Equinox Resources (ASX:EQN) says the discovery of titanium at its Mata da Corda Rare Earth Project in Brazil could serve as a valuable byproduct.  The explorer undertook surface clay and channel clay sampling which returned grades of up to 3,274 parts per million total rare earth oxides (TREO) and up to 18.9% titanium dioxide.  Managing Director Zac Komur says the significant anomalies of titanium position Equinox to add a valuable secondary product to the company’s rare earth clay basket.     “The results have identified drill targets across three prospects,” he says.  “As we navigate through the necessary environmental approvals and land access requirements we are preparing to commence drilling in early Q3 CY2024.” Titanium’s high strength and light weight when combined with iron aluminium and molybdenum make it ideal for use in aerospace Around 90% of demand though is for titanium dioxide pigment Titanium has been declared a critical mineral by the Australian Government and European Union Grand View Research estimates that the global titanium dioxide market value which was worth US$18.82 billion ($28.25 billion) in 2022 will grow at a compound annual rate of 6.3% between now and 2030.  Estimated global demand for titanium is around 7.5 million tonnes per annum.  Equinox says the high grades of TREO and titanium oxide in the samples which were collected along road cuts and within private rural properties confirm the “significant potential” of the Patos de Minas The company is now planning to start maiden drilling in July.   Write to Angela East at Mining.com.au  Flagship eyes potential to expand Pantanillo’s mineralisation Flagship Minerals (ASX:FLG) is undertaking an ongoing data review of the Pantanillo.. Great Boulder plots more holes at Ironbark Resources Sector Awards for Excellence nominations open African Mining Week spotlights women in leadership ABC Refinery: Back to the future with... ASX feeling a bit deflated, gold rebounds      Pacgold accelerates Alice River with new resource Plug-in hybrid EV sales decline amid slowing... Stay Informed on up-to-the-minute mining news Get the best articles straight to your inbox ABC Refinery: Back to the future with Trump’s tariffs06 May Flagship eyes potential to expand Pantanillo’s mineralisation06 May Pacgold accelerates Alice River with new resource06 May Get the latest Mining news delivered straight to your inbox Cities across Brazil are cancelling carnival celebrations as economic woes hit the south American country ever harder Municipal governments are citing tightened budgets with lower tax revenues and more important projects in need of funding Areas that have cancelled celebrations or withdrawn public funding of parades includes Campinas, home to almost three million people. Campinas Director of Culture, Gabriel Rapassi, said that a drop in sales tax revenues from small businesses affected by the current economic situation had left the local government unable to foot the large carnival bill such as São Luiz do Paraitinga in São Paulo state are outsourcing large parts of the festivities to the private sector to cut down on spending seven cities announced they were cancelling festivities because of a lack of funds – Cássia São João Batista do Glória São Tomás de Aquino's Department of Culture said that health education and infrastructure had to be the priorities Other areas and cities cancelling festivities and parades include Cabo Frio Almost all have said that funding needed to be moved to different areas but it's the time to save," said Luizão do Trento the money is being used to buy a new ambulance Carnival traditionally takes place over five days at the beginning of February all over Brazil but the country is currently being rocked by an economic recession thought to be the worst since the 1930s Some Brazilians traditionally wear masks of their heroes during carnival, and previously Rousseff has been popular. But speaking to the Financial Times owner of one of the largest carnival mask producers in Rio de Janeiro said: "Only our witch and monster masks are doing well.. CITIES across Brazil are cancelling carnival celebrations as economic woes hit the south American country ever harder Areas that have cancelled celebrations or withdrawn public funding of parades includes Campinas said that a drop in sales tax revenues from small businesses affected by the current economic situation had left the local government unable to foot the large carnival bill such as São Luiz do Paraitinga in São Paulo state The paper also said that in the state of Minas Gerais seven cities announced they were cancelling festivities because of a lack of funds – Cássia São Tomás de Aquino's Department of Culture said that health “Other areas and cities cancelling festivities and parades include Cabo Frio but it's the time to save," said Luizão do Trento Carnival traditionally takes place over five days at the beginning of February all over Brazil but the country is currently being rocked by an economic recession thought to be the worst since the 1930s there are no recent results for popular articles Your browser is out of date and potentially vulnerable to security risks.We recommend switching to one of the following browsers: Get up-to-the-minute news sent straight to your device.