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...

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