15.8 percent, according to official figures.

      Canadian construction and engineering company SNC-Lavalin Group Inc. is working with NFC, or China Nonferrous Metal Industry's Foreign Engineering and Construction Co, for a contract to build the Hillside copper project for Rex Minerals in Australia. SNC and NFC are competing against South Korea's Hyundai teamed with AMEC Foster Wheeler for the contract.

      "There's no doubt, financing will be part of that decision," Rex Minerals executive director Steven Olsen told Reuters.

      NFC and Hyundai declined to comment.

      ALTERNATIVE FINANCE

      Alternative forms of mine finance such as royalties, streaming and private equity, have blossomed in the past three years as metals prices fell and traditional banks and equity investors shied away from the sector.

      Funds raised by the mining sector through traditional debt and equity issues slumped 26 percent year-on-year to $88.6 billion in 2014, according to Thomson Reuters data. That’s down 41 percent from 2011 when metal prices peaked.

      "If we want to raise money in these markets we have to look at untraditional means," said Christopher Zahovskis, Chief Executive of Northcliff Resources, a small Canadian-based mine developer that is in early talks with a Chinese EPC funder on its $579 million Sisson tungsten-molybdenum project in eastern Canada.

      Another Canadian mine developer, Alderon Iron Ore Corp, which is struggling to find a strategic investor for its $1.27 billion Kami iron ore project in Canada's Labrador Trough, is talking to Chinese and Korean EPC contractors about taking an equity stake, chairman Mark Morabito said.

      Prices for iron ore for delivery in China have tumbled from $187.18 a metric ton in February 2011 to $67.39 in January, according to the Steel Index. Copper is down about 44 percent from its 2011 peak. Tungsten is down about 36 percent since 2011, and molybdenum has lost about half its value since early 2011.

      Though Asian companies have funded mining development projects in the past, the investment was usually tied to an offtake agreement. Offtake deals are arrangements where primarily smelters lock in a portion of the future output of a mine in exchange for upfront funding.

      "It's a two-way street," said Marius van Tonder, managing director Australia at SNC. "Asians are looking to invest and secure resources. The client is looking for the funding."

      Australia has offered rich pickings for Asian contractors.

      South Korea's Samsung C&T won the contract to build Australia's biggest new iron ore mine, Roy Hill, after South Korean steel giant POSCO, took a stake in the $10 billion project and helped bring in Korean export credit financing for it.

      EPC groups providing equity finance are not seeking controlling stakes in projects and are likely to limit their involvement to between 10 percent and 30 percent, said Christopher Langdon, a partner at law firm McCarthy Tetrault in Toronto.

      China's SEPCO Electric Power Construction Corp signed a $1.3 billion EPC framework deal with U.K.-based Oracle Coalfields Plc last September on a coal and power plant project in Pakistan that includes SEPCO potentially taking a 10-percent equity stake in the operator of the power plant.

      While providing another funding avenue for miners in bleak markets, EPC finance is not without risks and deals can be complex and time-consuming to put together as each transaction is different and may involve several parties.

      "At the end of the day, it's got to be on somebody's balance sheet," said Lloyd Pengilly, CEO and director of London-based QKR Corp, a private mining company backed by Qatari investors.

      "It's a financing option that is real but it's limited."

      (Additional reporting by Joyce Lee in Seoul, Silvia Antonioli in London, and by the Shanghai newsroom. Editing by John Pickering)

      http://www.reuters.com/article/2015/02/19/us-mining-financin…
      Avatar
      schrieb am 07.01.16 20:53:06
      Beitrag Nr. 163 ()
      Wird das irgendwann noch mal was oder können die das Projekt abschreiben ....
      Eisenerz ist ja alles andere als sexy .
      2 Antworten
      Avatar
      schrieb am 07.01.16 21:55:14
      Beitrag Nr. 164 ()
      Antwort auf Beitrag Nr.: 51.438.918 von Szween am 07.01.16 20:53:06Abschreiben.
      Avatar
      schrieb am 08.01.16 09:52:41
      Beitrag Nr. 165 ()
      Antwort auf Beitrag Nr.: 51.438.918 von Szween am 07.01.16 20:53:06Wird schon wieder werden - irgendwann...
      Avatar
      schrieb am 08.01.16 16:46:32
      Beitrag Nr. 166 ()
      Gut vorbereitet:

