MRC gets green light for new prospecting right

By Liz Gyekye
Published: Tuesday, 10 November 2015

The company, which mines garnet, ilmenite, zircon and rutile at its Tormin project in South Africa, will be expanding its HMS operation after obtaining the official documents to do so. It hopes that the long-term plan to extend its development will underpin the economic viability of its resource.

ASX-listed Minerals Commodities Ltd (MRC) has announced that its South African subsidiary, Mineral Sands Resources Pty Ltd (MSR), has been granted a new prospecting right by the South African Department of Mineral Resources.

The awarded prospecting right represents an...

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