07
Jul
04:47
MC Mining's Makhado increases mine life, coal reserves
Australia-listed coal miner MC Mining has seen significant increases in mine life and coal reserves for its fully-licensed and shovel-ready Makhado steelmaking hard coking coal project in South Africa, Kallanish notes.
The updated Life of Mine (LOM) plan demonstrates a significantly increased mine life of 27%, at a higher annual mine production rate of 25%, and results in robust project financial returns.
The targeted rate of mining has been increased t…
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