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Exploration need not be so risky

When commodity prices collapsed from 2013, investors lost both money and confidence in the traditional, single-asset junior resources company. Investors wanted less risk and an opportunity for near-term cash flow. The mining industry is not famous for its response time, so, it was prescient the foundations for Altus Strategies – a company of companies built to manage exploration risk – started working on this concept back in 2007. CEO Steve Poulton explains the genesis of the model.

Exploration need not be so risky Exploration need not be so risky Exploration need not be so risky Exploration need not be so risky Exploration need not be so risky

Altus chief executive Steve Poulton reckons exploration risk is too high not to be shared

Mining Journal: How did you get into mining?
Steve Poulton: I grew up close to the world-famous Jurassic coast in Dorset, meaning geology was fron...