      Jan 4/16 Dec 31/15 Dalton, Brian Direct Ownership Rights DSUs 56 - Grant of rights 145,042 $0.095 Jan 4/16 Dec 31/15 Baker, John Direct Ownership Rights DSUs 56 - Grant of rights 160,864 $0.095 Jan 4/16 Dec 31/15 Wang, Jinhui Direct Ownership Rights DSUs 56 - Grant of rights 145,042 $0.095 Jan 4/16 Dec 31/15 Liu, Jian Direct Ownership Rights DSUs 56 - Grant of rights 145,042 $0.095 Jan 4/16 Dec 31/15 Porter, David James Direct Ownership Rights DSUs 56 - Grant of rights 192,510 $0.095 Jan 4/16 Dec 31/15 Loader, William Adrian Direct Ownership Rights DSUs 56 - Grant of rights 160,864 $0.095 Jan 4/16 Dec 31/15 Boggio, Lenard Direct Ownership Rights DSUs 56 - Grant of rights 192,510 $0.095 Jan 4/16 Dec 31/15 Ashby, Ian R. Direct Ownership Rights DSUs 56 - Grant of rights 160,864 $0.095 - See more at: https://www.canadianinsider.com/company?menu_tickersearch=ad…
      Avatar
      schrieb am 21.10.16 12:20:13
      Beitrag Nr. 167 ()
      VANCOUVER, Oct. 19, 2016 /CNW/ - Alderon Iron Ore Corp. (TSX: ADV) ("Alderon" or the "Company") announces an update on the re-scoping process that it has been undertaking on the Kami Iron Ore Project located in Western Labrador ("Kami Project"). The focus of the process has been to re-scope the capital and operating costs of the Kami Project in order to identify savings that have arisen from the current depressed state of the market and changes in ownership and management of assets in the Labrador Trough, the idling of the neighbouring Wabush Scully Mine ("Wabush") and evaluating strategic alternatives for the Company. Alderon's strategic partner Hesteel Group Co. Ltd. ("Hesteel") remains committed to the Kami Project and has been actively involved in the re-scoping process and provided its input on key elements. Hesteel recently changed its name from Hebei Iron & Steel Group Co. Ltd. to reflect its international focus.

      With respect to the current status of the Wabush Mine, since May 20, 2015 Wabush Mines and related subsidiaries and affiliates (the "Wabush CCAA Parties") have been in proceedings under the Companies' Creditors Arrangement Act (the "CCAA"). Based on filings in the CCAA proceedings, only four employees have been retained to assist in safeguarding the assets and no suitors have emerged that are willing to purchase the mine. Alderon on the other hand has a viable plan to utilize the Wabush Mine and ensure the future of the region by developing the Kami Project. Once the Kami Project moves into construction it will bring much needed construction jobs to the region, followed by years of employment once mining operations commence at the Kami Project.

      There are several key elements that the Company and its external technical consultants have been evaluating throughout the re-scoping process in order to develop a new capital and operating cost profile for the Kami Project. The most significant changes that have been examined are with respect to infrastructure requirements, in particular stockyard and terminal facilities, tailings storage and related infrastructure. In addition, as part of the exercise general cost reductions as a result of the depressed state of the market, reduced freight rates and the devaluation of the Canadian dollar against the U.S. dollar have been examined in detail. Alderon has retained BBA, Inc. based in Montreal, Quebec to complete the re-scoping process by preparing a new preliminary economic assessment ("PEA") report on the Kami Project. BBA, Inc. led the preparation of the Company's feasibility study dated December 17, 2012. The Company expects to release the results of the PEA and file a technical report prepared in accordance with National Instrument 43-101 in Q1 2017.

      Key Elements of Project Re-scope

      The key elements of the project re-scope are port and tailings infrastructure requirements. With respect to tailings and related infrastructure, Alderon has been evaluating the use of the pit at the Wabush Mine that is located in Wabush approximately six kilometers from the Kami Project. Mining operations at the Wabush Mine were suspended in March 2014 with the large majority of the workforce being laid off shortly thereafter. The Wabush Mine was permanently idled in November 2014.

      The existing infrastructure at the Wabush Mine can reduce the initial and sustaining capital costs of the Kami Project. In particular, Alderon, Hesteel and others have analyzed the Wabush Mine in detail and concluded that there are no economic reserves remaining in the pit. Given that the Wabush Mine is fully depleted of economic reserves, the remaining pit can be used as a tailings storage and management facility for the Kami Project. This negates the need to build an independent tailings deposition facility for the Kami Project and as a result would significantly reduce the capital expenditures associated with it.

      With respect to the port terminal facilities, on March 8, 2016 the Government of Quebec became the owner of rail, stockyard and terminal facilities located in Pointe-Noire area of the Port of Sept-Ȋles. The Government of Quebec acquired these facilities from Cliffs Natural Resources and has announced its plans to use these assets to create a multi-user terminal facility at the Port of Sept-Ȋles that will be open to all market participants. The multi-user facility may be accessed by participants as either a partner in a newly formed limited partnership or as a non-partner regular user. The Company's ability to access the multi-user terminal facility will result in a significant capital cost savings as it will no longer need to construct its own stockyard and material handling facilities. The multi-user terminal facility will allow the Company to connect to the completed multi-user dock facility that the Company has an existing contract to ship 8 million tonnes per annum of material through.

      Status of Wabush Mine CCAA Proceedings

      In the CCAA proceedings, FTI Consulting Canada Inc. (the "Monitor") has been appointed as the monitor for the purpose of overseeing the proceedings and arranging for the orderly liquidation of assets. The Monitor has established a website where information regarding the proceedings is publicly available. The Monitor files periodic reports with the Court regarding the progress of the proceedings, the most recent report is the twenty-fourth report to the Court dated October 6, 2016 (the "October 2016 Report").

