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Mineral Commodities’ (ASX:MRC) flagship mineral sands project in South Africa, Tormin, is being shut down. The culprit?: an oil spill offshore the beach the company mines zirconium sands and other heavy minerals. That same oil slick has contaminated significant parts of the company’s mineral resource. Damage to roads was also cited as a reason behind the defunding of the project, still usable at present, but reportedly at risk of further degradation in future heavy rain events. That the oil slick contaminated MRC’s beachfront at Tormin was a dual result of recent heavy rains in the region whic…

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