Abitibi Royalties Inc
Mining & Metals - Val-d'Or, Quebec, Canada
Abitibi Royalties Inc Employees
Abitibi Royalties Inc Details
Abitibi Royalties' (TSX-V:RZZ) 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.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.
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