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 Dec 11, 2013 3:01pm

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Post# 21995787

Significant Positive News Development for Altius & Alderon

Federal Loan Guarantee for Muskrat Falls

This supply of power appears to be a key prerequisite for further development of iron ore projects in the NL part of the Labrador Trough. I dont know if this power will be available to the Frenchies in Quebec at the NML taconites for example.
The Julienne Lake project when the bid is awarded will be expected to be a user of this power which is all the more reason to expect a forthcoming decision as to who gets that award. We know that Altius should be the frontrunner and favorite on the Julienne Lake project award. It is understood that Alitus is in the running with an unnamed junior. Wouldn't it be funny if that junior turned out to be Mamba. I cannot think of any non Chinese connected junior that could make as good a presentation as Mamba especially after Mamba's recent aquisiton. Hopefully if Mamba beats out Altius for Julienne lake ( only pure speculation) Altius will be able to make a deal similar to the one it has with the Chinese bidders it is bidding with now. 20014 should be a banner year for Altius.
Canada Moose

Bullboard Posts

Visionstate set to leverage success in the U.S. market