      Based on information on the Monitor's website, on May 19, 2016 a notice was sent to interested parties confirming that a potential purchaser for the Wabush Mine would not proceed with the transaction and the Wabush CCAA Parties, in consultation with the Monitor, started the process of analyzing liquidation offers for the liquidation of equipment located at the Wabush Mine and other assets. Subsequent to this notice, the liquidation of assets at the Wabush Mine commenced. This includes the completed or intended sale of three Caterpillar generator sets; 104 single family homes; two apartment buildings; a staff house; nine Komatsu Haul Trucks; and real estate, machinery, equipment and other chattels used in connection with the Wabush Terminal Station and Wabush Substation. The Monitor has also confirmed that it has accepted a proposal, subject to negotiation of a definitive asset purchase agreement and Court approval, for the sale of the major mobile equipment at the Wabush Mine.

      The Monitor further reports that on August 30, 2016, in anticipation of a further process to seek proposals for the remaining movable assets at the Wabush Mine, the Wabush CCAA Parties issued to MFC Industrial Ltd. ("MFC") a Notice of Intent to Dismantle or Destroy Infrastructure or Fixtures located at the Wabush Mine.

      The following excerpts from the October 2016 Report demonstrate that the Monitor has devoted significant time and effort to find a purchaser for the Wabush Mine but a purchaser is not forthcoming and the liquidation of the remaining assets in the only option:

      "The Monitor and the Wabush CCAA Parties expended significant time and effort endeavouring to obtain a proposal from the Wabush Interested Party. Notwithstanding these efforts, it became increasingly apparent that it was unlikely that any proposal for the acquisition of the Wabush Mine would be forthcoming…"

      "The Wabush CCAA Parties, in consultation with the Monitor, are considering various alternatives with respect to the Wabush Mine, which alternatives could involve continuing to hold all or parts of the Wabush Mine to effect the realization of the remaining assets as described below, terminating the mining lease between predecessors of MFC and WICL dated September 2, 1959, (the "MFC Sub-Lease"), abandoning the property or any combination of the foregoing."

      "The Wabush CCAA Parties and the Monitor would welcome a proposal for the acquisition of the Wabush mine and related assets at an appropriate price. Regrettably, approximately eighteen months after the SISP Order was granted, there is no proposal from MFC or from any interested party."

      "While parties have shown some interest in the Wabush Mine assets, no party has been prepared to proceed with a proposal to buy those assets. This includes the party with whom MFC signed a support agreement as discussed earlier in this report."

      "As noted in paragraph 7 of the MFC Stay Objection, the marketing efforts have clearly demonstrated that there is no party with any interest in purchasing the mining assets and reopening the mine in the near future. Furthermore, it does not appear that MFC intends to restart operations in the near future even if it acquired the assets…"

      Alderon has long recognized that there are no economic reserves remaining at the Wabush Mine and has not made a proposal in the CCAA process to acquire the Wabush Mine and operate it as a going concern. However, as discussed in the press release, it has a viable plan to use the depleted pit to ensure growth and prosperity for the region. The PEA will incorporate the use of the pit at the Wabush Mine into the re-scope of the Kami Project and Alderon will work with stakeholders to acquire access at the conclusion of the CCAA proceedings.
      Avatar
      schrieb am 24.10.16 20:36:42
      Beitrag Nr. 168 ()
      Ui da gabs aber ein Hopser nach oben ... Trotz allem ist Eisenerz ja noch sehr weit von einer Erholung entfernt.
      1 Antwort
      Avatar
      schrieb am 25.10.16 09:32:07
      Beitrag Nr. 169 ()
      Antwort auf Beitrag Nr.: 53.543.646 von Szween am 24.10.16 20:36:42
      Zitat von Szween: Ui da gabs aber ein Hopser nach oben ... Trotz allem ist Eisenerz ja noch sehr weit von einer Erholung entfernt.



      hier sollen wieder dumme Leute abgefischt werden. Eisenerz Preise sollen laut Prognosen auch wieder deutlich fallen. Also Vorsicht hier.
      Avatar
      schrieb am 07.02.17 13:39:49
      Beitrag Nr. 170 ()
      Dabei zu bleiben war doch nicht schlecht. Gibt es Neuigkeiten. Warum zieht der Titel plötzlich / endlich?
      Avatar
      schrieb am 23.03.17 16:31:03
      Beitrag Nr. 171 ()
      Alderon Files Preliminary Economic Assessment for Kami Project on SEDAR
      VANCOUVER, BC--(Marketwired - March 14, 2017) - Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the "Company") today announced that it has filed its National Instrument 43-101 Technical Report entitled "Re-Scoped Preliminary Economic Assessment of the Kamistiatusset (Kami) Iron Ore Property, Labrador", dated effective February 28 2017 (the "Report"), on the SEDAR website at www.sedar.com. The Report is with respect to Alderon's preliminary economic assessment ("PEA") for its Kami Iron Ore Project located in the Labrador Trough.

