Our Assets

World class deposit

Sierra Rutile owns the world’s only large, high-grade, producing primary rutile mine:

  • Largest primary rutile mine in the world
  • JORC-compliant mineral resource of excess of 895 million tonnes
  • Measured and indicated resource of 757 million tonnes

Mineral Resources as at September 2014.

ClassificationTonnes MillionsGrade %   Contained Tonnes (kt) 
    Rutile Illmenite Zircon Rutile Illmenite Zircon
Measured 65.6 1.02 0.23 0.08 666.6 95.5 54.5
Indicated 692.3 0.92 0.15 0.05 6,377.4 667.3 362.9
Measure and Indicated  757.9 0.93 0.15 0.05 7,044.0 762.8 381.4 
Inferred1 137.7 0.98 0.02 0.06 1,353.3 0.6 18.5
Total Measured, Indicated and Inferred 895.6 0.94 0.13 0.05 8,397.3 763.4 399.9


EXPANSION POTENTIAL

Significant opportunity to expand resource

  • 558.9 sq. km of land licensed for mining
  • 317.6 sq. km of reconnaissance permits
  • Less than 20% of the mining leases have been drilled
  • New exploration campaign is underway with a focus on identifying near-term mineable resources