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MC Mining Limited - Update on Makhado Project Regulatory Progress

RNS Number : 3125A
MC Mining Limited
11 September 2018
 

 

 

 

ANNOUNCEMENT                                                                                                           11 September 2018

 

UPDATE ON MAKHADO PROJECT REGULATORY PROGRESS

 

MC Mining Limited (the "Company") is pleased to announce that South Africa's Department of Mineral Resources ("DMR") has approved the Environmental Authorisation ("EA") for the Makhado hard coking and thermal coal project ("Makhado").

 

In January 2018, the Company applied to both the DMR and the Limpopo Department of Economic Development, Environment and Tourism ("LEDET") for an amendment to Makhado's 2016 EA, allowing for the transport of coal to the Musina rail siding by road.

 

The approval by the DMR follows confirmation, on 3 September 2018, that LEDET has approved the EA amendment.

 

Authorised by

David Brown        

Chief Executive Officer

 

 

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:

Jos Simson/ Gareth Tredway

Financial PR

(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).

 

 

 


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