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Gold/Mining/Energy : TITANIUM CORPORATION INC.- The Next Major Mining Play

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To: Bruce Robbins who wrote (291)9/13/2000 9:43:54 AM
From: rdww  Read Replies (1) of 343
 
Okay then - who else has played here before?
As for shifting sands - so what? The sand that was there yesterday moves around and what was over 10 feet to the right yesterday may be 30 feet to the left? Point? One only has to walk the sands/boat thru them to see how large a deposit exists. This is not like rock mining where you mine out an area and can't come back. Dredge the area and come back in a few weeks and it is likely moved back in from elsewhere. The water there is supersaturated already. There is no fish or aquatic life per say in this water.
"Given the extremely high natural suspended sediment laod found in the river and bay, it seems unlikely that there will be any measurable change in the sedimentation as a result of the mining activity". A quote from Martec Engineering. A positive baseline environmental study has already been completed and a full is in the works to my knowledge. RTZ owns Richards Bay as well and does quite well there. The proces is similiar to NRL - except that NRL will not be removing trees and overburden and then replacing them! This depsoit requires a sifter and then put back the useless sands and come around again.
I have to go back thru notes to see the composition to date of the sands. But Ilmentie is the lowest paying of the elements per tin. I will note that it has risen significantly though and as witnessed by QIT's profitability - still worth processing.<g>
Titanium Feedstock values
Ilmenite $140 t at 56% tio2
Syn rutile $320 t at 93% tio2
Sulphate Slag $290 t at 78% tio2
Chloride slag
in variations $390- 495 t at 86% tio2
rutile $500 at 94% tio2

The industry is HUGE for Tio2. It surpasses the nickel mktsignificantly and is on par with the Aluminum guys! Tailloring a deposit via the variuos process available to fit someone'e mkt is the key.
adn to date the MOE doesn't have a problem
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