Mc Mining Share News (MCM)

MC Mining seeks to raise funds after boosting output in third quarter

(Alliance News) - MC Mining Ltd said on Friday it was exploring ways to raise funds as the coal miner reported an increase in production in the third quarter, taking advantage of high prices.

IN BRIEF: MC Mining completes feasibility study at the Makhado project

MC Mining Ltd - Western Australia-based developer and producer of thermal and coking coal with projects in South Africa - Completes its bankable feasibility study at its Makhado hard coking coal project in the Limpopo province. Expects to finalise the financing for the project in the third quarter of 2022, with construction commencing soon after.

IN BRIEF: MC Mining Executive Director Randazzo steps down

MC Mining Ltd - South Africa-focused coal miner - Executive Director San Randazzo will step down with immediate effect, but will remain in the role of interim CEO until the board finds a suitable replacement. Randazzo has been part of MC Mining for three years since 2019.

UK shareholder meetings calendar - next 7 days

IN BRIEF: MC Mining loss narrows on higher revenue thanks to Uitkomst

MC Mining Ltd - South Africa-focused coal miner - Reports pretax loss of USD1.3 million in the six months to December 31, narrowed from USD2.9 million a year prior. Revenue rises to USD13.0 million from USD8.8 million. MC Mining does not pay dividends.

IN BRIEF: MC Mining chair exits, Mosehla steps in on interim basis

MC Mining Ltd - coal miner focused on South Africa - Bernard Pryor will step down as chair from Friday. Long standing Non-Executive Director Khomotso Mosehla has been appointed as an interim chair pending the outcome of the shareholder requisitioned meeting scheduled for April 11.

IN BRIEF: MC Mining well placed to develop Makhado project in SA

MC Mining Ltd - coal miner focused on South Africa - Announces that subsidiary Baobab Mining & Exploration Pty Ltd has paid final instalment of ZAR35 million for the the Lukin and Salaita properties, which make up the Makhado hard coking coal project in South Africa.

IN BRIEF: MC Mining shareholders call for GM in bid for board changes

MC Mining Ltd - coal miner focused on South Africa - Receives notice from shareholders to requisition a general meeting to consider board changes. Proposed board removals are of interim Chief Executive Sam Randazzo as well as Chair Bernard Pryor. Proposed replacements include the appointment of former South African minister of finance, Nhlanhla Nene, and former Anglo American Coal CEO, Godfrey Gomwe. Gomwe is also currently a non-executive director of Orion Minerals Ltd and AECI Ltd.

MC Mining to raise ZAR86 million through Senosi investment

MC Mining to raise ZAR86 million through Senosi investment

MC Mining coal output down in second quarter on Uitkomst constraints

MC Mining coal output down in second quarter on Uitkomst constraints

IN BRIEF: IDC extends repayment date for MC Mining loan to November

IN BRIEF: IDC extends repayment date for MC Mining loan to November

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

TRADING UPDATES: Rutherford, Helios Underwriting report widened losses

TRADING UPDATES: Rutherford, Helios Underwriting report widened losses

AIM WINNERS & LOSERS: Sareum in patent boost; Airea flags uncertainty

AIM WINNERS & LOSERS: Sareum in patent boost; Airea flags uncertainty

MC Mining shares rise on solid performance while production costs fall

MC Mining shares rise on solid performance while production costs fall