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Abitibi Royalties Inc
2864, chemin Sullivan, Val-dOr, Quebec, Canada

Memberships : NA
Industry : Rare Earth
Basic Member
Since Nov, 2016
About Company

Abitibi Royalties' objective is to capture the upside potential inherent to the various stages of the mining sector, while limiting the risks related to the difficulties in assessing the rate of success and accurately predicting the costs for exploration, development, and mine operation.Royalties are a right to receive a percentage of the production from a mine. However, royalties may have various structures and they may be created for different reasons and at different stages from exploration to development. Our team has a long history of developing a variety of such structures specifically during the early stages of exploration. This acquired experience makes Abitibi Royalties unique in the universe of royalty companies.Abitibi Royalties was initially spun out of Golden Valley Mines (TSX-V: GZZ) and listed as a public company in 2011. The flagship royalty in this portfolio is 3% net smelter return (NSR) royalty on the eastern portion of the Canadian Malartic mine (owned and operated by Agnico Eagle and Yamana Gold), which includes the Barnat Extension and Jeffrey gold deposits. The NSR also includes the exciting new Odyssey North discovery that was announced in 2014.

Company NameAbitibi Royalties Inc
Business CategoryRare Earth
Address2864, chemin Sullivan
Val-dOr
Quebec
Canada
ZIP: J9P 0B9
PresidentNA
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Rare Earth Refining & Supply
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