Overview
Tiomin Resources has changed its focus from Kenyan titanium to include Chinese base metals and Brazilian diamonds. In 2008 the company bought Radiant Resources, a Canadian miner that explores for copper and zinc in northwest China. Two years later it agreed to buy Vaaldiam, a Canadian diamond miner with Brazilian properties in production. Previously Tiomin's primary operation had been the development of the Kwale titanium project in Kenya. Though
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Read More it had hoped to begin production on Kwale in 2007, governmental and financing disputes forced a delay. Perhaps relatedly, Tiomin agreed to sell the Kwale project to Australian miner Base Iron in 2010, not long after it agreed to buy Vaaldiam.
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Read More it had hoped to begin production on Kwale in 2007, governmental and financing disputes forced a delay. Perhaps relatedly, Tiomin agreed to sell the Kwale project to Australian miner Base Iron in 2010, not long after it agreed to buy Vaaldiam.
Read Less
Robert Jackson
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