Shares in MC Mining, which is headed by industry veteran David Brown, jumped the most in nearly seven months on Tuesday after it said it had been given the go-ahead for its Generaal coking and thermal coal project in Limpopo.
The Generaal project, together with the Chapudi and Mopane projects, comprise the company’s longer-term Greater Soutpansberg Project in the Soutpansberg coalfield. It is the second of the mining rights to be granted.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
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