CAPITAL MARKETS

Ticor releases Madagascar resource

AUSTRALIAN-listed heavy mineral (HM) producer Ticor has announced a reserve estimate for the Ranobe deposit, part of its Toliara sands project in Madagascar, of 465 million tonnes grading 6.2% HM for 28.7Mt of contained HM.

Brad Ricks
Ticor releases Madagascar resource

No other details were released about the resource estimate except that it contained an average ilmenite grade of 71%, rutile 1.4% and zircon 5.6%, while a pre-feasibility study was said to be close to...

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