Shares in MC Mining, which is headed by industry veteran David Brown, jumped the most in nearly seven months on Tuesday after it said it had been given the go-ahead for its Generaal coking and thermal coal project in Limpopo.

The Generaal project, together with the Chapudi and Mopane projects, comprise the company’s longer-term Greater Soutpansberg Project (GSP) in the Soutpansberg coalfield. It is the second of the mining rights to be granted...

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