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 Oct 07, 2011 12:19pm

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Post# 19130019

Sold Royal Gold

From taking a look at Altius's financial statements for the last 4 quarters I believe they've sold most of their 529,000 Royal Gold shares over the last 2 years (when Royal Gold ran up from $40 to over $80). The $24 million in "Mining and other investments" from their 1st quarter financial statement is composed of equities bought by the Van Eeden joint venture and shares/warrants in Millrock.

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