World Titanium Resources (ASX: WTR) has streamlined its board of directors to meet the challenges presented by the next stage of its Ranobe mineral sands project in Madagascar.
Chairman Wayne Malouf and non-executive directors Tristan Davenport and Rick Valenta have resigned while Nicholas Limb has been appointed as its new chairman.
The remaining four member board retains the skills and experience that will benefit the company in its next stage of development.
“I would also like to thank the departing directors for their long and determined efforts to progress the company’s principal project to the point of development,” Limb said.
The Ranobe Mine is projected to produce 407,000 tonnes per annum of ilmenite and 44,000tpa of zircon rich concentrate per annum over an initial 21 year mine life. This first phase of development utilises around 17% of the 959 million tonne of Mineral Resource defined at Ranobe.
The Definitive Engineering Study has confirmed that a low capex, low technical risk and simple mineral sands operation could be built using proven technology.
Pre-development engineering is focussed on finalising the design for the haul road, causeway and jetty. A detailed design for the jetty has been completed.
Work is currently underway to update the DES into a Definitive Feasibility Study to be completed in the second quarter of 2014.
September 6, 2017The following is a Q&A interview with Argex Titanium Chief Financial Officer and Director Mark BillingsThanks for speaking with us today Mark, can you tell me about Argex?Argex Titanium Inc. (TSX:...view
September 6, 2017In late May, the price of titanium dioxide market gradually into the hover, disadvantaged areas. Raw materials sulfate stalemate stable, the cost of support for titanium dioxide is still weak. Most ma...view
September 6, 2017PPG Industries＇ (NYSE:PPG) protective and marine coatings business is celebrating the 20th anniversary of polysiloxane coatings, for which PPG was granted the first patent on Jan. 4, 1994. Tim Knavish, PP...view
September 2, 2021Since September, raw materials keeps goingup, China titanium concentrate increase RMB 50/ton.Besides, several China tio2suppliers stop accepting new orders and offer at the beginning of the first week...view
January 10, 2018Titanium Dioxide is a white powder pigment of good quality, which has advantages of good light scattering ability, good whiteness, high tinting strength, and strong covering power, at the same time i...view
September 6, 2017According to market news, subject to strict environmental inspection, Today, Panzhihua vanadium and titanium industry park titanium manufacturers all stop production, some manufacturers said the recov...view