MC Mining Ltd 2020 AR2
The report outlines MC Mining Limited's operational and financial performance for the fiscal year ended June 30, 2020. Key highlights include the approval of a $17 million term loan facility from the Industrial Development Corporation of South Africa for the Makhado Project Phase 1. The company also secured a Mining Right for the Generaal coking and thermal coal project. Despite challenges from the COVID-19 pandemic and subsequent lockdown, which temporarily placed the Uitkomst Colliery on care and maintenance, the colliery remained cash generative, producing 431,354 tonnes of run-of-mine coal and generating $17.2 million in revenue.
Company: MC Mining Ltd
Sector: Mining & quarrying
Country: Australia
Year: 2020
Type: AR2
Pages: 128
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MC Mining Ltd
Annual Report
The report outlines MC Mining Limited's operational and financial performance for the fiscal year ended June 30, 2020. Key highlights include the approval of a $17 million term loan facility from the Industrial Development Corporation of South Africa for the Makhado Project Phase 1. The company also secured a Mining Right for the Generaal coking and thermal coal project. Despite challenges from the COVID-19 pandemic and subsequent lockdown, which temporarily placed the Uitkomst Colliery on care and maintenance, the colliery remained cash generative, producing 431,354 tonnes of run-of-mine coal and generating $17.2 million in revenue.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees