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Alderon Iron Ore Corp AXXDF

Metals & Mining Steel Industrial Metals & Minerals Steel
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.


GREY:AXXDF - Post by User

Alderon Iron Ore Corp
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Comment by HBird7on Feb 11, 2014 4:05pm
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Post# 22197224

RE:Cliff wil close ......

RE:Cliff wil close ......
FUTURE OF WABUSH'S  SCULLY MINE IN DOUBT

Employees with Wabush Mines were called to a meeting with managers to discuss the future of the town's Scully Mine Tuesday afternoon.
 
But sources have told CBC that the closure or idling of Canada's third largest iron ore mine is a possibility.
 
An estimated 400 people work at the mine and concentrator in Wabush.
 
A spokesperson for parent company Cliffs Resources confirms managers met with employees to discuss "the future of Eastern Canada operations," but wouldn't go into specifics.
 
CBC News has reporters outside the mine's gates awaiting word on the outcome of Tuesday's meeting.
 
More to come
 
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