MC Mining’s loss widens as coal prices fall
Coal prices fell by almost a third during the miner's half-year to end-December, though it managed to increase production
13 March 2020 - 14:24
MC Mining said on Friday that changes in mine management failed to offset a steep fall in coal prices in its year to end-December, when its loss almost doubled.
The group reported loss for the period of $7.1m (R115m) from $3.6m previously, with coal prices under pressure in 2019 from lower natural gas prices...
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