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	[phone]
Brenda Berlin	Chief Financial Officer	MC Mining Limited	[phone]
Tony Bevan	Company Secretary	Endeavour Corporate Services	[phone]
Company advisors:
Jos Simson/ Gareth Tredway	Financial PR (United Kingdom)	Tavistock	[phone]
Ross Allister/David McKeown/James Bavister	Nominated Adviser and Broker	Peel Hunt LLP	[phone]
Charmane Russell/Olwen Auret	Financial PR (South Africa)	R&A Strategic Communications	[phone]
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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