
Altius Minerals agrees to acquire TNR Gold in C$122M royalty deal
TNR holders would receive Altius shares and a stake in an Alaska gold spinout, subject to shareholder, court and exchange approvals.

TNR holders would receive Altius shares and a stake in an Alaska gold spinout, subject to shareholder, court and exchange approvals.

The Chilean project's infill program will add 3,300 metres to support an updated resource and a pre-feasibility study planned for 2027.

The copper-gold intercept lies about 55 metres down-dip of an earlier hole, supporting the company's eastern zone interpretation.
Centerra would hold 9.9 per cent of Mundoro after the share issue, which would fund non-partnered exploration and working capital.
The Alaska program tested resource gaps and extensions with 50 to 100 metre step-outs; reported intervals are core lengths with true widths unknown.
The three-hole batch extended higher-grade mineralization about 50 metres up-dip, with assays from 26 holes still outstanding.
True widths are estimated at 90 to 95 per cent of drilled intervals as the Colombian mine approaches a reserve update in early 2027.
The two share classes are priced above Tuesday’s close, with full subscription adding roughly 8.45 million to 8.82 million shares.
The interval exceeds modelled grades inside the conceptual pit, while a daughter hole extends the breccia system 184 metres west.
USW Local 7619 represents about 1,200 workers at the B.C. copper operation, whose production loss has not been quantified.
Hudbay expects to contribute about US$500 million from 2028, with first production at the Arizona mine targeted for the second half of 2029.
The company reports true widths and plans electromagnetic surveying before drilling the lens along strike and at depth.
The pre-feasibility study estimates C$127M in initial capital, with commercial production planned for early 2030.
Escondida, Spence and Copper South Australia produced less copper, while BHP retained its annual forecast of 1.65 million to 1.8 million tonnes.
The miner kept annual production guidance unchanged as Sierra Gorda paid a US$153 million distribution to South32.
BHP holds about 32 per cent after closing, as crews mobilize for 24,000 metres of drilling ahead of resource estimates due by mid-2027.
The Yukon infill interval also contains gold and silver, while Phase 2 drilling is due to finish Oct. 20.
The year-end estimate will exclude this year's drilling, which is targeted for a further resource update in the first half of 2027.
The company will combine earlier waste-dump assays with magnetic survey data before selecting drill locations in central Sweden.
A single hole returned 153 metres at 0.11 grams per tonne gold, with follow-up drilling planned for November.
The financing adds 4.99 million shares for East Sudbury work, while final closing remains subject to TSX Venture Exchange acceptance.
A 70.10-metre intercept could reduce waste mining at Gabbs, where a feasibility study is targeted for the first quarter of 2027.
Kinterra would lift its interest to 22.99 per cent, with both share tranches conditional on approval at the Nov. 4 annual meeting.
Measured and indicated resources account for 86 per cent of the updated Finnish deposit, which includes silver for the first time.
The Chilean subsidiary reports a 62.86 per cent interest and gains the right to appoint three of five directors.
The total rose 19 per cent from the June quarter but includes 6,904 tonnes of previously stockpiled fines designated for sale.
At K-Ozek, hole EL26039 returned 22.8 metres grading 5.37 grams per tonne gold from 124.2 metres downhole.
The non-brokered placement issued 73.2 million units at C$0.18, while a separate transaction settled secured debentures with Delbrook funds.
A PEA models 36.8 million payable pounds of annual copper equivalent output and a C$8.6 million net initial funding need.
Shares priced at 1.5 pence represent about 15 per cent of enlarged capital, with London admission expected around Oct. 15.
Four holes are the first results from a planned 12,000-metre Kwanika program; the project's preliminary economic assessment is delayed.
A second AG infill hole returned 37.2m at 177.7 g/t silver equivalent, while lower elevation drilling continues.
The infill interval sits inside the April resource model; a separate 106.5-metre intersection lies beyond the pit boundary.
BBA will study Lion and Nisk Main using the September resource estimate, with capital costs and preliminary economics targeted for the first half of 2027.
Bezant targets at least 9,000 tonnes of plant throughput in October, with first saleable concentrate expected late in the month.
The estimate puts contained copper at 495,400 tonnes; the separate Selebi North resource calculation remains pending.
October community meetings will precede submission of the assessment with Aris Mining's environmental licence application in Colombia.