Securing the closed Wabush mine assets is not a life or death threat to developing Aleron Iron Ore’s flagship Kamistiatusset (Kami) high-grade iron-ore property, but will merely be a set back, chairperson and CEO Mark Morabito tells Mining Weekly Online in an interview Thursday.
He said the near-term focus for the Martime Canada-focused project developer is centred on gaining access to the Scully pit located next door for use as a tailings facility, and the company has made a C$1-million bid to acquire the assets located in the famed Labrador Trough.
