Mineral Commodities Data
Mineral Commodities News
Minister halts TEMâs Xolobeni mining application 2016-09-16Mineral Resources Minister Mosebenzi Zwane has placed an 18-month moratorium on Transworld Energy and Mineral Resources’ (TEM’s) application to mine at Xolobeni in the Eastern Cape. TEM is a subsidiary of ASX-listed Mineral Commodities, which announced in July that it plans to sell its stake in Xolobeni to empowerment partner Keysha Investments amid continued opposition by community members.
MRC to sell Xolobeni stake 2016-07-18ASX-listed Mineral Commodities (MRC) plans to sell its 56% stake in Transworld Energy and Resources to its black economic-empowerment partner Keysha Investments amid alleged continued violence and threats in the local Xolobeni community. MRC on Monday said it is shedding its stake as it believes the Xolobeni mineral sands project, owned by Transworld, will likely be better off in the hands of South Africans.
ASX: MRC to divest Xolobeni Minerals Sands Project to BEE Partner 2016-07-17
Mineral Commodities Information
Company 2015-05-10Mineral Commodities is an Australian-based resource company whose objective is to become a significant, unaligned Heavy Mineral and Diamond/Gold producer with near term production supplying niche markets.