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
For more information contact: |
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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: |
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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
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+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 |
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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).