Altus has reported pre-tax royalty revenues of US$1.7m for the first quarter of the year. This represents the second sizable influx of royalty revenues since the company embarked on a transformational royalty acquisition path in the second half of 2021. The royalty revenue comes from the Caserones copper mine and the SKO and Ballarat mines, the latter part of the portfolio of 24 gold royalties acquired from Newcrest in December last year. We continue to see a significant value disconnect between ....
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Royalty revenue floodgates are opening
- Published:
05 Apr 2022 -
Author:
Phil Swinfen -
Pages:
3
Altus has reported pre-tax royalty revenues of US$1.7m for the first quarter of the year. This represents the second sizable influx of royalty revenues since the company embarked on a transformational royalty acquisition path in the second half of 2021. The royalty revenue comes from the Caserones copper mine and the SKO and Ballarat mines, the latter part of the portfolio of 24 gold royalties acquired from Newcrest in December last year. We continue to see a significant value disconnect between ....