MC Mining agrees to sell its coal stockpiles
By the AFREEQUE newsroom, based on Business Day (South Africa)
South African mining company MC Mining has reached agreements to sell its coal stockpiles. The sales are expected to help fund development of the Makhado project and ease the company’s cash constraints, Business Day reported on 2 November 2026.
MC Mining, a South African mining company, has reached agreements to sell its coal stockpiles as it seeks funding to advance its Makhado project and address cash constraints, reports Business Day.
The sales are intended to support the company’s funding needs related to the development of Makhado, its coal project, as MC Mining also seeks to preserve its cash reserves, according to the South African newspaper. No figures or timetable for the agreements have been disclosed.
