Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Industrial Metals & Minerals

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.

TSX:ALS - Post by User

Altius Minerals Corp

Bullboard Posts

Post by Greenandgold.on Dec 15, 2011 11:21am

565 Views

Post# 19325078

Paladin's plans

https://www.miningweekly.com/article/paladin-gets-access-to-aurora-deposits-2011-12-15

Paladin's plans for Aurora: infill drilling at Michelin and exploration drilling this summer.
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In other news, ALS's early stage Wager Bay gold project in Nunavut has been written down, along with Mustang Trend gold project in Newfoundland. The majority of ALS's own exploration dollars have been pumped into more iron ore; Snelgrove Lake, to look for DSO targets, and Julienne Lake iron ore. Snelgrove should be the next big JV (they held it back from the Century deal).
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MD&A notes that weaker market conditions are providing more royalty financing opportunities. "The Corporation is currently evaluating several royalty financing/investment opportunities."

Bullboard Posts

Unique Battery Metals opportunity in Quebec