Altius Minerals (TSE:ALS) has released an update.
Altius Minerals Corporation has reported a significant increase in attributable royalty revenue to $21.8 million in Q2 2024, up from $18.7 million in the same quarter last year, driven by higher base metal prices, iron ore dividends, and growth in renewable energy royalties. This positive financial performance was achieved despite lower potash prices and the closure of the Genesee Mine. Key developments include a beneficial settlement with Adventus Mining and promising exploration advances at AngloGold Ashanti’s Silicon Project.
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