Elemental Altus Royalties Corp. notes that Lundin Mining Corporation has closed the acquisition of 51% of the Caserones copper-molybdenum mine in Chile. Additionally, Lundin Mining have announced H1 2023 production results, released an updated NI 43-101 technical report at Caserones, and highlighted the optimisation and exploration potential at the [...]
Elemental Altus Royalties Corp. announces that it has acquired an additional NSR interest on the Caserones copper-molybdenum mine in Chile for a total cash consideration of US$2.6 million. On March 27, 2023 Lundin Mining Corporation announced its intention to acquire a 51% interest in Caserones for a total consideration of US$950 million [...]
Elemental Altus Royalties Corp. announces its operating and financial results for the first quarter ended March 31, 2023. For complete details please refer to the Financial Statements and associated Management Discussion and Analysis for the three months ended March 31, 2023, which can be found on the SEDAR website or the Company's website . First [...]
Elemental Altus Royalties Corp. announces its operating and financial results for the fourth quarter and full year ended December 31, 2022. For complete details, please refer to the Financial Statements and associated Management Discussion and Analysis for the three and twelve months ended December 31, 2022, available on SEDAR and the Company's [...]
Elemental Altus Royalties Corp. announces 2023 guidance of between 9,000 to 10,200 Gold Equivalent Ounces representing at its midpoint an approximate 65% increase on the 5,800 GEOs received in 2022. At a US$1,800 per ounce average realized gold price and US$3.75 per pound of copper, this guidance would provide the Company with 2023 revenue of [...]
Elemental Altus Royalties Corp. reports preliminary quarterly revenue of approximately US$2.6 million and preliminary adjusted revenue1 of approximately US$2.8 million for the fourth quarter of 2022, an increase of approximately 21% from the fourth quarter of 2021. The Company's preliminary annual revenue is approximately US$9.6 million and the [...]
Elemental Altus Royalties Corp. announces that it has entered into a binding agreement to acquire an additional 0.025% effective net smelter return royalty on the producing Caserones Copper-Molybdenum mine , located in the Atacama region of northern Chile, for consideration of approximately US$2M in cash . Elemental Altus now holds an effective [...]
Elemental Altus Royalties Corp. provides a portfolio update regarding developments at several assets in its high-quality royalty and stream portfolio, including at the Karlawinda gold mine, the Wahgnion gold mine and the Mercedes gold mine. Additionally, the Company announces that Sandra Bates has been appointed Corporate Secretary. Highlights [...]
Elemental Altus Royalties Corp. is pleased to announce that it has completed the previously announced acquisition of 19 royalties from a wholly owned subsidiary of First Mining Gold Corp. . Frederick Bell, CEO of Elemental Altus, commented: "We're delighted to complete this transaction and create further value for shareholders by adding high [...]
Elemental Altus Royalties Corp. notes the update regarding the Ming mine issued today by Rambler Metals and Mining plc , announcing Rambler's decision to pause operations at Ming until February 24, 2023 pending the delivery of key supplies to the mine. Rambler previously announced an efficiency improvement program in November 2022 alongside its [...]
Elemental Altus Royalties Corp. announces that it has entered into a binding agreement to acquire a portfolio of 19 royalties from a wholly owned subsidiary of First Mining Gold Corp. for consideration of US$5,000,000 in cash and common shares . Acquisition Highlights 19 uncapped royalties acquired, significantly expanding the development pipeline [...]
Elemental Altus Royalties Corp. announces the appointment of David Baker as Chief Financial Officer . David has over 12 years of industry experience and was most recently EVP Business Development at Elemental Altus, having joined the Company in April 2020. Previously, David provided equity capital markets advisory at Tamesis Partners LLP, and [...]