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05/06/11
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Founded in 1997 under the name Arianne Resources Inc., Arianne Phosphate Inc. (on TSX-V under the symbol, “DAN”) is a Canadian mineral exploration company now focused on developing its Lac à Paul greenfield project, one of the most important in the world.
The Lac à Paul project consists of the operation of an open-pit phosphate mine in the Saguenay-Lac-Saint-Jean region, located in Quebec, Canada. Every day, 55 000 tonnes of ore will be processed in order to produce 3 million tonnes of phosphate concentrate (apatite) per year. Approximately 1000 direct and indirect jobs will be created for the 26-year life of mine.