Mining News

MC Mining inks deal to piggyback off Overlooked’s export channel

Aim-, ASX- and JSE-listed coal explorer, developer and miner MC Mining has entered into a coal sales and marketing agreement with Mpumalanga-based coal miner Overlooked as an avenue to open an export channel of its API4 grade of coal.

The marketing agreement, which expires on December 31, will facilitate the export of coal produced at MC Mining’s Uitkomst colliery, in KwaZulu-Natal, ensuring the mine benefits from the prevailing international coal prices.

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