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WMTM White Mountain Titanium Corp. featured news, full reports, and detailed charts

White Mountain Titanium Corp. (WMTM/WMTM.OB) Wrap Up:

White Mountain Titanium Corporation engages in the exploration and development of titanium deposits or reserves. It holds interests in titanium deposits or reserves on the Cerro Blanco mining concessions covering approximately 8,225 hectares and located at approximately 39 kilometers west of the city of Vallenar in the Atacama geographic region of northern Chile. The company was founded in 2001 and is based in Vancouver, Canada.
www.wmtcorp.com
2 Employees
Founded in 2001

White Mountain Titanium Corp. (WMTM:OTC Bulletin Board Market)

LAST $0.92 USD
CHANGE TODAY +0.02 2.22%
VOLUME 17.5K
As of 3:56 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of White Mountain Titanium Corp. (WMTM)

OPEN
$0.93
PREVIOUS CLOSE
$0.90
DAY HIGH
$0.93
DAY LOW
$0.92
52 WEEK HIGH
06/24/09 - $1.06
52 WEEK LOW
02/26/09 - $0.31
MARKET CAP
33.1M
AVERAGE VOLUME 3 mo
26.1K
DILUTED EPS TTM
--
SHARES OUTSTANDING
36.0M
WMTM Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

WMTM Top Compensated Officers

Mr. Michael P. Kurtanjek
Chief Executive Officer, President and Execut...
Age: 57
Total Annual Compensation: $158.8K
Mr. Chuck Jenkins BA, CGA
Chief Financial Officer, Principal Accounting...
Age: 53
Total Annual Compensation: $72.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for White Mountain Titanium Corp. (WMTM)

White Mountain Titanium Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

White Mountain Titanium Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss before other items of $433,433 and net income and comprehensive income of $573,995 or $0.02 per basic and diluted share compared to loss before other items of $817,808 and net loss and comprehensive loss of $955,874 or $0.03 per basic and diluted share for the same period of last year. For the six months, the company reported loss before other items of $2,522,125 and net loss and comprehensive loss of $3,404,489 or $0.10 per basic and diluted share compared to loss before other items of $2,625,262 and net loss and comprehensive loss of $2,719,745 or $0.09 per basic and diluted share for the same period of last year. The company reported cash used in operating activities of $891,010 and addition to property and equipment of $4,153 compared to cash used in operating activities of $1,355,796 and addition to property and equipment of $79,666 for the same period of last year. Cash used in operating activities was $1,261,899 against $2,661,822 last year. Additions to property and equipment was $25,091 against $85,780 last year.

White Mountain Titanium Corp. Reports on Metallurgical Test Work Programs

White Mountain Titanium Corp. reports that rutile locked cycle, feldspar concentrate and Stage 2 pilot plant test work programs currently underway at SGS Lakefield are proceeding well. Rutile locked cycle and initial feldspar concentrate test work have been completed with encouraging results and Stage 2 pilot plant test work is scheduled for completion at the end of October 2009, with full results available to the company by the middle-to-end of November 2009. The primary objective of the test work is to produce a natural rutile, titanium dioxide concentrate which meets the chemical and particulate specifications of titanium pigment and metal producers. A secondary objective is to produce a co-product feldspar concentrate which meets the chemical specifications of glass and ceramics producers. For purposes of the test work, a representative bulk sample of the Las Carolinas deposit totalling 275 tonnes was shipped to SGS in late August 2009. The head grade of the bulk sample averaged in excess of 2.9% TiO2. Drawing upon a process flow sheet and procedures which have been developed and refined over the past two years, the bulk sample is first crushed to-1/2 inch and then ground to a particle size no finer than 100 mesh. The ground sample then passes through a gravity pre-concentration circuit where non-mineralized material is rejected and mineralized material, collected. The collected mineralized material is expected to represent approximately 50% by volume of the total material passing through the gravity pre-concentration circuit, with a corresponding increase in grade.

