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Altius Minerals Corp T.ALS

Alternate Symbol(s):  ATUSF

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

Bullboard Posts
Comment by metalfactcheckon May 04, 2013 7:46pm
124 Views
Post# 21339772

RE: RE: RE: RE: RE: Assay Results

RE: RE: RE: RE: RE: Assay Results

Tata is spending some 500+ million to develop its Schefferville deposits.  They need to beneficient (jig, spiral, wash process) thus even at 58% it is not direct shipping ore.  Better to have ores at 35-40% that require beneficiation as at higher grades the bad stuff concentrates as well.

 

Looking at LIM and Tata's issues I would check the details. Mamba's PR is a bit midleading as none of the schfferville ores underwent simple crushing screening and de-sanding to get to 62+ Fe. and most of those were 57-58%.

 

If ADV is planning a 2% Mn sale product, then there will be limited production Wabush's markets were limited due to its Mn content.  So no or limited upside to ADV.

Bullboard Posts