MC Mining gets regulatory nod in South Africa for Generaal coal project

Tue, 5th Nov 2019

MC Mining said the South African Department of Mineral Resources had granted a mining right for its 74%-owned Generaal coking and thermal coal project in Limpopo province. The Generaal project, together with the Chapudi and Mopane projects, comprised the company's longer-term Greater Soutpansberg project (GSP) in the Soutpansberg coalfield. 'The granting of the Generaal project mining right is a further step in unlocking value from MC Mining's significant coking and thermal coal assets,' chief executive David Brown said. At 9:58am: (LON:MCM) MC Mining share price was 0p at 30p Story provided by StockMarketWire.com

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