White Mountain Titanium Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2009

White Mountain Titanium Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported loss before other items of $1,500,283 and net loss and comprehensive loss of $1,488,475 or $0.05 per share compared to loss before other items of $1,117,096 and net loss and comprehensive loss of $1,125,768 or $0.04 per share for the same period of last year. For the six months, the company reported loss before other items of $2,088,692 and net loss and comprehensive loss of $2,077,022 or $0.06 per share compared to loss before other items of $1,807,454 and net loss and comprehensive loss of $1,763,871 or $0.06 per share for the same period of last year. The company reported cash used in operating activities of $891,010 and addition to property and equipment of $4,153 compared to cash used in operating activities of $1,355,796 and addition to property and equipment of $79,666 for the same period of last year.

otc, otcbb, pinksheet, WMTM, ob White Mountain Titanium Corp.

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WMTM

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WMTM transactions

Type
Date
Target
Private Placement
September 11, 2009
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More Recent News About White Mountain Titanium Corp.

More news for WMTM

White Mountain Seeks to Further Simplify Stage 2 Pilot Plant Process Flow Sheet With Optimization Test Work

SANTIAGO, Chile, Nov. 17 /PRNewswire-FirstCall/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM - News) reports that it has engaged SGS Lakefield ("SGS") in Ontario, Canada to complete an optimization test work program to examine whether the Stage 2 pilot plant flow sheet can be further simplified. The work will be completed by November 27 to coincide with the scheduled disassembly of the pilot plant. Under the new scope of work, SGS will compare the performance of spirals and Knelson concentrators with gravity tables and cyclones in the gravity pre-concentration circuit and salt water with fresh water as the aqueous medium in the flotation circuit. The adoption of spirals and Knelson concentrators would simplify and reduce the floor area occupied by the pre-concentration circuit and the use of salt water would potentially lower the development and operating costs of a full size plant. Earlier bench scale test work at SGS indicated that Cerro Blanco process flow sheet recoveries were unaffected by the use of salt water in the flotation circuit and the new test work will seek to corroborate these results at a pilot scale.As with the Stage 2 pilot plant test work program, the optimization test work program will be overseen by Company management and technical staff from the Santiago office of AMEC, the Company's principal engineering consultant. Results from the optimization test work program will form an addendum to the final Stage 2 pilot plant report....
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WHITE MOUNTAIN TITANIUM CORP Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis The following discussion should be read in conjunction with our unaudited consolidated financial statements and related notes thereto as filed with this report. Background We are a mineral exploration company. We hold mining concessions composed of 33 registered mining exploitation concessions, and 5 exploration concessions, over approximately 8,225 hectares located approximately 39 kilometers west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile (hereinafter referred to as "Cerro Blanco"). We are in the exploration stage, which means we are engaged in the search for mineral deposits or reserves which could be economically and legally extracted or recovered. Our primary expenditures at this stage consist of acquisition and exploration costs and general and administration expenses. We have produced no revenues, have achieved losses since inception, have no operations, and currently rely upon the sale of our securities to fund our operations. Plan of Operation We completed the acquisition of an undivided interest in Cerro Blanco in September 2005. Exploration drilling by us and the previous owner has defined rutile mineralization. Metallurgical test work performed by Lakefield Research has demonstrated that this mineralization can be concentrated to a level meeting buyer specifications and can be produced using a conventional milling and flotation process. Over the next twelve to twenty-four months we have two principal objectives: to advance the project towards a final engineering feasibility level and to secure off-take contracts for the planned rutile concentrate output. We also continue to investigate the commercial viability of producing a feldspar co-product. The feldspar could find applications in the glass and ceramics industries. Marketing We commenced a marketing and market awareness program in 2007 directed at potential buyers o...
Click here to read the whole Article (external link)

