Welcome to our dedicated page for Titan Mining news (Ticker: TIMCF), a resource for investors and traders seeking the latest updates and insights on Titan Mining stock.
Titan Mining Corporation (TIMCF) is a specialized leader in zinc exploration and mineral extraction, utilizing advanced drilling techniques and sustainable mining practices. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments and operational milestones.
Access authoritative information including earnings announcements, strategic partnerships, and exploration progress reports. Our curated collection ensures you stay informed about resource estimates, production guidance updates, and key operational decisions impacting Titan Mining's position in the metals sector.
Regularly updated with verified press releases and objective analysis, this resource serves as your primary source for understanding Titan Mining's activities in underground operations, ore processing innovations, and mineralized zone discoveries. Discover comprehensive coverage of drilling program results, milling capacity expansions, and geological survey findings.
Bookmark this page for direct access to Titan Mining's official communications and third-party analyses. Monitor critical updates on inventory management strategies, equipment maintenance cycles, and quality control initiatives that shape the company's performance in competitive mineral markets.
Titan Mining Corporation (TSX: TI) reported strong results for the year ended December 31, 2022, highlighting a record zinc production of 52.5 million payable pounds, an 11.6% revenue increase to $62 million, and a record $15 million in net cash flow. The company announced a quarterly cash dividend yielding 8.5%. Significant progress was made on the Sphaleros expansion project, expected to enhance productivity in late 2023 and into 2024. 2023 exploration is being prioritized with an increased budget targeting 80,000 acres. Despite these achievements, Titan reported a net loss of $4.08 million for FY 2022.
Titan Mining Corporation has declared a C$0.01 quarterly cash dividend per common share, amounting to approximately C$1.4 million based on the current shares outstanding. This annualized dividend of C$0.04 represents a yield of 6.5% calculated from the closing share price of C$0.61 on March 6, 2023. The dividend will be payable on April 14, 2023, to shareholders on record as of March 31, 2023. This action aligns with Titan’s previously adopted policy of declaring quarterly dividends.