      The Report was prepared as a result of the Company's efforts to re-scope the capital and operating costs of the Kami Project given market conditions over the past several years, changes in ownership and management of assets in the Labrador Trough, and the availability of the idled Wabush Scully Mine as a tailings management solution. The results of the PEA were announced in the February 28, 2017 news release and there are no material differences between the results announced in that news release and those contained in the final Report, as filed on SEDAR.

      "The completion of the PEA represents a significant milestone and reflects how economic conditions in the Labrador Trough and the iron ore sector have improved considerably," said Mark Morabito, Chairman & CEO of Alderon. "In the coming months, we will focus our efforts on advancing development of the Kami project and demonstrating the positive economic impact that our project will provide the region."

      The PEA replaces the Company's previous 2012 Feasibility Study, and demonstrates robust economics, including lower initial and sustaining capital costs as well operating costs.

      Highlight of the Kami Project Preliminary Economic Assessment (US dollars)

      Estimated pre-tax Net Present Value (NPV) at 8% discount rate is $1.377 billion based on an average production rate of 7.8 million tonnes per year of iron ore concentrate at a grade of 65.2% iron, over the life of the mine;
      Total estimated capital cost (excluding sustaining capital) is $897.5 million, reduced from $1.3 billion in the 2012 Feasibility Study*;
      Average estimated operating cost is $31.08/tonne, reduced from $42.17/tonne in the 2012 Feasibility Study*;
      The FOB concentrate sales price used in the PEA is $65.30 per tonne. This price was derived using an iron ore price that is well below the current spot price;
      Estimated mine life of 24 years;
      Internal rate of return (pre-tax) for the project is 23.8%; and
      Projected payback period is 3.9 years.
      *The 2012 Feasibility Study used an exchange rate of $1.00CDN = US$1.00 and was in constant Q4-2012 dollars. No escalation or inflation was applied to costs to bring them to Q1-2017 dollars. The exchange rate used in this current PEA is $1.00CDN = US$0.77.

      On a post-tax basis, the PEA shows a NPV of US$712 million at a cash flow discount rate of 8%. The post-tax IRR for the project is 17.9% and the payback period is 4.7 years. The post-tax analysis is based on a number of assumptions fully set out in the Report.

      Technical Report and Qualified Person

      The Report was prepared under the supervision of Mr. Angelo Grandillo, P.Eng, of BBA, a Qualified Person as defined by NI 43-101, with contributions from Gemtec and WGM. Mr. Grandillo is a Qualified Person as defined by NI 43-101 and Mr. Grandillo is independent of Alderon. Mr. Grandillo has reviewed and approved the technical information contained in this news release. Mr. Grandillo has verified all the data underlying the technical information disclosed in this news release.

      Additional information regarding the Kami Project and results of the PEA can be found in the Report which is available on SEDAR at www.sedar.com

      About Alderon

      Alderon is a leading iron ore development company in Canada. The Kami Project, owned 75% by Alderon and 25% by HBIS Group Co. Ltd. (formerly Hebei Iron & Steel Group Co. Ltd.) ("HBIS") through The Kami Mine Limited Partnership, is located within Canada's premier iron ore district and is surrounded by two producing iron ore mines. Its port handling facilities are located in Sept-Îles, the leading iron ore port in North America. HBIS is Alderon's strategic partner in the development of the Kami Project and China's second largest steel producer.

      For more information on Alderon, please visit our website at www.alderonironore.com

      Alderon is part of the King & Bay West group of companies. King & Bay West is a merchant bank and management services company that specializes in identifying, funding, developing and managing growth opportunities in the resource and technology sectors.
      Avatar
      schrieb am 05.04.17 15:57:14
      Beitrag Nr. 172 ()
      lderon's Kami Project Will Generate Economic Impacts Canada Wide, Including an Estimated $7.6 Billion in Incomes to Workers and Businesses and $4.4 Billion in Federal and Provincial Government Revenues
      VANCOUVER, BC--(Marketwired - April 05, 2017) - Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the "Company") today released an independent Economic Impact Assessment ("EIA") of the Kamistiatusset ("Kami") Iron Ore Project that indicates significant economic benefits and positive implications for the economies of Newfoundland and Labrador, Quebec and Canada. The Kami Project, which is located in the Labrador Trough, Canada's premier iron ore district, is expected to create more than 100,000 direct, indirect and induced jobs as well as generate $7.6 billion in incomes to workers and businesses, $4.4 billion in total revenue for federal and provincial treasuries and $19.5 billion in GDP over a 26-year period, which includes two years of construction activities. All dollar estimates are denoted in Canadian currency unless otherwise stated.

      CEO Commentary

      "The release of an independent economic impact assessment represents another significant milestone in our efforts to effectively re-boot the Kami Project and capitalize on improving iron ore market fundamentals," said Mark Morabito, Chairman and CEO of Alderon Iron Ore Corp. "The EIA results provide clear validation that Kami will have a positive economic impact in Labrador and beyond as demonstrated by the more than 100,000 per person years of employment that it is estimated to produce and an estimated $7.6 billion in total incomes expected over the life of the project.

