BUSINESS
02/19/2014 08:14 EST | Updated 04/21/2014 05:59 EDT

Danny Williams, Former Premier, Steps Down From Alderon Mining Board

CP
ST. JOHN'S, N.L. - Alderon Iron Ore Corp. (TSX:ADV) says Danny Williams, the former premier of Newfoundland and Labrador, has resigned from the firm's board of directors.

Alderon says Williams will continue to serve as a consultant to the mining company, which is moving ahead with its Kami mine development in western Labrador.

The $1.3-billion Kami project received federal environmental approval Tuesday.

Williams was named as a special adviser to Alderon's chairman in January 2012 and appointed two months later to the board of directors.

Alderon says Williams was an influential member of the board and played an instrumental role in the company's growth over the past two years.

He was elected premier in 2003 and stepped down from that role in 2010.

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