Last checked at 11 Sep 2018 07:00
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).