Titanium Corp. reduces 2015 net loss as development of tailings recovery process continues
By Kasia Patel
Published: Wednesday, 02 December 2015
The company is in the process of developing its oil sands tailings recovery process, which will enable it to eliminate some of the challenges associated with tailings ponds and to extract valuable commodities such as ilmenite, leucoxene and zircon.
Development stage company Titanium Corp. has reported a net
loss of $2.5m for the year ended 31 August 2015 as the firm
continues to make progress on its heavy minerals extraction
process.
Net loss was reduced by $500,000 compared with the previous
year, ending in August 2014, as a...