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Tiomin Resources Inc. ("Tiomin") (TSX:TIO) is a mining company traded on the TSX (Toronto Stock Exchange) with a focus on the exploration and development of base metals and titanium mineral sands projects. Projects include 100% ownership of the Kwale titanium and zirconium deposit in Kenya and 49% of the Pukaqaqa copper and gold deposit in Peru. Tiomin is 20% owned by Jinchuan Group Ltd., China's largest nickel producer.
- Force Majeure remains in place at the Kwale project. Tiomin and the Government of Kenya are in the final process of resolving the outstanding issues in order to develop the project.
- Tiomin and Jinchuan signed a Memorandum of Understanding in April 2007, whereby Jinchuan agreed to cooperate in the development of the Kwale project.
- Tiomin and Milpo are working together to complete a technical and economic analysis of the Pukaqaqa project to be completed in April 2008.
- Tiomin has significant funds available for investment into appropriate projects, a strong management team, and is actively seeking new projects to develop both locally and internationally, either alone or with strong partners.
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