MC Mining: Makhado Project to start of coal production in H2 CY2024
MC Mining’s flagship Makhado steelmaking hard coking coal project (Makhado Project) is progressing the tender process for the selection of
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MC Mining
Recommissioning of Vele Colliery to add cash to MC Mining’s portfolio
Due to the global economic downturn and lower coal prices, Vele was placed on care and maintenance from August 2013.
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Project update: Makhado steelmaking hard coking coal
MC Mining’s flagship Makhado steelmaking hard coking coal (HCC) project has the required regulatory approvals and surface rights over the
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MC Mining’s Uitkomst Colliery produced 444,984 tonnes in FY2023
MC Mining in its H1 2023 report says the loss after tax for the period decreased by 79% to $4.4
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MC Mining updates on its Makhado hard coking coal project
MC Mining has provided an update on its fully licensed, shovel ready Makhado hard coking coal project (Makhado Project or
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MC Mining outsources the Vele Aluwani Colliery
MC Mining Limited (MC Mining or the Company) has announced that it signed a Contract Mining Agreement with Hlalethembeni Outsourcing
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MC Mining: Anti-fossil fuel trend and war resulted in record coal prices
MC Mining has announced a six-month extension of the July 2022 Coal Sales & Marketing Agreement between the Company’s subsidiary
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MC Mining reports loss in short announcement
MC Mining reports that revenue increased by 14% to $23.5 million from $20.7 million in the prior corresponding period. Operating
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MC Mining: War causes prices of thermal coal to attain record highs
The Uitkomst Colliery generated 124,144t of ROM coal during the quarter, an increase of 7% (Q3 FY2021: 115,944t). Sales of
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MC Mining run-of-mine coal production at Uitkomst is 7% higher
MC Mining for the quarter ended 31 March 2022 reports that the run-of-mine (ROM) coal production at Uitkomst was 7%
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Uitkomst metallurgical and thermal coal mine sold 20% less coal
MC Mining Limited (MC Mining or the Company) in its interim financial report for the six months ended 31 December
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MC Mining: Uitkomst’s high quality coal remains in demand
The Uitkomst Colliery generated 107,188t of ROM coal during the quarter, 2% lower than the comparative Q2 FY2021 (108,945t). The
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MCM Uitkomst production marginally lower, Makhado loan extended
MC Mining Limited in its activities report for the quarter ended 31 December 2021 reports the demand for coal continued
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Loan for development of Makhado hard coking coal project extended
MC Mining has announced that the Industrial Development Corporation of South Africa Limited (IDC) has extended the date for repayment
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MC Mining: Makhado Coal Project update
On 14 January 2019, MC Mining announced that its subsidiary, Baobab Mining & Exploration, completed the acquisition of the Lukin
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MC Mining updates on Makhado Hard Coking Coal Project
MC Mining’s flagship Makhado Project has favourable economics and its phased development is expected to deliver positive returns for shareholders.
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MC Mining: As global economy improves so increases demand for coal
MC Mining, in its Activities report for the quarter ended 30 September 2021 says, the Uitkomst Colliery generated 120,260t of
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MC Mining Results for the full year ended 30 June 2021
MC Mining has provided its audited financial statements for the year ended 30 June 2021 declaring the loss after tax
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MC Mining: Uitkomst Colliery resumes operations
MC Mining Limited has advised that operations at its 70% owned Uitkomst colliery resumed earlier yesterday. Bus service providers contracted
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MC Mining temporarily suspends coal mining operations
MC Mining advises operations at its 70% owned Uitkomst colliery have been temporary suspended pending resolution of the civil unrest
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MC MINING: Production volumes returned to normal
During the past quarter, the IDC formally extended the repayment date of the R160 million ($11.1 million) loan to 31
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MC Mining produces 6% less coal in its half-year period
MC Mining Limited in its interim financial report for the six months ended 31 December 2020, highlights the following: 127,534
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MC Mining appoints of Interim CEO and gets loan relief
MC Mining Limited confirms that the recruitment process for a replacement permanent Chief Executive Officer is at an advanced stage
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DMRE grants mining right to Mopane coking coal project
MC Mining Limited has announced that the South African Department of Mineral Resources & Energy (“DMRE”) has granted the remaining
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MC Mining secures financing for hard coking coal project
MC Mining’s flagship Makhado Project has very favourable economics and its phased development is expected to deliver positive returns for
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MC Mining acting CEO and CFO resigns, head-hunted by PPC
MC Mining has announced that Brenda Berlin will step down as acting Chief Executive Officer and Executive Director effective 15
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MC Mining: Uitkomst Colliery returns to steady-state production
MC Mining, in its Report For The Quarter Ended 30 September 2020, says Uitkomst metallurgical and thermal coal mine generated
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MC Mining projects will be developed in phases
MC Mining revenue for the year ended 30 June 2020 decreased by 35% to $17.2 million from $26.4 million in
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MC Mining reports significant drop in coal production
The spread of the COVID-19 virus impacted MC Mining’s Uitkomst Colliery, corporate office, Makhado, Vele and GSP sites. The Uitkomst
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