Altius
This project is part of our
All-Canadian royalty portfolio

Cheviot (metallurgical coal)
Prairie Royalties

Location
west central Alberta, Canada

Operator
TECK
www.teck.com

Commodity
Metallurgical Coal

Asset Profile
LTM (as of January 31, 2016) Royalty Revenue $1.74 million
Annual production capacity 2.0 mt
Reserves 20 mt (as per Teck's website (http://www.teck.com/operations/canada/operations/cardinal-river/)
Estimated Mine Life 10 years

The Cheviot (Cardinal River) mine is wholly owned by Teck Resources and is located in west central Alberta.

The Cardinal River mine primarily produces metallurgical hard coking coal, and at recent production levels has an estimate mine life of approximately 10 years.

Royalty revenue from Cheviot is not as stable as the thermal coal royalty revenue in the Prairies Royalties portfolio as it is based upon the realized selling price of Cheviot metallurgical coal thus varies with market price.

Previous Page
Sheerness (thermal coal)
Next Page
Potash

© Copyright 2017 Altius Minerals Corporation