After paying for the mine fleet, mill capital, supplies, fuel, power and labor, at today’s metal prices, does this mine make a profit?

The metal is expensive, not because it is rare but because of the expense to produce and work it. The minerals mined for titanium are all oxides, unlike many base metals that are mostly mined as sulfide minerals.

Let’s take a look at these important property aspects individually, because they all affect the value of a property and how much mining companies might or might not be interested acquiring it.

Many of the Sixteen to One’s challenges arise from its unusual geology and the pocket characteristics of the ore deposits.