Thursday 30 September 2010

Titanium Resources Group Ltd : Appointment of Non-Executive Directors

Titanium Resources Group Ltd

Appointment of Non-Executive Directors

30 September 2010: The Board of Titanium Resources Group Ltd (“TRG” or “the Company”) is pleased to announce that it yesterday appointed Jan Castro and Michael Barton as Non-Executive Directors of the Company with immediate effect.

Jan Castro

Mr. Castro is the Managing Director of Pala Investments AG, the exclusive advisor to Pala Investments Holdings Limited, a US$ 1.0 billion investment company focused on the mining and natural resources sector. As a long-term partner, Pala leverages its extensive mining and natural resources sector experience to provide strategic advice and innovative financing solutions.

Prior to founding Pala in July 2006, Mr. Castro was Senior Vice President of Investments and Corporate Affairs for Mechel OAO, where his primary responsibilities covered mergers and acquisitions, non-core asset disposals and investor and public relations.  Mechel is a NYSE-listed company and one of Russia's largest integrated mining and steel companies, focused on coal, iron ore, nickel and steel products, Mr. Castro was responsible for Mechel's IPO in 2004.

Mr. Castro currently serves on the Boards of Anatolia Minerals Development Ltd, Avoca Resources Limited, Churchill Mining PLC and several private companies.

Mr. Castro received his J.D. and B.A. from Columbia University.

Michael Barton

Mr. Barton is a finance professional who has worked in the natural resources sector for the duration of his career.  He is currently Vice President at Pala Investments AG, the exclusive advisor to Pala Investments Holdings Limited, and prior to that was Vice President at Hatch Corporate Finance, a company specializing in providing corporate finance advisory services to the metals and mining industry.  Mr. Barton currently serves on the boards of Dumas Contracting Ltd., Norcast Wear Solutions Limited and New Birmingham Inc. 

Mr. Barton is a qualified chartered accountant and a member of the Securities and Investment Institute.

Wayne Malouf, Executive Chairman, said:

“On behalf of my fellow directors I am delighted to welcome Jan Castro and Mike Barton to the Board of TRG.  Their significant experience in the natural resources sector strengthens the Company, and we look forward to working with them to realize the full potential of TRG’s world-class asset.”

 

ENDS

For further information:

 

Titanium Resources Group

Wayne Malouf, Executive Chairman

John Sisay, Chief Executive

Tel: +44 (0) 20 7321 0000

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Tuesday 28 September 2010

AGOA Exports : Up 94 Percent Y-O-Y to USA as beneficiaries continue to increase

http://www.givengain.com/cgi-bin/giga.cgi?cmd=cause_dir_news_item&news_id=93266&cause_id=1694 tralac - trade law centre for southern africa New export data to July 2010 has been updated on AGOA.info. Exports to the US by AGOA beneficiaries continue to increase, and are up 94% on a year-on-year ...

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Malagasy abandons merger plans - The West Australian

http://au.news.yahoo.com/thewest/business/a/-/business/8007287/malagasy-abandons-merger-plans/
Malagasy abandons merger plans - The West Australian
Malagasy Minerals says it has decided against its proposed merger with Madagascar Resources after last week announcing encouraging drilling results from its ... Malagasy Minerals says it has decided against its proposed merger with Madagascar Resources after last week announcing encouraging drilling results from its Ianapera nickel-copper project in Madagascar, which sent its shares soaring. "Malagasy believes that, while the proposed combination of the assets of the two companies in Madagascar has strategic merit, it is not in Malagasy shareholders' best interests to proceed with the merger at this time," the company said in a statement. Malagasy said the termination of the merger freed it to concentrate on further drilling at its Ianapera project. Last week the company announced it had intersected a zone of massive and disseminated sulphides in its first drill hole into the target. "Drilling is continuing at Ianapera, where Malagasy is testing up to 11 massive sulphide gossans containing anomalous nickel, copper and PGEs, located in the north-eastern part of its broader Ampanihy project," the company said. Shares in the company are set to emerge from a trading halt this morning having last changed hands for 21 cents. Source : http://au.news.yahoo.com/thewest/business/a/-/business/8007287/malagasy-abandons-merger-plans/