White Mountain Reports Completion of Stage 2 Pilot Plant Test Work Program

SANTIAGO, Chile, Nov. 5 /PRNewswire-FirstCall/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM - News) reports that it has completed the Stage 2 pilot plant test work program on time and on budget. The program, which was carried out at SGS Lakefield ("SGS") in Ontario, Canada, was overseen by Company management and technical staff from the Santiago office of AMEC, the Company's principal engineering consultant. The primary objective of the test work was to produce a natural rutile, titanium dioxide concentrate which meets the chemical and particulate specifications of titanium pigment and metal producers. The Stage 2 pilot plant test work program was conducted over a period of 10 days and was completed on October 30, 2009. The program consisted of a series of 9 hour trials culminating in a continuous 60 hour test run. Crushed bulk sample material with an average grade of 2.9% TiO2 was ground to a fineness of 100 mesh and conveyed to a gravity pre-concentration circuit at an average rate of 1.2 tonnes per hour. The gravity pre-concentration circuit rejected approximately 50% of non-mineralized material and the resultant mineralized material was slurried to the flotation circuit at an average rate of 650 Kg per hour. The process flow sheet and procedures employed are more particularly described in a news release issued by the Company on October 20, 2009.SGS expect to complete a final report on the Stage 2 pilot plant test work by the end...
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White Mountain Progress Report on Metallurgical Test Work Programs

SANTIAGO, Chile, Oct. 20 /PRNewswire-FirstCall/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM - News) reports that rutile locked cycle, feldspar concentrate and Stage 2 pilot plant test work programs currently underway at SGS Lakefield ("SGS") are proceeding well. Rutile locked cycle and initial feldspar concentrate test work have been completed with encouraging results and Stage 2 pilot plant test work is scheduled for completion at the end of October 2009, with full results available to the Company by the middle-to-end of November 2009. The primary objective of the test work is to produce a natural rutile, titanium dioxide concentrate which meets the chemical and particulate specifications of titanium pigment and metal producers. A secondary objective is to produce a co-product feldspar concentrate which meets the chemical specifications of glass and ceramics producers. For purposes of the test work, a representative bulk sample of the Las Carolinas deposit totalling 275 tonnes was shipped to SGS in late August 2009. The head grade of the bulk sample averaged in excess of 2.9% TiO2.Drawing upon a process flow sheet and procedures which have been developed and refined over the past two years, the bulk sample is first crushed to -1/2 inch and then ground to a particle size no finer than 100 mesh. The ground sample then passes through a gravity pre-concentration circuit where non-mineralized material is rejected and mineralized material, collected. ...
Click here to read the whole Article (external link)

White Mountain Completes Private Placement Financing

SANTIAGO, Chile, Oct. 19 /PRNewswire-FirstCall/ -- White Mountain Titanium Corporation ("White Mountain" or the "Company") (OTC Bulletin Board: WMTM - News) reports that it has completed a private placement financing consisting of 1,496, 930 common shares at a price of US$0.65 per share for gross proceeds of US$973,005. Third party advisory fees related to the financing total $68,110 plus 104,785 common share broker warrants, these warrants having an exercise price of US$0.90 per common share and term of 18 months from closing.The placement was taken up by accredited investors in the United States."Proceeds from this financing will be applied to the costs of advancing the Cerro Blanco project towards final feasibility, including the Stage 2 pilot plant test work currently underway at SGS Lakefield in Ontario," said Michael Kurtanjek, the Company's President and CEO.About White Mountain Titanium CorporationThe Company holds mining concessions on the Cerro Blanco property currently consisting of 33 registered mining exploitation concessions and five mining exploration concessions in the process of being constituted, over approximately 8,225 hectares located approximately 39 kilometres west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile. The Company's principal objectives are to advance the Cerro Blanco project towards a final engineering feasibility, and to secure off-take contracts for the planned rutile concentrate output. It would be the int...
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WHITE MOUNTAIN TITANIUM CORP Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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WHITE MOUNTAIN TITANIUM CORP Files SEC form 10-Q/A, Quarterly Report

