The Indian holding company
Saraf Agencies Pvt Ltd unveiled an Indian
Rupee (Rs) 5bn ($91.3m) investment plan to revive its interest
in constructing a titanium dioxide (TiO2) plant and
development park at Chhatrapur in south Odisha, India.
MZI Resources Ltd
completed mining at its Lethbridge South mine in the Tiwi
TNG Ltd signed a
memorandum of understanding (MoU) with an unnamed
Austrian/German international engineering company regarding
commercial development of TNGs TiO2 and
vanadium pentoxide extraction process (TIVAN).
Rio Tintos Fer et
Titane (Iron and Titanium) division halted its
TiO2 feedstock expansion programme on the back of
weaker market conditions. It also placed its South African
Richard Bay Minerals zircon and rutile processing operations on
care and maintenance, and took its Quebec chloride slag
production facility offline.
more than trebled its JORC inferred resource estimate to
1.465bn tonnes grading 5.7% heavy mineral content (HM) at its
Guadalupito iron and mineral sands project in Peru.
US-based Rockwood Holdings
Inc. signed an agreement with Finnish Kemira Oyj to
purchase the companys 39% stake in its sulphate
TiO2 pigment joint venture, Sachtleben, for
Ltd said it would take a number of measures to
insulate itself from market weakness including cutting its
production to 30-40% of total capacity for 2013, idling its
Eneabba mine, Western Australia, and making approximately 200
revised its first production estimate at its Keysbrook
TiO2 feedstocks project, Western Australia, from
late 2013 to Q1 2014. It increased the size of the indicated
and inferred resources at Keysbrook by 60%.
The Norwegian Ministry of the
Environment told Nordic Mining ASA that the
information it has given to the Ministry about the
Engeb¿ rutile project is insufficient to resolve the
industrial area plan and the application for waste
TNG Ltd updated
the JORC resource for its Mount Peake project, northern
Australia, to move a large portion of the 160m-tonne resource
into the measured category.
Sierra Rutile was
granted approval from the Sierra Leone Ministry of Mineral
Resources for two exploration licences adjacent to its current
mining licence in Area 1.
Scientists at Nanyang
Technological University, Singapore, developed a
TiO2 nanofibre that can both purify wastewater and
liberate hydrogen, which can then be used as a fuel.
World Titanium Resources
Ltd (WTR) entered into a MoU with Chinese
TiO2 pigment producer, Sichuan Lomon Titanium, for
eventual joint development of the Ranobe mine in
Cove Resources Ltd
received final approval for a $5m working capital fund from RMB
Resources to finance the bankable feasibility study of
Coves Finnish ilmenite deposit, Koivu.
signed a MoU to secure the location for its industrial sized
plant in Salaberry-de-Valleyfield, 40km south-west of Montreal,
Image Resources NL
confirmed a JORC indicated and inferred resource of 2.1m tonnes
grading 15.4% heavy mineral content (HMC) for Block A of the
Boonanarring deposit in Western Australia.
Sri Lankas trade
ministry approached the Chinese government for
investment in its mining and mineral processing sectors, with
particular emphasis on mineral sands and graphite.
Deutsche Bank released a note
saying that world number one TiO2 pigment producer
DuPont should and likely will look
to divest its TiO2 business as soon as next
signed a leucoxene supply agreement with DuPont for 30% of the
output of the Keysbrook mine.
Ltd said it would build a new pigment preparations
plant at Tangerang site in Indonesia that will double
Clariants pigment preparations capacity in the
White Mountain Titanium
Corp. located a new rutile prospect named La Marina
near to its main project Cerro Blanco, in northern Chile.
The UK Court of Appeal ruled in
favour of UK-based Pathfinder Minerals in the
long-running dispute over the validity of its claims to certain
mineral sand tenements in Mozambique.
Inc. was downgraded by Fitch ratings.
Crimea TITAN, part
of Ukrainian conglomerate Group DF, signed a contract with
Zeppelin GmbH for the supply of $14.3m worth of Caterpillar
quarry equipment for use in ilmenite and rutile mining.
Inc., declared a lockout of the majority of the
workers at its plant in Varennes, Canada. The lockout was part
of a labour dispute and was triggered when 93% of workers
rejected the latest contract offer made by the companys
TiO2 producer Kerala Minerals and Metals
Ltd said it would increase its production to 60,000
tpa from the current level of 40,000 tpa.
Australia Minerals and
Mining Group Ltd (AMMG) confirmed a JORC inferred
resource of 701m tonnes grading 3.8% HM at the Rover Range area
of the Glenarty Creek mineral sands deposit, part of the Perth
Basin in Western Australia.
Inc. entered into a long-term offtake agreement with
global paint producer PPG Industries Inc.
Funds (RCF) number VI fund bought a 12% stake in
MZI Resources through a $3m share placement at
Australian dollar (A$) 0.01296/share ($0.01188).
