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PPC LIMITED – Restructuring and refinancing project update, operation update and renewal of cautionary - SENS

PPC LIMITED – Restructuring and refinancing project update, operation update and renewal of cautionary - SENS
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

South africaRepublic of south africaSouth africanLouise fortuinRonel van dijkLtd boardHabesha cement share companyShareholders of the companyCompany or groupBerlin to teamHoldings mauritiusStock exchange news serviceGroup revenue performanceFinancial communications advisorRefinancing project updateCautionary announcement

MCMining report 2H20 results

MCMining report 2H20 results
worldcoal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldcoal.com Daily Mail and Mail on Sunday newspapers.

Eastern capeSouth africaNorthern capeSouth africanSam randazzoMc miningIndustrial development corpAfrica limitedUitkomst collieryGreater soutpansberg projectsLimpopo projectsIndustrial developmentSouth africa limitedMakhado project phaseBrenda berlinNon executive director

MC Mining provides CEO update

Advertisement MC Mining Ltd has announced that, further to its announcement of 12 February 2021, Brenda Berlin has resigned as Acting CEO and Executive Director. The search for a replacement CEO is at an advanced stage and Non-Executive Director Sam Randazzo, the Chairman of the Company’s Audit & Risk Committee, has been appointed as Interim CEO. Read the article online at: https://www.worldcoal.com/coal/23022021/mc-mining-provides-ceo-update/ You might also like

Sam randazzoMc mining ltdCompany audit risk committeeBrenda berlinNon executive director sam randazzoRisk committeeMc miningMetallurgical coalThermal coalHard coking coalசாம் ராந்டஜ்ஜொம்ஸீ சுரங்க லிமிடெட்நிறுவனம் தணிக்கை ஆபத்து குழுபிரெண்டா பெர்லின்அல்லாத நிர்வாகி இயக்குனர் சாம் ராந்டஜ்ஜொஆபத்து குழு

MC Mining appoints interim CEO

Advertisement MC Mining Ltd confirms that, further to its announcement of 7 December 2020, the recruitment process for a replacement permanent CEO is at an advanced stage and the company anticipates making a further announcement in due course. The outgoing acting CEO, Brenda Berlin, will step down on 15 February 2021 and Sam Randazzo, a Non-Executive Director of MC Mining will serve as interim CEO while the recruitment process is finalised. Berlin has worked closely with Randazzo, facilitating an orderly handover and her departure is not expected to impact the finalisation of the funding for the company’s flagship, fully permitted Makhado hard coking coal project nor the day to day running of the Group’s operating mine, the Uitkomst Colliery.

New zealandBernard pryorSam randazzoAudit risk committeeMc mining ltdNomination remuneration committeeBrenda berlinNon executive directorRisk committeeRemuneration committeeChartered accountants australiaMakhado phaseMc miningHard coking coalMetallurgical coalThermal coal

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).

Eastern capeSouth africaKwazulu natalNorthern capeIndustrial development corporation of south africa limitedMc mining ltdDepartment of water sanitationUitkomst collieryGreater soutpansberg projectsBrenda berlinExecutive directorIndustrial development corporationSouth africa limitedRestructured initialMakhado projectMakhado phase