Temporary Suspension of Colliery Operations
MC Mining Limited
Previously Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
JSE share code: MCZ
ASX/AIM code: MCM
ANNOUNCEMENT 13 July 2021
TEMPORARY SUSPENSION OF COLLIERY OPERATIONS
MC Mining Limited (“MC Mining” or the “Company") advises operations at its 70% owned Uitkomst
colliery have been temporary suspended pending resolution of the civil unrest which has spread
throughout the KwaZulu-Natal province in South Africa. The violence has been reportedly linked to
the recent imprisonment of former President Jacob Zuma.
Unfortunately, protests, road blockages, and attacks targeting transport vehicles have been reported
across KwaZulu-Natal, including the towns and communities where the majority of the Uitkomst mine
employees and contractors reside.
MC Mining’s interim CEO, Sam Randazzo, commented:
“Our first priority is the safety of our employees and contractors and we have taken this immediate
action to protect their well being. Temporarily halting the colliery operations should also discourage
activists from entering the Uitkomst site.”
“Authorities have deployed security forces to areas where protests are occurring, and we remain
hopeful of a speedy resolution so that our employees and contractors can return to work and for
recommencement of operations at the Uitkomst colliery.”
The current situation remains fluid and Company management continue to carefully monitor
developments. Market updates will be provided as and when the situation changes.
This announcement has been approved by the Company’s Disclosure Committee.
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
ASX: MCM / AIM: MCM.L / JSE: MCZ
For more information contact:
Sam Randazzo Interim Chief Executive MC Mining Limited +61 408 945010
Tony Bevan Company Secretary Endeavour Corporate +61 08 9316 9100
James Harris / James Dance Nominated Adviser Strand Hanson Limited +44 20 7409 3494
Rory Scott Broker (AIM) Tennyson Securities +44 20 7186 9031
James Duncan Financial PR (South R&A Strategic +27 11 880 3924
Investec Bank Limited is the nominated JSE Sponsor
About MC Mining Limited
MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South
Africa. MC Mining’s key projects include the Uitkomst Colliery (metallurgical and thermal coal), Makhado
Project (hard coking coal). Vele Colliery (semi-soft coking and thermal coal), and the Greater Soutpansberg
Projects (coking and thermal coal).
This Announcement, including information included or incorporated by reference in this Announcement, may
contain "forward-looking statements" concerning MC Mining that are subject to risks and uncertainties.
Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or
similar expressions identify forward-looking statements. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors that are beyond MC Mining’s ability to control
or estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour
of other market participants. MC Mining cannot give any assurance that such forward-looking statements will
prove to have been correct. The reader is cautioned not to place undue reliance on these forward-looking
statements. MC Mining assumes no obligation and does not undertake any obligation to update or revise
publicly any of the forward-looking statements set out herein, whether as a result of new information, future
events or otherwise, except to the extent legally required.
Statements of intention
Statements of intention are statements of current intentions only, which may change as new information
becomes available or circumstances change.
Date: 13-07-2021 02:06:00
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