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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mc Mining Limited | LSE:MCM | London | Ordinary Share | AU000000MCM9 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 7.75 | 7.50 | 8.50 | 8.00 | 7.75 | 7.75 | 1,292 | 16:35:12 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Bitmns Coal Undergrnd Mining | 46.06M | -4.32M | -0.0106 | -15.09 | 65.26M |
From Apr 2019 to Apr 2024
TIDMMCM
RNS Number : 3225C
MC Mining Limited
28 September 2018
ANNOUNCEMENT 28 September 2018
MAKHADO PROJECT ENVIRONMENTAL AUTHORISATION APPEALED
MC Mining Limited (the "Company") announced on 3 September 2018 (the "Announcement") that the Limpopo Department of Economic Development, Environment and Tourism ("LEDET") had approved an amendment to the Makhado hard coking and thermal coal project's ("Makhado") Environmental Authorisation ("EA") for the transport of coal to the Musina rail siding by road rather than rail. As anticipated in the Announcement, the same narrow interest group that unsuccessfully appealed against the original Makhado EA, has appealed LEDET's decision. The appeal results in the suspension of the amendment authorisation and the Company will follow due process to have the appeal dismissed.
Authorised by
David Brown
Chief Executive Officer
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For more information contact:
David Brown Chief Executive Officer MC Mining Limited +27 10 003 8000
Brenda Berlin Chief Financial Officer MC Mining Limited +27 10 003 8000
Tony Bevan Company Secretary Endeavour Corporate Services +61 08 9316 9100
Company advisors:
Financial PR
Jos Simson/ Gareth Tredway (United Kingdom) Tavistock +44 20 7920 3150
Ross Allister/David McKeown/James
Bavister Nominated Adviser and Broker Peel Hunt LLP +44 20 7418 8900
Charmane Russell/Olwen Auret Financial PR (South Africa) R&A Strategic Communications +27 11 880 3924
Investec Bank Limited is the nominated JSE Sponsor
About MC Mining Limited:
MC Mining is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. MCM's key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (coking and thermal coal). Vele Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (MbeuYashu).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
September 28, 2018 06:00 ET (10:00 GMT)
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