Makhado Environmental Authorisation Appealed

RNS Number : 3225C
MC Mining Limited
28 September 2018
 

 

 

 

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:

 

 

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).


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