Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Copper

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., which is focused on the acquisition and management of renewable energy investments and royalties.

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Altius Minerals Corp

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Post by greenandgoldon Jul 06, 2011 5:44pm

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Post# 18803434

Tidbits

1) https://www.alaskajournal.com/stories/062311/loc_mmtuog.shtml

Lots of holes being drilled by Millrock this summer in Alaska: Brixton Metals drilling 16 holes at Cristo; Teck paying for 15 holes at Estelle; Kinross paying for 8 holes at Humble. Altius owns a 2% gold royalty on parts of these 3 properties. That's about $2 million in drilling costs Altius avoids, while participating in unlimited upside.

2) Alderon has a new CEO, a former IOC miner. Morabito becomes executive chairman. The executive team looks ready to make the company a producer: 4 former IOC guys, 3 former Consolidated Thompson guys. Drilling results continue to look strong and ADV's stock price has recovered to $3.25 from lows around $2.50.

Iron ore prices steady at around $178 per tonne. Vale predicts iron ore prices will remain strong for at least the next 5 years because of the difficulty of bring new supply into the market (not too many Alderons out there with the right combination of resource size, grade, transportation, and financing).

3) Nickel prices have dipped in recent months from over $13 a pound to $10.56 a pound currently. This certainly affects Altius' royalty profits on nickel mined from Voisey's Bay. Hopefully, lower prices might be offset by higher production. Voisey's Bay was back to full capacity this April.

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