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MC Mining Limited ( MC Mining or the Company ) is pleased to announce that the South African Department of Mineral Resources & Energy ( DMRE ) has granted the remaining mining right for its 74% owned Mopane coking and thermal coal project ( Mopane Project ) in the Limpopo province.
The Mopane Project, together with the Chapudi and Generaal Projects, comprise the Company s longer-term Greater Soutpansberg Project ( GSP ) in the Soutpansberg Coalfield. The GSP is located within close proximity to the Musina-Makhado Special Economic Zone ( SEZ ), an area designated by government to focus on, amongst others, energy and metallurgical industries.
The Company submitted mining right applications for the three GSP project areas to the DMRE during 2013 and the Chapudi Project mining right was granted in December 2018, followed by the Generaal Project mining right in November 2019. The Mopane Project contains 230 million gro ....
MC Mining Limited ( MC Mining or the Company ) which operates in South Africa, together with its subsidiaries, hereby provides its update for the three months ended 31 December 2020, the second quarter (the Quarter ) of the Company s 2021 financial year. All figures are denominated in United States dollars unless otherwise stated. Safety metrics are compared to the preceding quarter while financial and operational metrics are measured against the comparable period in the previous financial year . A copy of this report is available on the Company s website, www.mcmining.co.za .
Salient operational and corporate features · The focus on health and safety continued at the high-grade Uitkomst metallurgical and thermal coal mine ( Uitkomst Colliery or Uitkomst ), with one lost-time injury ( LTI ) recorded during the Quarter (FY2021 Q1: three LTIs); ....