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BRIEF-Mineral Commodities Says Operations At Tormin In S. Africa To Resume On April 13

Published 08/04/2020, 10:18 am
Updated 08/04/2020, 10:36 am

April 8 (Reuters) - Mineral Commodities Ltd MRC.AX :

* OPERATIONS AT TORMIN WERE PLACED ON CARE AND MAINTENANCE FROM MIDNIGHT, THURSDAY 26 MARCH 2020

* ANTICIPATED NORMAL MINING AND PROCESSING OPERATIONS WILL RESUME AT TORMIN FROM MONDAY, 13 APRIL

* FULL IMPACT ON CO'S SUPPLY CHAIN AND OFFTAKE BUSINESS IS STILL BEING ASSESSED

* UNIT RECEIVED NOTIFICATION FROM RELEVANT AUTHORITY THAT MINING & PROCESSING OPERATIONS CAN RESUME AT TORMIN MINERAL SANDS OPERATION

* CO PROVIDED WITH REQUISITE CONSENT TO RECOMMENCE OPERATIONS AND AUTHORITY TO ISSUE STAFF PERMITS TO PERFORM ESSENTIAL SERVICE

* EXPECTS NORMAL TRADING CONDITIONS TO BE BACK IN PLACE SHORTLY AFTER REINSTATEMENT OF MINING AND PROCESSING OPERATIONS

* MINING, PROCESSING OPERATIONS TO RESUME AT TORMIN MINERAL SANDS OPERATION IN SOUTH AFRICA AFTER BEING HALTED DUE TO COVID-19

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