      "In Newfoundland and Labrador alone, we expect that Kami will create approximately 32,000 direct, and spinoff jobs, generate more than $2.2 billion in total incomes to workers and businesses and contribute more than $1.8 billion in much needed revenue for the provincial treasury."

      The EIA was prepared by Strategic Concepts, Inc. (SCI) and Dr. Wade Locke of Memorial University on behalf of Alderon for the purposes of evaluating the economic impacts expected to emanate from the capital and operating expenditures associated with the development of the Kami Project. The Kami Project's economic impacts were analyzed for the economies for Newfoundland and Labrador, Quebec, Ontario, the other Provinces of Canada and Canada as a whole.

      Kami's Economic Impact Estimated for Newfoundland and Labrador

      The EIA estimates that the Kami Project will, over the life of the project, generate the following benefits for the people, communities and the Government of Newfoundland and Labrador:

      $2.2 billion in direct, indirect and induced incomes to workers and local businesses;
      Approximately 32,000 person years of direct, indirect and induced employment during construction and operations;
      Approximately $1.8 billion in treasury contributions from total direct, indirect and induced taxes; and
      $14 billion in contribution to the provincial GDP through incomes generation and the production undertaken.
      Kami's Economic Impact Estimated for Quebec

      The independent assessment anticipates that the Kami Project will generate the following benefits for the people, communities and the Government of Quebec:

      $3.2 billion in direct, indirect and induced incomes to workers and local businesses;
      42,260 person years of direct, indirect and induced employment during construction and operations;
      $459 million in treasury contributions through direct, indirect and induced taxes; and
      $3.2 billion contribution to the provincial GDP.
      Kami's Economic Impact Estimated for Canada

      The independent assessment calculates that the Kami Project will generate the following benefits for the people, communities, provincial governments and the Government of Canada:

      $7.6 billion in direct, indirect and induced incomes to workers and local businesses;
      100,405 person years of direct, indirect and induced employment during construction and operations;
      $4.4 billion in total treasury contributions, including $2.0 billion in total contributions to the Federal treasury, through direct, indirect and induced taxes; and
      $19.5 billion in contribution to the national GDP through income and production.
      "Completion of the EIA now paves the way for the next phase of Kami's development," added Mr. Morabito. "Against a backdrop of improving iron ore sector fundamentals, our near-term focus will centre on gaining access to the idled Scully pit for use as a tailings facility and strengthening our leadership team."

      The Economic Impact Assessment was based on the production profile, operating cost assumptions and capital cost projections included in the technical report entitled "Re-Scoped Preliminary Economic Assessment of the Kamistiatusset (Kami) Iron Ore Property, Labrador", dated effective February 28 2017 (the "PEA Report"). The economic impacts associated with the development of Kami were analysed from a number of perspectives, including cash-flow, employment, income, GDP, taxation and sensitivity to changes in commodity prices, capital and operating costs.

      Wabush Update

      The Company has submitted a binding offer (the "Offer") to purchase certain assets related to the Scully Mine that would be required for the Company to dispose of the tailings produced from the Kami Project as described in the PEA (the "Scully Assets"). As consideration for the Scully Assets, the Company has offered to pay $1,000,000 and assume certain liabilities and obligations associated with ownership and operation of the Scully Assets. The Company paid a deposit in the amount of $250,000 which shall be applied against the purchase price on closing.

      The Offer was submitted in connection with formal sale procedures developed by Wabush Mines, Wabush Resources Inc., Wabush Iron Co. Limited, Wabush Lake Railway Company Limited (collectively, the "Vendors") in consultation with FTI Consulting Canada Inc. (the "Monitor"). In accordance with the sale procedures, all offers were due before 5:00 p.m. (Toronto time) on March 27, 2017. The Vendors, in consultation with the Monitor, will review all offers that were submitted and determine whether to accept any of the offers. In the event that the Company's Offer is rejected, the deposit shall be returned to the Company.

      If the Company's Offer is accepted, the closing of any transaction related to the acquisition of the Scully Assets is subject to numerous conditions including the execution of a definitive agreement on terms acceptable to the Vendors and the Company, receipt of regulatory approvals, receipt of court approval, and other conditions customary to a transaction of this nature. There is no certainty that the Company's Offer will be accepted, or if the Offer is accepted, that a transaction to acquire the Scully Assets will be successfully concluded.

      Preliminary Economic Assessment

      Based on the PEA Report, it is estimated the Kami project will require approximately 29 months of construction, and is expected to produce 182 million tonnes of iron ore concentrate over a 24 year operational period. Alderon commissioned the PEA Report to identify capital and operational cost savings as a result of the recent state of the iron ore market.

