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 Sep 28, 2011 1:44am

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Post# 19091739

Uranium Moratorium

Very excited about possible lifting of the Labrador uranium mining moratorium this December (it's currently being studied by an assembly committee, which will make a recommendation). Altius' former Michelin property is now in the hands of Paladin, which is probably as good a uranium mine builder as anybody besides Cameco.
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If the moratorium is lifted, then Paladin seems to be the ideal operator to fast-track the property to production. Its 130 million pounds makes it one of the top 10 uranium deposits on the planet. Paladin paid $260 million for the property earlier this year so they seem serious.

Bullboard Posts

Futures Flat Amid Key Data in Canada and US