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Altius Minerals ( (TSE:ALS) ) has issued an announcement.
Altius Minerals Corporation announced a partial award decision from an arbitration Tribunal regarding its royalty interests in the Silicon gold district in Nevada. The Tribunal confirmed that Altius’s royalty covers the entire Base Area of Interest and some adjacent lands, expanding its rights significantly. However, lands acquired by AngloGold Ashanti from third parties before the Royalty Agreement are excluded. This decision potentially strengthens Altius’s position in the district, pending a final award.
More about Altius Minerals
Altius Minerals Corporation operates in the mining industry, focusing on royalty and mineral property interests. Its primary products include royalties on mineral lands, particularly in the gold sector, with a significant market focus on emerging mineral districts.
YTD Price Performance: -0.26%
Average Trading Volume: 80,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.24B
See more data about ALS stock on TipRanks’ Stock Analysis page.
