Northwire Canada EditionFriday, November 13, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Other

Altius's equities portfolio at $49.3M at Dec. 31

By The Northwire Desk — AI Analysis Jan 08, 2026 · 19:30 ALS · 43.12 Altius Minerals Corporation
ALS · Price

Executive Summary

  • Altius Minerals reported a Q4 2025 project generation update, with its public junior equity portfolio reaching a market value of $49.3 million as of Dec. 31, 2025, up from $44.0 million at the end of Q3.
  • The company executed approximately $1.3 million in net portfolio investments, including financing Centauri Minerals, increasing its stake in Perseverance Metals, and receiving equity/royalty considerations for the vending of the Firenze and Celts gold projects.
  • Altius anticipates a highly active exploration cycle ahead, with portfolio companies announcing over 75,000 metres of planned discovery-oriented drilling, alongside continued evaluation of new exploration alliances and royalty-generating opportunities.

Key Details

  • Portfolio Valuation: Market value of public junior equities stood at $49.3 million as of Dec. 31, 2025, compared to $44.0 million at Sept. 30, 2025.
  • Q4 Investment Activity: Net portfolio investment of approximately $1.3 million was completed during the quarter.
  • Centauri Minerals: Altius participated in the financing of this newly formed private company.
  • Perseverance Metals Inc.: Altius increased its existing equity position.
  • Firenze Gold Project (Nevada): Project was vended to a developer; Altius received equity shares and retained a 1.5% net smelter return (NSR) royalty, subject to a 0.5% buydown right.
  • Celts Project: Altius received shares in Eminent Gold Corp. as consideration for a prior period sale.
  • Project Origin: Both the Firenze and Celts projects were developed through Altius's ongoing exploration alliance with Orogen Royalties Inc.
  • Exploration Outlook: More than 75,000 metres of planned, discovery-oriented drilling announced by portfolio companies for the upcoming year, supplemented by significant planned drilling at operating and development-stage royalty projects.
  • Strategic Mandate: Ongoing evaluation of potential exploration alliances and junior equity investments designed to create royalties across multiple jurisdictions.
  • Qualified Person: Lawrence Winter, PhD, PGeo, Vice-President, Generative and Technical, reviewed and approved the scientific and technical data.
Read the original news release →

More from Altius Minerals Corporation

Nov 11, 2026 · 07:30

Altius expands its portfolio by adding the Los Azules copper and Mariana lithium royalties through a strategic tuck-in acquisition.

M&A / Property Nov 10, 2026 · 17:05

Altius reports record third-quarter revenue, though weak cash conversion and a favourable electricity mix drive the financial results.

Earnings Oct 22, 2026 · 08:47

Altius secures its first development-stage potash royalty, providing non-dilutive funding to advance the IPM project to Q1 2027.

M&A / Property Oct 20, 2026 · 07:45

Altius reported record revenue driven by $9 million in interest income, while its core royalty revenues declined quarter over quarter.

Earnings Oct 19, 2026 · 07:49

Altius’s Q3 project-generation update highlights a portfolio mark-up with no new revenue contributions from its exploration assets.

Drill Results Oct 06, 2026 · 07:30

Altius quietly builds a 12.7% stake in TNR Gold, signalling a potential full acquisition bid for the junior miner.

M&A / Property