MC Mining Limited Update on Makhado Project Regulatory Progress (3125A)

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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               +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: 
                                      Financial PR 
 Jos Simson/ Gareth Tredway            (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).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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September 11, 2018 02:00 ET (06:00 GMT)

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