      The following highlights of the PEA Report demonstrate the improved market fundamentals of the project (all amounts in US$):

      Estimated pre-tax Net Present Value (NPV) at 8% discount rate is US$1.377 billion based on an average production rate of 7.8 million tonnes per year of iron ore concentrate at a grade of 65.2% iron, over the life of the mine;
      Total estimated capital cost (excluding sustaining capital) is US$897.5 million, reduced from US$1.3 billion in the 2012 Feasibility Study*;
      Average estimated operating cost is US$31.08/tonne, reduced from US$42.17/tonne in the 2012 Feasibility Study*;
      The FOB concentrate sales price used in the PEA is US$65.30 per tonne. This price was derived using an iron ore price that is well below the current spot price;
      Internal rate of return (pre-tax) for the project is 23.8%; and
      Projected payback period is 3.9 years.
      *The 2012 Feasibility Study used an exchange rate of $1.00CDN = US$1.00 and was in constant Q4-2012 dollars. No escalation or inflation was applied to costs to bring them to Q1-2017 dollars. The exchange rate used in this current PEA is $1.00CDN = US$0.77.

      On a post-tax basis, the PEA shows a NPV of US$712 million at a cash flow discount rate of 8%. The post-tax IRR for the project is 17.9% and the payback period is 4.7 years. The post-tax analysis is based on a number of assumptions fully set out in the Report.

      The PEA Report was prepared under the supervision of Mr. Angelo Grandillo, P.Eng, of BBA, a Qualified Person as defined by NI 43-101, with contributions from Gemtec and WGM. Mr. Grandillo is a Qualified Person as defined by NI 43-101 and Mr. Grandillo is independent of Alderon. Mr. Grandillo has reviewed and approved the technical information contained in this section of the news release. Mr. Grandillo has verified all the data underlying the technical information disclosed in this section of the news release.

      Additional information regarding the Kami Project and results of the PEA can be found in the PEA Report which is available on SEDAR at www.sedar.com

      Alderon is a leading iron ore development company in Canada. The Kami Project, owned 75% by Alderon and 25% by HBIS Group Co. Ltd. (formerly Hebei Iron & Steel Group Co. Ltd.) ("HBIS") through The Kami Mine Limited Partnership, is located within Canada's premier iron ore district and is surrounded by two producing iron ore mines. Its port handling facilities are located in Sept-Îles, the leading iron ore port in North America. HBIS is Alderon's strategic partner in the development of the Kami Project and China's second largest steel producer.

      For more information on Alderon, please visit our website at www.alderonironore.com

      Alderon is part of the King & Bay West group of companies. King & Bay West is a merchant bank and management services company that specializes in identifying, funding, developing and managing growth opportunities in the resource and technology sectors.
      3 Antworten
      Avatar
      schrieb am 06.04.17 12:45:42
      Beitrag Nr. 173 ()
      Antwort auf Beitrag Nr.: 54.682.160 von ooy am 05.04.17 15:57:14
      sollte man hier einsteigen?! ;)
      wenn ja sollte man eher in toronto kaufen?

      Chartbild:
      2 Antworten
      Avatar
      schrieb am 06.04.17 12:51:03
      Beitrag Nr. 174 ()
      Antwort auf Beitrag Nr.: 54.688.868 von cervical am 06.04.17 12:45:42
      Vergleich NML; CIA; IRON ehemals ADV
      Avatar
      schrieb am 10.04.17 13:25:10
      Beitrag Nr. 175 ()
      Antwort auf Beitrag Nr.: 54.688.868 von cervical am 06.04.17 12:45:42
      Alderon to pay Antwort auf Beitrag Nr.: 54.688.868 von cervical am 06.04.17 12:45:42 million for part of Wabush Mines to use as tailings disposal for Kami
      The Scully Mine in Western Labrador first began operations in 1965

      http://www.mining.com/alderon-to-pay-1-million-for-part-of-w…
      Avatar
      schrieb am 30.04.17 17:06:52
      Beitrag Nr. 176 ()
      So hier mal eine aktuelle Presentation anscheinend wird es langsam wieder interessant Eisenerz zu fördern.

      http://www.alderonironore.com/images/Presentation/20170427_A…
      1 Antwort
      Avatar
      schrieb am 01.05.17 10:52:18
      Beitrag Nr. 177 ()
      Antwort auf Beitrag Nr.: 54.837.251 von freddy1989 am 30.04.17 17:06:52Sehr interessant, danke...
      Avatar
      schrieb am 25.05.17 13:28:37
      Beitrag Nr. 178 ()
      Alderon Files Q1 2017 Financial Results and Provides Corporate Update
      VANCOUVER, BC--(Marketwired - May 11, 2017) - Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the "Company") announced that it has filed its financial results for its first quarter ended March 31, 2017. All amounts, unless indicated, are reported in CAD dollars.

      "We've had a very exciting and busy start to 2017," says Mark Morabito, Chairman and Chief Executive Officer of Alderon Iron Ore. "We effectively re-booted our Kami Project with the release of a re-scoped Preliminary Economic Assessment, strengthened our board, worked with Memorial University in St. John's to prepare an Economic Impact Assessment study showing the significant number of jobs and considerable contributions to government treasuries that Kami will make, and adopted a new trading symbol, IRON. These efforts pave the way for continued advancement of the Kami project and capitalize on improved iron ore fundamentals."

