Volatile international coal prices and reduced volumes have hit junior coal miner MC Mining, formerly known as Coal of Africa.

MC Mining may have narrowed its interim loss but revenue has been hurt by lower coal output: it has seen a 63% fall in cash generated from operations in its year to end-June. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.