Sept 14 (Reuters) - Altius Minerals Corp ALS.TO :
* ALTIUS REPORTS SETTLEMENT WITH VALE ON VOISEY'S BAY ROYALTY DISPUTE
* ALTIUS MINERALS CORP - SPECIFIC TERMS OF SETTLEMENT ARE CONFIDENTIAL
* ALTIUS MINERALS - SETTLES LITIGATION WITH ROYAL GOLD RELATED TO CALCULATION OF ROYALTY IN RESPECT OF ALL CONCENTRATES PRODUCED FROM VOISEY'S BAY MINE
* ALTIUS MINERALS - EXPECTS 3% ROYALTY RATE WILL APPLY TO ABOUT 50% OF GROSS METAL VALUE IN CONCENTRATES AT EXISTING NICKEL, COPPER, COBALT PRICES
* ALTIUS MINERALS CORP - PARTIES AGREED TO A NEW METHOD FOR CALCULATING ROYALTY IN RESPECT OF CONCENTRATES PROCESSED PROSPECTIVELY AT VALE'S LHPP
* ALTIUS MINERALS CORP - VALE EXPECTS UNDERGROUND MINE TO BEGIN PRODUCTION IN 2021 AND TO RAMP UP OVER FOUR YEARS
* ALTIUS MINERALS CORP - NEW METHOD FOR CALCULATING ROYALTY WILL BE EFFECTIVE FOR ALL VOISEY'S BAY MINE PRODUCTION AFTER APRIL 1, 2018
* ALTIUS MINERALS CORP - CURRENT OPEN PIT MINING IN OVOID DEPOSIT IS EXPECTED TO CONTINUE UNTIL 2022
* ALTIUS MINERALS CORP - VALE CANADA AGREED TO A NEW METHOD FOR CALCULATING ROYALTY AT VALE'S LONG HARBOUR PROCESSING PLANT
* ALTIUS MINERALS CORP - CO AND ROYAL GOLD INC HAVE ENTERED INTO AN AGREEMENT WITH VALE CANADA LIMITED