- Mining company Mineral Commodities (MRC) has provided an update on its ongoing dispute with the GMA Garnet Corporation (GMA Group)
- The technical and general disputes involve stockpiled inventory quantities and other obligations under the companies agreements
- Now, Mineral Commodities has received a termination notice for alleged material breaches of the offtake agreement
- But the company does not accept the termination notice as valid and is seeking advice on the matter
- Mineral Commodities first announced the disagreements on June 12, later providing further updates in its June 2020 quarterly report
- Mineral Commodities shares closed steady today, priced at 24.5 cents per share
