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MC Mining provides quarter update

Advertisement MC Mining Ltd, which operates in South Africa, together with its subsidiaries, has provided an update for the three months ended 31 December 2020, the second quarter of the company s 2021 financial year (2Q FY21). Salient operational and corporate features The focus on health and safety continued at the high-grade Uitkomst metallurgical and thermal coal mine, with one lost-time injury (LTI) recorded during the quarter (1Q FY21: three LTIs). Measures previously implemented by the company to prevent the spread of COVID-19 remain in place. Uitkomst experienced a high level of absenteeism due to COVID-19, which resulted in a decline of run-of-mine (ROM) coal production by 14% on the comparative December 2019 period (2Q FY21: 108 945 t vs second quarter of the company’s 2020 financial year [2Q FY20]: 127 021 t).

Investegate |MC Mining Limited Announcements | MC Mining Limited: Report for the Quarter Ended 31 December 2020

    MC Mining Limited ( MC Mining or the Company ) which operates in South Africa, together with its subsidiaries, hereby provides its update for the three months ended 31 December 2020, the second quarter (the Quarter ) of the Company s 2021 financial year. All figures are denominated in United States dollars unless otherwise stated. Safety metrics are compared to the preceding quarter while financial and operational metrics are measured against the comparable period in the previous financial year . A copy of this report is available on the Company s website, www.mcmining.co.za .   Salient operational and corporate features · The focus on health and safety continued at the high-grade Uitkomst metallurgical and thermal coal mine ( Uitkomst Colliery or Uitkomst ), with one lost-time injury ( LTI ) recorded during the Quarter (FY2021 Q1: three LTIs);

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