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
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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