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MC Mining Limited Ord (MCM)

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29-Apr-2022 09:41 AM

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

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. The Western Australia-based developer and producer of thermal and cok
08-Apr-2022 03:02 PM

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 thr
14-Mar-2022 09:33 AM

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

MC Mining Ltd - South Africa-focused coal miner - Reports pretax loss of $1.3 million in the six months to December 31, narrowed from $2.9 million a year prior. Revenue rises to $13.0 million from $8.8 million. MC Mining does not pay d
11-Mar-2022 08:46 AM

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 me
01-Mar-2022 12:28 PM

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 R 35 million for the the Lukin and Salaita properties, which make up the Makhado hard coking c
14-Feb-2022 09:17 AM

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. Propo
15-Mar-2021 01:54 PM

MC Mining loses $7.1m in 2020

MC Mining has recorded a post-tax loss of $7.1 million for the 12 months to 31 December 2020. During this period, the cost of sales outstripped revenue with figures of $9.2 million and $8.8 million respectively. Much of this was due to the impact of the
05-May-2020 08:45 AM

MC Mining restarts coal production in South Africa

Coal miner MC Mining said limited activities had commenced at its Uitkomst colliery in South Africa after the government there started easing lockdown measurs. Uitkomst would be ramp-up to 50% capacity within seven-to-10 days, the company said, in line w
24-Apr-2020 09:01 AM

MC Mining sales volumes up 4% in third quarter

South Africa focused MC Mining said its third-quarter revenue fell 8% in US dollar terms due to foreign exchange movements that offset a rise in sales volumes. Revenue for the three months through March fell to $69.3m, down from $75.2m on-year. Sales vo
13-Mar-2020 09:13 AM

MC Mining losses widen on lower revenue

Mining company MC Mining reported deeper first-half losses, as its revenue fell and administrative expenses rose. Pre-tax losses for the six months through December amounted to $7.3m, compared to losses of $3.0m on-year. Revenue dropped to $11.4m, down
09-Oct-2019 08:10 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and cut its price target to 65p (from 69p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Jun-2019 08:20 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and raised its price target to 69p (from 61p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
29-Apr-2019 09:20 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and cut its price target to 61p (from 75p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
28-Jan-2019 08:10 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and cut its price target to 75p (from 76p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Jan-2019 08:50 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and raised its price target to 76p (from 67p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
10-Dec-2018 08:00 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and cut its price target to 67p (from 88p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
26-Apr-2018 10:40 AM

Broker Forecast - Peel Hunt issues a broker note on MC Mining

Peel Hunt today reaffirms its buy investment rating on MC Mining (LON:MCM) and set its price target at 88p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
18-Nov-2014 01:28 PM

SMSUK scheme of arrangement for Motivcom sanctioned

The scheme of arrangement for Sodexo Motivation Solutions UK's recommended cash offer for Motivcom has been sanctioned by the High Court. At 1:28pm: (LON:MCM) Motivcom PLC share price was 0p at 147p Story provided by StockMarketWire.com...
29-Sep-2014 08:03 AM

Motivcom's H1 pretax profit narrows, receives offer

Motivcom's H1 pretax profit narrowed to £0.69m, from a profit of £1.1m. Revenue was £40.3m, from £35.2m. The board did not intend to offer an interim dividend. "As reported on 27 June 2014 trading in the first half of this year was below th
12-Sep-2014 01:42 PM

SMSUK agrees £41m deal for Motivcom

Sodexo Motivation Solutions UK has agreed a recommended £41m deal for Motivcom. SMSUK - a wholly-owned subsidiary of Sodexo SA - says the 148p per share offer represents a 20.8% premium to Motivcom's closing share price of 122.5p last night and
27-Jun-2014 07:28 AM

Motivcom warns

Motivcom said first half-year trading will miss its expectations but insists it is simply a timing issue. The group's order intake remains satisfactory. Whilst the level of the Group's order intake remains satisfactory, the delivery of much of
27-Jun-2014 07:21 AM

Motivcom says H1 trading will be below board view

Motivcom said H1 trading will be below the board's expectations. Whilst the level of the Group's order intake remains satisfactory, the delivery of much of this work is heavily weighted into the second half of the year, it said. As the Group o
27-Mar-2014 07:37 AM

Motivecom profit up

Motivecom's FY pretax profit rose to £2.8m, from £2.5m a year ago. Revenue was £95.9m, from £106.6m. It proposed final dividend of 3.6p a share, taking the total to 5.4p, up 20%. "Budgetary pressures have continued to impact the Meetings a
26-Sep-2013 08:31 AM

Motivcom H1 pretax profit up 74% to £1.6m

Motivcom's first-half pretax profit soared 74% to £1.6m, from £0.89m. Revenue totalled £46.3m, from £49.2m. Lower cost of sales and administrative expenses helped the heady rise in pretax profit. The company hiked its interim dividend 20% to 1.8
20-Mar-2013 07:44 AM

Motivecom FY profit narrows, unveils tender offer

Motivecom's full-year pretax profit narrowed to £2.5 million, from £3.3 million, on slightly higher revenue, and revealed plans of a tender offer to buyback 10% of its shares. Revenue was £106.6 million, from £105.9 million. "The group&apo

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