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Saturday 25 September 2010

Swaziland became eligible for the African Growth and Opportunity Act (AGOA),in 2000

http://www.cmemarkets.com/v3/2010/09/24/background-notes-swaziland-2-of-3/ Background Notes Swaziland 2 of 3 | Cmemarkets.com - Business News ... By admin South Africa and the European Union are major customers for Swazi exports. Swaziland became eligible for the African Growth and Opportunity Act (AGOA) in 2000 and qualified for the apparel provision in 2001. AGOA created over 30000 jobs ...

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Thursday 23 September 2010

Malagasy Minerals in trading halt re. proposed merger with Madagascar Resources NL

NEWS


Malagasy Minerals in trading halt

Published 10:20 AM, 22 Sep 2010


Source: News Bites

Malagasy Minerals Ltd requested a trading on September 22, 2010 pending an announcement
 by the company about the proposed merger with Madagascar Resources NL announced on
 May 26 this year. Trading will resume on Friday, September 24, or on an earlier announcement.

STOCK DASHBOARD: September 22, 2010

Malagasy Minerals

Closing Price September 21, 2010: 21.0c

Price change from previous trading day: 2.4%

Relative Strength (6 months percentile rank): 99.0

Market capitalisation: $22.9 million

Price/Earnings: -10.0 times

Turnover volume: 3,301,251.0

Volume Index (1 is average): 8.2

Turnover value: $705,328

Turnover period: 1 year 18 days

Value of $1,000 invested 1 year ago: $3,500

Source: www.BuySellTips.com


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NEWS

Zambia assumes AGOA forum chairmanship

http://timeszambiapost.com/zambia-assumes-agoa-forum-chairmanship-6617.htm Zambia assumes AGOA forum chairmanship and Zambia covered in Zambia assumes AGOA forum chairmanship. Zambia's participation at 2010 AGOA forum The African Growth Opportunity Act , a United States – Sub Saharan Africa Trade and Economic Cooperation partnership widely known as the AGOA Forum held its ... <http://www.zambianwatchdog.com/?p=8878> Kenya: Textile firms protest at port delays - AGOA.info > Resource ... The African Growth and Opportunity Act (AGOA) is an Act promulgated in the United States that significantly liberalises trade between the US and 38 ... <http://www.agoa.info/?view=.&story=news&subtext=1335> AGOA Angolan minister of Commerce Idalina Valente... - Jean ... AGOA Angolan minister of Commerce Idalina Valente stresses AGOA importance. <http://friendfeed.com/jeanraymondboulle/fb6e536b/agoa-angolan-minister-of-commerce-idalina>

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Posted via email from AGOA :The African Growth and Opportunity Act

Zambia assumes AGOA forum chairmanship

http://timeszambiapost.com/zambia-assumes-agoa-forum-chairmanship-6617.htm Zambia assumes AGOA forum chairmanship and Zambia covered in Zambia assumes AGOA forum chairmanship. Zambia's participation at 2010 AGOA forum The African Growth Opportunity Act , a United States – Sub Saharan Africa Trade and Economic Cooperation partnership widely known as the AGOA Forum held its ... <http://www.zambianwatchdog.com/?p=8878> Kenya: Textile firms protest at port delays - AGOA.info > Resource ... The African Growth and Opportunity Act (AGOA) is an Act promulgated in the United States that significantly liberalises trade between the US and 38 ... <http://www.agoa.info/?view=.&story=news&subtext=1335> AGOA Angolan minister of Commerce Idalina Valente... - Jean ... AGOA Angolan minister of Commerce Idalina Valente stresses AGOA importance. <http://friendfeed.com/jeanraymondboulle/fb6e536b/agoa-angolan-minister-of-commerce-idalina>

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