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.

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Altius Minerals Corp

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Post by Canadamooseon Nov 12, 2012 5:06pm

462 Views

Post# 20590284

HVAN1 Question about Century Sale of Astray

HVAN1, The sale of 80 % of Astray by Century could be very informative if we knew all the facts such as the price the name of the buyer and why the deal was done. Whether Altius had to give permission and how the circumstances surrounding the deal, look for the prospects of the Iron ore development in the Labrador Trough at this point in time when China's iron ore needs and the world iron ore scenario have so many questions.

Thanks Canada Mooose

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