      Q1 2017 Highlights

      Released the results of a Preliminary Economic Assessment ("PEA") that was prepared as a result of the Company's efforts to re-scope the capital and operating costs of the Kami Project given market conditions over the past several years, changes in ownership and management of assets in the Labrador Trough, and the availability of the idled Wabush Scully Mine as a tailings management solution.
      -- Estimated pre-tax Net Present Value (NPV) at 8% discount rate is $1.377 billion based on an average production rate of 7.8 million tonnes per year of iron ore concentrate at a grade of 65.2% iron, over the life of the mine;
      -- Total estimated capital cost (excluding sustaining capital) is $897.5 million, reduced from $1.3 billion in the 2012 Feasibility Study*;
      -- The FOB concentrate sales price used in the PEA is $65.30 per tonne.
      -- Internal rate of return (pre-tax) for the project is 23.8%; and
      -- Projected payback period is 3.9 years
      Began trading under the symbol "IRON"
      Subsequent to Quarter-End

      Released the results of an independent Economic Impact Assessment ("EIA"). Highlights from the EIA include:
      -- $7.6 billion in income to workers and businesses across Canada
      -- $4.4 billion Federal and Provincial government revenues
      -- 100,000 direct and indirect jobs will be created
      Appointed Dr. Andrew Furey as an Independent Director.
      -- Dr. Furey is an active member of Newfoundland and Labrador's business and medical communities and will be a valuable resource to the Company.
      Outlook
      "Our focus in the coming months will continue to center on advancing Kami's development and gaining access to the idled Scully pit for use as a tailings facility," added Mr. Morabito. "Targeted milestones in the near and longer term include the start of a feasibility study, re-assembling the owner's team, awarding an EPCM/EPC contract, resuming detailed engineering activities and securing construction financing."

      Alderon's Management Discussion and Analysis and Financial Statements for the first quarter 2017 ended March 31, 2017 are available on the Company's website, http://www.alderonironore.com, and via the Company's SEDAR profile.

      Alderon AGM
      Alderon is also pleased to announce that it has received Toronto Stock Exchange ("TSX") approval to hold its annual general meeting ("AGM") on September 14, 2017, outside of the TSX requirement that a company hold an AGM within six months of its year end. The previously announced transaction regarding the Wabush Scully Mine (see Alderon news release dated April 5, 2017) may require shareholder approval depending on the final structure and the Company chose to delay the holding of its AGM rather than holding multiple shareholder meetings in short succession.

      Technical Information
      The results of the PEA are from, and the EIA was based on, the technical report entitled "Re-Scoped Preliminary Economic Assessment of the Kamistiatusset (Kami) Iron Ore Property, Labrador", dated effective February 28 2017 (the "PEA Report"). The PEA Report was prepared under the supervision of Mr. Angelo Grandillo, P.Eng, of BBA, a Qualified Person as defined by NI 43-101, with contributions from Gemtec and WGM. Mr. Grandillo is a Qualified Person as defined by NI 43-101 and Mr. Grandillo is independent of Alderon. Mr. Grandillo has reviewed and approved the technical information regarding the PEA results. Mr. Grandillo has verified all the data underlying the technical information disclosed with respect to the PEA results.
      Avatar
      schrieb am 30.06.17 19:15:00
      Beitrag Nr. 179 ()
      Hallo hier mal was aktuelles zum Eisenerzpreis was meint ihr wie geht es weiter bei Alderon Iron? die Preise sind ja nicht gerade rosig

      Denke mal die Sitzen das einfach aus.

      Futures > Eisenerz 62% Far East CFR North China (Platts) Swap 1000 Dry Metric Tons Future bis 31.08.2017

      Eisenerz 62% Far East CFR North China (Platts) Swap 1000 Dry Metric Tons Future bis 31.08.2017Future
      Letzter Kurs 01:18:41 62,20 USD
      Avatar
      schrieb am 27.09.17 18:39:17
      Beitrag Nr. 180 ()
      Alderon Reaches Settlement with Newfoundland and Labrador Hydro
      VANCOUVER, BC--(Marketwired - September 25, 2017) - Alderon Iron Ore Corp. (TSX: IRON) ("Alderon" or the "Company") is pleased to provide an update on recent corporate developments. The Kami Mine Limited Partnership ("Kami LP"), Alderon's affiliate and the owner of the Kami Project, has reached a settlement with Newfoundland and Labrador Hydro with respect to the $21 million letter of credit that it posted for the construction of a new transmission line to the Labrador West area. As a result of the settlement, Kami LP will be returned $11.5 million (plus accrued interest) from the release of the letter of credit. In addition, if construction of the transmission line resumes within the next five years, Kami LP will receive an additional $750,000 payment as a re-start credit.

      Alderon also announces that it is working with BBA, Inc. to update the re-scoped preliminary economic assessment ("PEA") that was completed in February of this year. The Wabush Scully Mine was recently acquired by a third party who has stated its intention to re-open the mine. As a result, Alderon and BBA will be updating the PEA to remove the components related to the Wabush Scully Mine. The use of the depleted pit at the Wabush Scully Mine was just one of the many cost savings that were identified as part of the re-scope of the Kami Project and the updated PEA will still encompass the other cost savings as outlined in the previous PEA.

