MC Mining requests repayment period extension from IDC
Mining News Pro - Coal miner MC Mining has submitted a formal application to the Industrial Development Corporation of South Africa (IDC) to extend the repayment period for its loan facilities with the institution.
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Visit: 625
MC Mining raises $600 000 for Makhado`s development
Mining News Pro - Coal miner MC Mining has concluded a subscription agreement with Columbia Skies Holdings (CSH), which is owned by black industrialist Pitso Madibo, for 7.8-million ordinary MC Mining shares, or a 4.8% stake.
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Visit: 554
MC Mining`s third-quarter coal production up 12%
Mining News Pro - MC Mining’s Uitkomst Colliery produced 127 122 t of run-of-mine (RoM) coal in its third quarter, ended March 26 − the day before South Africa entered into a five-week lockdown to curb the spread of Covid-19 infections.
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Visit: 874
MC Mining mitigates Uitkomst challenges, focuses on developing new projects
Mining News Pro - Despite having experienced a challenging quarter ended December 31 – the company’s second quarter of the 2019 financial year – ASX-, Aim- and JSE-listed MC Mining remains positive about the prospects for the full year.
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Visit: 1082
UMMC mining firm draws first €100m syndicated loan
Mining News Pro - Russia`s Urals Mining and Metals Co (UMMC) said on Tuesday it had drawn a three-year €100-million syndicated loan from a group of banks to refinance loans and increase its working capital.
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Visit: 1587
MC Mining signs heads of agreement with CRIG
Mining News Pro - MC Mining has signed heads of agreements (HOAs) with a leading international Chinese construction enterprise, China Railway International Group (CRIG)
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Visit: 902