All I can find quickly ,as I do not follow this company,...

All I can find quickly ,as I do not follow this company, suggest you try a search on the Internet or the link below

And if you got yourself a nickname it would help with communication



http://www.reflections.com.au/


good luck ;)
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Media Release: Appointment of CEO

MINERAL COMMODITIES LTD 2002-08-19 ASX-SIGNAL-G

HOMEX - Perth

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MINERAL COMMODITIES APPOINTS SENIOR EXECUTIVE TO SPEARHEAD SA
DEVELOPMENT

FORMER RGC, WESTERN TITANIUM EXECUTIVE ALAN LUSCOMBE APPOINTED AS CEO

International mineral sands group Mineral Commodities Ltd (ASX:MRC)
has appointed a senior executive with extensive experience in the
global mineral sands business as Chief Executive Officer to spearhead
the development of its world-class Xolobeni Project on South Africa's
east coast.

The Perth-based Company today (Monday) announced the appointment of
Mr Alan Luscombe, whose experience encompasses senior managerial
roles with sonic of Australia's major mineral sands operations, as
CEO.

Up until 1997 Mr Luscombe had a lengthy career with RGC Mineral
Sands, where he held the positions of Manager Project Development,
WA, Mining Manager, WA, Manager Operational Services WA and Resident
Manager, WA.

Mr Luscombe was closely involved in the management and development of
RGC's minerals sands projects in Australia and Overseas.

Before joining RGC, he spent three years managing Western Titanium
Limited's mineral sands operations at Geraldton in WA and, between
1968 and 1979, enjoyed a long career with Associated Minerals
Consolidated Limited, holding senior operational and management
positions as mineral sands projects in Queensland and NSW.

Mineral Commodities' Director, Mr Mark Caruso, said Mr Luscombe was
an outstanding appointment with excellent skills in leadership,
personnel development and project development in Australia and
overseas.

"Alan has an exceptional level of knowledge and experience in the
mineral sands business, both in Australia and internationally, and he
is ideally suited to lead our team forward in developing a
world-class asset at Xolobeni in South Africa," Mr Caruso said.

Since leaving RGC, Mr Luscombe was General Manager for CSR Readymix
in Western Australia.

The Xolobeni Project, located 200 kilometres south of the regional
port of Durban, has the potential to be a top-10 titanium feedstock
producer based on a geographically strategic resource of heavy
minerals which is slated conceptually for development as a 5 million
tonne per annum start-up mining operation.

At this rate, it would produce, some 250,000 tonnes per annum of
ilmenite concentrate to supply a new smelting operation, yielding
146,000 tonnes per annum of 86% TiO2 slag and 76,000 tonnes per annum
(tpa) of pig iron, and a minimum of 10,000 tpa each of rutile and
zircon concentrate. This would generate an operating revenue of $150
million per annum over a project life exceeding 20 years.

The project's development prospects recently received a major boost
following a key strategic investment by the South African Export
Development Fund (SAEDF) it) the project which is expected to lead to
a broader funding mandate.

Mineral Commodities is currently undertaking a pre-qualification
study on the project after finalising a recent agreement which gives
the SAEDF the option to acquire equity both directly in the project
and a stake in Mineral Commodities, plus a 6-month mandate to present
a funding proposal.

As well, the Company has signed a Memorandum of Understanding with
the East London Development Zone Corporation (ELDZC) to jointly
undertake a pre-qualification study into the establishment of an
ilmenite smelter at East London, on the South Africa's east coast
south of Xolobeni.

An agreement was signed earlier this month with engineering giant SMS
DEMAG AG to conduct the component of the study relating to the
smelter construction. This would be carried out at no cost to Mineral
Commodities, in return for a first right of refusal to undertake the
full feasibility study of the smelter facility.

The ELIDZ is one of several 'Industrial Development Zones' or IDZ's
being gazetted by the South African Government to promote industrial
development in parts of the country requiring new investment and
economic upliftment, such as the depressed Eastern Cape region.

Mineral Commodities, through MRC Resources, currently owns 49% of the
Xolobeni Project and has expended $604,000 of its $1 million
expenditure commitment to earn an additional 26%.

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Company Announcement


Second Quarter Activities & Cashflow Report

MINERAL COMMODITIES LTD 2002-07-31 ASX-SIGNAL-G

HOMEX - Perth

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HIGHLIGHTS

* Final approvals received for the investment by the SAEDF in MRC
Resources (Pty) Ltd for funding for the Xolobeni Mineral Sands
Project.

* Signing of an MoU with the East London Development Zone Corporation
(ELDZC) for the establishment of an Ilmenite smelter at East London.

* Commissioning of a pre-qualification study for the Xolobeni
Project.

* Agreement in principle reached with SMS Demag for the
pre-qualification smelter study including options for ongoing funding
by Demag for the Full Feasibility Study.

* The Yandallah option was exercised.

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