Item 2. Management's Discussion and Analysis The following discussion should be read in conjunction with our unaudited consolidated financial statements and related notes thereto as filed with this report. Background We are a mineral exploration company. We hold mining concessions composed of 33 registered mining exploitation concessions, and 5 exploration concessions, over approximately 8,225 hectares located approximately 39 kilometers west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile (hereinafter referred to as "Cerro Blanco"). We are in the exploration stage, which means we are engaged in the search for mineral deposits or reserves which could be economically and legally extracted or recovered. Our primary expenditures at this stage consist of acquisition and exploration costs and general and administration expenses. We have produced no revenues, have achieved losses since inception, have no operations, and currently rely upon the sale of our securities to fund our operations. Plan of Operation We completed the acquisition of an undivided interest in Cerro Blanco in September 2005. Exploration drilling by us and the previous owner has defined rutile mineralization. Metallurgical test work performed by Lakefield Research has demonstrated that this mineralization can be concentrated to a level meeting buyer specifications and can be produced using a conventional milling and flotation process. Over the next twelve to twenty-four months we have two principal objectives: to advance the project towards a final engineering feasibility level and to secure off-take contracts for the planned rutile concentrate output. We also continue to investigate the commercial viability of producing a feldspar co-product. The feldspar could find applications in the glass and ceramics industries. Marketing We commenced a marketing and market awareness program in 2007 directed at potential buyers o...
Click here to read the whole Article (external link)

WHITE MOUNTAIN TITANIUM CORP Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis The following discussion should be read in conjunction with our unaudited consolidated financial statements and related notes thereto as filed with this report. Background We are a mineral exploration company. We hold mining concessions composed of 33 registered mining exploitation concessions, and 5 exploration concessions, over approximately 8,225 hectares located approximately 39 kilometers west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile (hereinafter referred to as "Cerro Blanco"). We are in the exploration stage, which means we are engaged in the search for mineral deposits or reserves which could be economically and legally extracted or recovered. Our primary expenditures at this stage consist of acquisition and exploration costs and general and administration expenses. We have produced no revenues, have achieved losses since inception, have no operations, and currently rely upon the sale of our securities to fund our operations. Plan of Operation We completed the acquisition of an undivided interest in Cerro Blanco in September 2005. Exploration drilling by us and the previous owner has defined rutile mineralization. Metallurgical test work performed by Lakefield Research has demonstrated that this mineralization can be concentrated to a level meeting buyer specifications and can be produced using a conventional milling and flotation process. Over the next twelve to twenty-four months we have two principal objectives: to advance the project towards a final engineering feasibility level and to secure off-take contracts for the planned rutile concentrate output. We also continue to investigate the commercial viability of producing a feldspar co-product. The feldspar could find applications in the glass and ceramics industries. Marketing We commenced a marketing and market awareness program in 2007 directed at potential buyers o...
Click here to read the whole Article (external link)

WHITE MOUNTAIN TITANIUM CORP Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for WHITE MOUNTAIN TITANIUM CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for WHITE MOUNTAIN TITANIUM CORP 21-Jul-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for inform...
Click here to read the whole Article (external link)

WHITE MOUNTAIN TITANIUM CORP Files SEC form 10-Q, Quarterly Report

Item 2. Management's Discussion and Analysis The following discussion should be read in conjunction with our unaudited consolidated financial statements and related notes thereto as filed with this report. Background We are a mineral exploration company. We hold mining concessions composed of 33 registered mining exploitation concessions, and 5 exploration concessions, over approximately 8,225 hectares located approximately 39 kilometers west of the City of Vallenar in the Atacama, or Region III, geographic region of northern Chile (hereinafter referred to as "Cerro Blanco"). We are in the exploration stage, which means we are engaged in the search for mineral deposits or reserves which could be economically and legally extracted or recovered. Our primary expenditures at this stage consist of acquisition and exploration costs and general and administration expenses. We have produced no revenues, have achieved losses since inception, have no operations, and currently rely upon the sale of our securities to fund our operations. Plan of Operation We completed the acquisition of an undivided interest in Cerro Blanco in September 2005. Exploration drilling by us and the previous owner has defined rutile mineralization. Metallurgical test work performed by Lakefield Research has demonstrated that this mineralization can be concentrated to a level meeting buyer specifications and can be produced using a conventional milling and flotation process. Over the next twelve to twenty-four months we have two principal objectives: to advance the project towards a final engineering feasibility level and to secure off-take contracts for the planned rutile concentrate output. We also continue to investigate the commercial viability of producing a feldspar co-product. The feldspar could find applications in the glass and ceramics industries. Marketing We commenced a marketing and market awareness program in 2007 directed at potential buyers o...
Click here to read the whole Article (external link)

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