Industrial Minerals


MDL acquires stake in Madagascar minsands project

05 January 2012

by Mark Watts

Australian group takes 15% interest in group developing Toliara ilmenite deposit

Keywords: MDL, Mineral Deposits Ltd, World Titanium Resources, WTR, minerals sands, ilmenite

Mineral Deposits Ltd (MDL) has expanded its mineral sands interest in Africa through the acquisition of a 14.9% stake in World Titanium Resources Ltd (WTR) – an exploration company focused on Madagascar.

MDL acquired the shares in the fellow Australian...