Titanium

Manitoba’s Gossan Resources investing in Greece, undertaking private placement

Gossan Resources Limited (TSX VENTURE:GSS)(FRANKFURT/FREIVERKEHR & XETRA:WKN 904435) has signed a Letter of Intent (LOI) with East Mining Company SA (“EMC”) of Athens, Greece, to investigate and examine the possibilities of acquiring mineral projects within Europe, on a non-exclusive basis, and initially to assess three potential projects in Greece. Additional projects may be pursued.

Maybe some World Series product placement will give gold a boost

Since gold has slid nearly 20% since hitting a high of $1,900 in September, maybe the precious metal can get a lift from some “magical necklaces” worn by baseball players.

Necklaces that contain gold and titanium are starting to catch on with professional athletes who believe wearing them can help improve their performance.

Phiten markets the necklaces, as well as wrist bands, athlete’s tape and other products. The company started in Japan whose founder, Yoshihiro Hirata, was seeking ways to alleviate chronic pain. The company says that metals like gold and titanium are broken down into microscopic particles dispersed in water and then added to its materials.

Moon contains rich deposits of titanium

Scientists have found that the moon contains rich titanium deposits.

Mark Robinson from Arizona State University and Brett Denevi from John Hopkins University, who were expanding on previous studies, used spectrum analysis to determine the chemical composition of the lunar surface using images taken by the Lunar Reconnaissance Orbiter and Hubble Telescope.

They found that lunar mares, dark basilic plains caused by ancient volcanic eruptions, have titanium abundances ranging from one to 10 percent.

Big names boost Kenya’s largest mining project

BASE Resources says it is close to announcing offtake deals for Kenya’s biggest mining project, the $US256 million ($239m) Kwale mineral sands operation.

Base managing director Tim Carstens said Dupont and Cristal Global, the world’s two largest titanium dioxide producers, were among parties interested in offtake. One deal “that I hope to announce next week, will account for about 35 per cent of our revenue and they are a big name”, Mr Carstens said yesterday at the Africa Downunder mining conference in Perth.

Goldrea Enters Into an Agreement to Purchase Wigwam Magnetite Prospect

Larry W. Reaugh, President & C.E.O. of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) (“Goldrea” or the “Company”) is pleased to report the company has entered into an agreement to purchase 100% (subject to a 2% NSR) of the WigWam Magnetite, Iron, Titanium, Vanadium and Silver Project (1237 hectares/3056.8 Acres), located at WigWam Bay, 8 Kilometers southwest of the head of Seymour Inlet, British Columbia from John Thom Shearer of Coquitlam, B.C.

AMG enters into tantalum supply agreements

AMG Advanced Metallurgical Group N.V. (“AMG,” EURONEXT AMSTERDAM: “AMG”) through its Advanced Materials Division, entered into supply agreements with traditional customers for all of its tantalum concentrate production through the end of 2012 at fixed prices based upon the current …

White Mountain Readies Cerro Blanco Titanium Project for Final Feasibility

White Mountain Titanium Corporation is making preparations for the start of the final engineering feasibility study at its Cerro Blanco titanium project in Region III of Northern Chile.  Read more

Metalysis looking for partners for titanium plant

The British technology firm says it is in talks with potential partners to help it build a $10, low-cost titanium plant. Read ore