MRC Stock Discussion
Mineral Commodities Limited Description
Mineral Commodities Limited is an Australia-based mineral resources company. The Company's principal activities include mineral sands mining and processing at its Tormin Mineral Sands Project in the Western Cape Province of South Africa; undertaking procedures and evaluation for the development of the Xolobeni Mineral Sands Project in the Eastern Cape Province of South Africa and investigations into other mineral resources. Its segments include Mineral Sands mining and production (Tormin Mineral Sands project), Mineral Sands exploration (Xolobeni Mineral Sands project) and Corporate. In the Tormin Mineral Sands Project, the Company has mined approximately 1,624,636 tons of minerals consisting of garnet, ilmenite, rutile and zircon. The Xolobeni Mineral Sands Project has a tenement area of approximately 2,900 hectares. The Company holds the prospecting rights in approximately four blocks in the Xolobeni Mineral Sands Project.
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Minerals Prospecting Tile Zircon Heavy Mineral Sands Ore Deposits Rutile Ilmenite Mineral Sands Mining Sands Mining Garnet Kenmare Resources Titanium In Africa
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