Altius Minerals reported a net loss attributable to common shareholders of $2,857,000 or ($0.10) per share for the three months ended July 31, 2012 compared to a net loss of $1,588,000 for the same period last year. The current year was affected primarily by the losses in the share of associates, decreased royalty revenue, and a general decline in [...]
Altius is pleased to announce that it has entered into an agreement with a private company, CIP Magnetite Ltd., being sponsored by Capital Investment Partners of Australia, with respect to its Snelgrove Lake iron ore project in the Sept Iles area of western Labrador, Canada. A primary condition of the agreement is that CIP Magnetite Ltd. is [...]
Altius is pleased to announce that it has signed a Memorandum of Understanding with Virginia Mines whereby Altius and Virginia will cooperate to explore for base metals and precious metals on the North Shore area of Quebec and in southern Labrador. This strategic alliance merges two project generation teams that have exhibited excellent track [...]
Altius Minerals reported net loss attributable to common shareholders of $4,611,000 or ($0.17) per share for the year ended April 30, 2012 compared to net earnings of $70,313,000 for the same period last year. The current year was affected primarily by the losses in the share of associates and a general decline in the market value of investments [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 05/16/12 -- Altius Minerals Corporation ("Altius") (TSX: ALS) has entered into an automatic share purchase plan agreement (the "Plan") with a broker in connection with its normal course issuer bid ("NCIB") previously announced on March 29, 2012 to facilitate purchases of Altius' common [...]
Altius is pleased to report that Alderon has today announced the signing of investment and iron ore offtake agreements with the world's second largest steel producer, Hebei Iron and Steel Group of Hebei Province, Peoples Republic of China. Altius is a co-founder of Alderon and owner of 32.9 million Alderon shares. In addition it holds a 3% Gross [...]
Altius announces that it will purchase at market price up to 1,437,983 common shares, being approximately 5% of its outstanding shares of 28,759,675 as of March 19, 2012, by way of a normal course issuer bid through the facilities of the TSX. The bid is subject to regulatory approval. The bid will commence April 2, 2012 and will end no later than [...]
Altius is pleased to provide an update on projects that it has generated in the Labrador West Iron Ore District that are subject to agreements with partners. In particular, Altius has active exploration agreements with Rio Tinto Exploration Canada and Century Iron Mines. Altius is also a co-founder and the largest shareholder of Alderon Iron Ore [...]
Altius reported net earnings attributable to common shareholders of $2,461,000 or $0.08 per share for the three months ended January 31, 2012 compared to net earnings of $69,212,000 for the same period last year. The current quarter's earnings include revenue of $5,805,000, consisting of royalty revenue of $1,192,000 and $3,941,000 in share [...]
Altius is pleased to report positive exploration results from its two 100% owned projects in the Labrador West iron ore mining district. Altius is presently seeking partners to advance these opportunities. Julienne Lake Iron Ore: In 2011, Altius commissioned a ground gravity and magnetics survey over its wholly owned Julienne Lake iron ore project [...]
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 12/14/11 -- Altius Minerals Corporation ('Altius') (TSX: ALS) reported a net loss attributable to common shareholders of $2,868,000 or $0.10 per share for the three months ended October 31, 2011 compared to net earnings of $2,138,000 for the same period last year. The current year's loss
Altius reported a net loss attributable to common shareholders of $2,868,000 or $0.10 per share for the three months ended October 31, 2011 compared to net earnings of $2,138,000 for the same period last year. The current year's loss includes the Corporation's share of losses in Alderon Iron Ore Corporation of $1,790,000 and mineral property [...]
