TIOMIN RESOURCES began exploring Kenya for titanium-bearing deposits in 1995. Now, with four deposits identified, the Kenyan government has approved the development of the Kwale project, 65 km south of the port city of Mombassa. Tiomin is now working with engineering companies to determine the design and construction of the mine. Work could start next year. The estimated capital cost is US$120 million.
The Kwale mineral sands deposits contain a reserve of 142 million tonnes with economic amounts of ilmenite, rutile and zircon. The development should produce over 300,000 tonnes of sulphatable ilmenite, about 38,000 tonnes of high quality zircon, and over 85,000 tonnes of rutile annually during its first six years.
In addition to the Kwale property, Tiomin has three other large mineral sands deposits in Kenya. See the comprehensive corporate presentation at the company's web site, www.tiomin.com
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