Junior coal miner MC Mining has appointed mining veteran Godfrey Gomwe as new group CEO and former finance minister Nhlanhla Nene as the new chair with the hope that they will help the company find the necessary funding to get its Makhado project off the ground.

“Godfrey brings a wealth of mining, commercial, financial and leadership expertise, and his extensive skills will be invaluable to MC Mining as we complete the Makhado funding package with a view to commencing construction later in FY2022 ,” Nene said in a statement on Thursday...