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  • World Titanium Resources To Update JV With Sichuan Lomon For Ranobe 0 comments
    Jun 18, 2013 9:41 PM

    World Titanium Resources (ASX: WTR) has been granted a trading halt by the ASX this morning, with its shares placed in pre-open, pending an announcement on the joint venture with Sichuan Lomon for the development of the Ranobe mine project.

    Ranobe is located in Madagascar, and has a Mineral Resource of 959 million tonnes at 6.1% total heavy mineral. The Maiden Ore Reserve is 161 million tonnes at 8.2% total heavy mineral.

    The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Friday 21st June 2013.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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