Resource Management &
Mining (RMM) Capital Ltd-owned Goondicum ilmenite mine
in Queensland, Australia, shut down production.
TNG Ltd undertook
a share purchase plan for up to A$15,000 ordinary shares at an
issue price of A$0.045 per share. As well as this, the parent
company of the group undertaking the definitive feasibility
study on TNGs Mount Peake project, Allmine Group Ltd, was
placed into voluntary liquidation.
Ltd sold 6% of its equity to Hong Kong-based Perpetual
Mining Holding Ltd - whose shareholders already hold 19.8% of
the company - for $2m to help with the development of its
Cyclone zircon project, Western Australia.
said it could produce up to 89,000 tpa ilmenite, 5,400 tpa
leucoxene, 9,000 tpa rutile and 32,400 tpa zircon over 10 years
from its Atlas and Boonanarring deposits in the Perth Basin,
DuPont said it
would divest its TiO2 business. Later in July it
agreed to settle an antitrust class action lawsuit out of
court, where the company and the four other major
TiO2 pigment producers had been accused of price
fixing between 2002 and 2010.
Ltd confirmed high-grade zircon and ilmenite products
from its Thunderbird deposit, which is part of its Dampier
project, in the Canning basin, Western Australia.
definitive feasibility study said it could produce 106,000 tpa
of primary zircon and 14,000 tpa of secondary zircon from its
Donald project in Western Australia.
abruptly withdrew from its agreement to develop WTRs
Toliara ilmenite mine in Madagascar, citing WTRs
recent capital raise and management change as the
Sangyo Kaisha Ltd
(ISK) closed its Singapore plant to help reduce business
Ltd agreed to acquire the issued capital of Sri Lankan
PKD Resources and its associated mineral sands tenements.
Mineral sand miners took to the
streets to protest against a ban into beach sand mining in
south Tamil Nadu, India. The ban came into
play after it was revealed that miners were exploring in 30
hectares of beach, instead of four.
the organic pigment business of Jiangsu Multicolor Fine
Chemical Co. Ltd (JMC) based in Jiangsu Province, China. As
part of this project, Clariant said it would also build a world
scale pigment PV23 plant in Zhenjiang, Jiangsu, thus expanding
its reach into Asian markets.
Rockwood sold its
entire TiO2 pigments business to Huntsman
Corp, for $1.1bn.
started ore processing through the mining unit and wet
concentrator at its Kwale deposit in Kenya.
received a $41.5m funding package for its Keysbrook minerals
sands project from Resource Capital Fund.
acquired all shares in a Sri Lankan mineral sand mining
company, PKD Resources, for $5m.The deposit, in Puttalam,
formed the largest heavy mineral (HM) resource in Ilukas
a 50% stake and management control of Sadolin Paints Oman
relocated its regional office for automotive refinish
operations in Southwest China to the Chengdu Economic and
Technological Development Zone.
Huntsman Corp. was
upgraded to Buy status by analysts at Goldman
Sachs, despite the fact that analysts admitted the
TiO2 market had bottomed.
discovered zircon-rich heavy mineral sand (HMS) mineralisation
160 km north of its Urquhart Point zircon-rutile project in
said in its annual report that it would produce a definitive
feasibility study for its Barrambie resource in Australia by
completed its first drilling programme at the companys
80% owned Jangamo heavy mineral sands project in southern
confirmed in a regulatory filing that it was in takeover talks
with interested parties. It also announced
that it has entered into a 50,000 tonne rutile sales contract
with an unnamed major pigment producer.
US chemical manufacturer
Southern Ionics said that it would bring
zircon mines online in Georgia, US, in order to support its
growing zirconium oxychloride (ZOC) business.
Long term TiO2
fundamentals are strong, even if the market is facing
challenging conditions,ÊJames McCullough, manager for
industry analysis at Rio Tinto said.
An appeal was filed against
Tronoxs Water Permit at its KZN Sands
Fairbreeze mine in South Africa, stalling work.
said that its Moma ilmenite project in Mozambique returned to
full production after a fire partially destroyed its wet
concentrator plant A.
Sibelco was given
the all-clear by the Queensland Government to mine on North
Stradbroke Island until 2035, after a lengthy process to appeal
the North Stradbroke Island Protection and Sustainability Act,
which was passed by the previous administration.
Trimex Sands Pvt.
Ltd said it would invest Indian rupee (Rs) 150 crore
($245,565) on expanding its facilities. The company intends to
increase its production to about 450,000 tpa.
Sierra Rutile Ltd signed
a MoU with Smol Pawa Sierra Leone Ltd. with the
objective of being a cornerstone purchaser in respect to its
Moyamba hydro project.
upgraded its indicated resource at its Urquhart Point HM sand
project, in accordance to the JORC Code 2012.
Latin Resources sold 70% of its Ilo Norte
project, to fund further exploration of its mineral sand
project Guadalupito in Peru.