Mineral Commodities Ltd is pleased to announce that it has received commitments from sophisticated and professional investors to raise $6.58 million (before costs including a 3% placement fee to participants) through a placement of 32,900,000 new fully paid ordinary shares at $0.20 per share.
Mineral Commodities Ltd and its empowerment partners, Blue Bantry Investments 255 (Pty) Ltd, are pleased to announce a maiden JORC resource at the Northern Beaches (WC 30/5/1/1/2/10261PR) of the Tormin Mineral Sands Operation located on the west coast of South Africa.
Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd, are pleased to advise that their 50% South African subsidiary, Mineral Sands Resources (Pty) Ltd has received notification from the South African Department of Mineral Resources and Energy that mining and processing operations can resume at the Tormin Mineral Sands Operation, in the Western Cape province of South Africa.
Mineral Commodities Ltd and its empowerment partner, Blue Bantry Investments 255 (Pty) Ltd, are pleased to provide an update on drilling results from Prospecting Right (WC 30/5/1/1/2/10262PR) that is also subject to an expanded mining application owned by the Company’s 50% South African subsidiary, Mineral Sands Resources (Pty) Ltd.
Mineral Commodities Ltd and its empowerment partners, Blue Bantry Investments 255 (Pty) Ltd, are pleased to announce that the Company’s South African subsidiary, Mineral Sands Resources (Pty) Ltd, has received the appeal decision regarding the granting of an Integrated Environmental Authorisation in respect to its application to amend (expand) the mining right at Tormin in terms of Section 102 of the Mineral and Petroleum Resources Development Act 49 of 2008.
