I've just been on the actual 3.2 Test server, and here are the infos I have found.
Out of prospecting 23 stack Titanium ore (92 prospects total)
I've got 25 epic gems, 24 rare gems, 141 Uncommon gems, and 63 Titanium powder.
After doing some math : Each prospect yields 0.27 Epic gem, 0.26 Rare gem, 1.5 Uncommon gem, and 0.6 Titanium powders.
Rounding that up/down you will come up with 1 epic gem and 1 rare gem every stack of Titanium ore, and 4 green gems and a few Titanium powders.
Using Alchemy, you can Transmute :
Eternal shadow + Blue gem into Orange gem
Twilight opals into Purple gem
Forest emeralds into Green gem
Eternal life + Blue gem into Yellow gem
Sky Sapphires into Blue gem
I don't have a clue about the cooldown on these transmutations, being as I'm not an alchemist.
Also, as of now, you can't seem to transmute Red gem.
About the new Epic gem recepies :
Each recepie costs 5 Jewelcrafting token, which you can acquire by doing the daily JC quest, or Turning in 10 titanium powders.
Using this data, and assuming that an epic gem will sell for 200 g, a blue gem for 30g, and a green for 2g (totally arbituary) each titanium ore is worth 10.87 g.
If you feel like it , you can use the spreadsheet I've used to calculate this data, change the Blue cells according to your likings.
Spreadsheet
Antivirus Version Last Update Result
a-squared 4.5.0.18 2009.06.26 -
AhnLab-V3 5.0.0.2 2009.06.26 -
AntiVir 7.9.0.196 2009.06.26 -
Antiy-AVL 2.0.3.1 2009.06.26 -
Authentium 5.1.2.4 2009.06.25 -
Avast 4.8.1335.0 2009.06.25 -
AVG 8.5.0.339 2009.06.26 -
BitDefender 7.2 2009.06.26 -
CAT-QuickHeal 10.00 2009.06.26 -
ClamAV 0.94.1 2009.06.26 -
Comodo 1437 2009.06.26 -
DrWeb 5.0.0.12182 2009.06.26 -
eSafe 7.0.17.0 2009.06.25 -
eTrust-Vet 31.6.6582 2009.06.26 -
F-Prot 4.4.4.56 2009.06.25 -
F-Secure 8.0.14470.0 2009.06.26 -
Fortinet 3.117.0.0 2009.06.26 -
GData 19 2009.06.26 -
Ikarus T3.1.1.64.0 2009.06.26 -
Jiangmin 11.0.706 2009.06.26 -
K7AntiVirus 7.10.768 2009.06.19 -
Kaspersky 7.0.0.125 2009.06.26 -
McAfee 5657 2009.06.25 -
McAfee+Artemis 5657 2009.06.25 -
McAfee-GW-Edition 6.7.6 2009.06.26 -
Microsoft 1.4803 2009.06.26 -
NOD32 4192 2009.06.26 -
Norman 6.01.09 2009.06.26 -
nProtect 2009.1.8.0 2009.06.26 -
Panda 10.0.0.16 2009.06.26 -
PCTools 4.4.2.0 2009.06.26 -
Prevx 3.0 2009.06.26 -
Rising 21.35.44.00 2009.06.26 -
Sophos 4.43.0 2009.06.26 -
Sunbelt 3.2.1858.2 2009.06.25 -
Symantec 1.4.4.12 2009.06.26 -
TheHacker 6.3.4.3.354 2009.06.25 -
TrendMicro 8.950.0.1094 2009.06.26 -
VBA32 3.12.10.7 2009.06.26 -
ViRobot 2009.6.26.1806 2009.06.26 -
VirusBuster 4.6.5.0 2009.06.26 -
Virus Free