MC Mining signs co-operation agreement with Chinese firm
Construction on the junior miner’s flagship Makhado project will commence later in 2019, once funding matters are concluded
24 June 2019 - 05:05
Junior SA coal miner MC Mining has resurrected a co-operation agreement with Haohua Energy International (HEI), a subsidiary of Shanghai-listed Beijing Haohua Energy Resource, China’s largest exporter of hard coal.
The agreement will see HEI “assist and use its best endeavours” to arrange further funding in the development of MC Mining’s substantial coking coal assets”, the company said on Friday. ..
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