      The Kami Project remains an attractive development prospect due to its high-grade iron ore concentrate with low impurities. Stricter environmental regulation has driven demand for the premium product that will be produced from the Kami Project, as it allows end users to meet more stringent environmental standards. In particular, China's bid to reduce emissions is seeing an increase in domestic steel mills switching to high-grade iron ore products with fewer impurities. For the type of iron ore concentrate that the Kami Project will produce (65% Fe), there is already a spread to the Platts iron ore index price, currently pegged at US $21 per tonne above the benchmark product. This spread has widened over the last 18 months and prices for high-grade ore are expected to continue to increase as environmental regulation becomes more stringent.
      Avatar
      schrieb am 06.01.18 10:10:17
      Beitrag Nr. 181 ()
      Hallo anscheinend tut sich endlich etwas. Eisenerz liegt heute bei 75 Dollar bleibt da genug Gewinnmarge hängen?

      http://www.miningweekly.com/article/alderon-resolves-kamis-s…

      http://www.stockwatch.com/News/Item.aspx?bid=Z-C:IRON-253439…

      Auch bei den Nachbarn New Millenium oder sogar Champion rollt der erste Zug im März glaube ich...
      Avatar
      schrieb am 04.04.18 14:18:29
      Beitrag Nr. 182 ()
      Avatar
      schrieb am 21.06.18 17:30:12
      Beitrag Nr. 183 ()
      Avatar
      schrieb am 21.06.18 17:51:18
      Beitrag Nr. 184 ()
      Ob das mit Sprott so gut ist ?
      Normal müßte der Kurs weiter abschmieren damit Herr Rule dann noch mal zum absoluten Discountpreis shares bekommt ...
      1 Antwort
      Avatar
      schrieb am 23.05.19 19:58:13
      Beitrag Nr. 185 ()
      Antwort auf Beitrag Nr.: 58.036.921 von Szween am 21.06.18 17:51:18Eisenerzpreis
      in Dollar: 97,31USD +0,27USD 0,28%

      Der Eisenerzpreis steht aktuell sehr gut was meint ihr wie geht es hier weiter mit der Firma?
      Avatar
      schrieb am 24.05.19 07:36:43
      Beitrag Nr. 186 ()
      dalton von altius meinte im cc vom q1 sie sind in verhandlungen. jetzt ist genau die zeit um das projekt weiter zu bekommen. wie auch immer das aussieht.
      mehr durfte er als insider dazu nicht sagen
      Avatar
      schrieb am 07.06.19 19:30:50
      Beitrag Nr. 187 ()
      gameOVER.

      Wer macht Das Licht AUS??
      3 Antworten
      Avatar
      schrieb am 08.06.19 12:57:00
      Beitrag Nr. 188 ()
      Antwort auf Beitrag Nr.: 60.762.339 von Popeye82 am 07.06.19 19:30:50??? Warum denn??
      2 Antworten
      Avatar
      schrieb am 26.12.19 02:26:05
      Beitrag Nr. 189 ()
      Antwort auf Beitrag Nr.: 60.765.387 von ooy am 08.06.19 12:57:00Hier mal der aktuelle Eisenerzpreis was meint ihr wie geht es weiter



      https://www.finanzen.net/rohstoffe/eisenerzpreis
      Alderon Iron Ore | 0,205 C$
      1 Antwort
      Avatar
      schrieb am 26.12.19 17:35:07
      Beitrag Nr. 190 ()
      Antwort auf Beitrag Nr.: 62.229.878 von freddy1989 am 26.12.19 02:26:05Danke dafuer.
      Alderon Iron Ore | 0,205 C$
      Avatar
      schrieb am 08.05.20 11:17:32
      Beitrag Nr. 191 ()
      Das wars hier...Schulden an sprott nicht bezahlt. Kami welches als Sicherheit hinterlegt war verloren, das gesamte Management zurück getreten. Und Tschüss
      Alderon Iron Ore | 0,040 C$
      1 Antwort
      Avatar
      schrieb am 08.05.20 11:59:53
      Beitrag Nr. 192 ()
      Antwort auf Beitrag Nr.: 63.604.863 von KMST am 08.05.20 11:17:32Eine Schande, habe zum Glueck keine mehr, und dachte schon, das waere ein Fehler.

      Based on a production rate of 7.8-million tonnes a year of iron-ore concentrate at a grade of 65.2% iron, the November 2017 updated PEA shows a net present value (NPV) of $1.78-billion, at a cash flow discount rate of 8%. The internal rate of return (IRR) for the project is 25.7%.
      Alderon Iron Ore | 0,040 C$
      Avatar
      schrieb am 08.05.20 12:01:23
      Beitrag Nr. 193 ()
      Erst AXI, und jetzt die, verstehe ich leider nicht, achso, Cuervo hatte ich auch, das gleiche Theater.
      Alderon Iron Ore | 0,040 C$
      Avatar
      schrieb am 08.05.20 12:02:50
      Beitrag Nr. 194 ()
      Eisenerz ist wohl einfach nicht meins.
      Alderon Iron Ore | 0,040 C$


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