Altius Mineral Corporation

Altius, Cliffs expand Canadian exploration venture

Mining Weekly | August 8, 2011
altius minerals

Newfoundland-based Altius Minerals has expanded its exploration agreement with number-one US iron-ore miner Cliffs Natural Resources to include a new project in northern Labrador, it said on Monday.

Image of serpentinized ultramafics with Cr pods in the Pipestone Pond area, by Altius Minerals

  • Altius Minerals Corporation more than triples profits to $70m in 2011

    AlphaTrade Finance | July 7, 2011

    Altius Minerals Corporation reported net earnings of $70,239,000 or $2.42 per share for the year ended April 30, 2011 compared to net earnings of $20,963,000 for the prior year.

  • Altius makes big gain in Q3

    Andrew Topf | March 14, 2011
    iron ore plant- mananc

    Altius Minerals made a profit of $69.3 million, or $2.38 per share, in the three months ending January 31 — the Canadian iron ore producer's third quarter. That compares to a $102,000 loss in the same period last year. Quarterly revenues were 1.1 million versus $912,000 for the previous year's Q3.

    Altius also gained $84.6 million after transferring its 100% interest in the Kami iron ore property to Alderon Resources Corp. in exchange for 32.3 million shares of Alderon.

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