Part of the Stock Digest group of websites: Visit Tech Stock Digest  
  • Founded in 1997 under the name Arianne Resources Inc.
  • Listed on the Toronto Stock Exchange in 2003 TSX-Venture under the symbol « DAN »
  • Headquarters: Saguenay, Quebec, Canada
  • Sole project: Lac à Paul
  • Deposit amongst the largest of its type in the country
  • Very high-quality,  almost contaminant-free phosphate rock concentrate grading approximately 39% P2O5

The Lac à Paul project consists of the operation of an open-pit phosphate mine in the Saguenay-Lac-Saint-Jean region of Quebec. Every day, 55 000 tonnes of ore will be processed in order to produce 3 million tonnes of phosphate concentrate per year. Approximately 1000 jobs will be created for the 25-year life of mine.

On October 25, 2013, Arianne Phosphate released the completion of the feasibility study of its Lac à Paul Phosphate Mine Project. The FS outlines an open pit mine, a concentrator producing a high quality apatite concentrate, as well as a transport system delivering the product, year round, to a deep-water port on the Saguenay River.

Arianne Phosphate completed the permitting process by receiving the approval from the Cabinet of the Government of Quebec for the Lac à Paul project on December 22, 2015, which gives the permission it needs to go ahead with its development, an important step in the process. The Company will continue its ongoing discussions with potential corporate, strategic and financial partners.

 

 

Latest Stock Info

60 Second Press Releases

Analyst Coverage

Subscribe to the RSD email list and get the latest resource stock activity directly to your inbox, for free.

MARKET SUMMARY

INDICES

Name Last Change
DOW 22024.90 25.88
S&P 500 2468.11 3.50
NASDAQ 6345.11 12.095
TSX 15082.21 15.63
TSX-V 769.49 0.38

Resource Commodities

Name Last Change
Gold 1287.76 7.36
Silver 17.13 0.00
Copper 2.95 2.37%
Platinum 979.00 0.000
Oil 46.78 1.65%
Natural Gas 2.89 1.56%
Uranium 20.93 N/A
Zinc 1.33 0.0215

@RSDigest ON TWITTER