Strategy

strategy acquisition makhado

MC Mining Limited (MCM) is primarily focused on the acquisition, exploration and responsible sustainable development of the company's thermal and coking-coal projects in South Africa. MCM intends to balance the company's socio-economic potential of mining development and environmental compliance through earnest co-operation between all stakeholders.

The disposal of Mooiplaats Colliery in November 2017 completed the company's 5 point turnaround strategy. This transaction has not only strengthened the company's balance sheet, but has also removed overhead costs for the company.

MCM remains focused on moving our flagship Makhado Project forward, and acquiring cash generating assets to make MCM self-sufficient and thereby create a sustainable mid-tier coal producer.

We will deliver on our strategy by:

  • employing staff with appropriate skills and experience to bring projects on line safely, responsibly and cost-effectively;
  • developing and operating our assets in compliance with the law; and
  • active, regular and transparent consultation with our stakeholders to achieve mutually favourable outcomes.