MC Mining Advances Makhado Project as Uitkomst Production Slumps 13%

• Makhado project achieves 727 days lost time injury-free and begins coal preparation plant construction
• Uitkomst Colliery's run-of-mine coal production falls 13% due to seam and equipment issues
• Coal preparation plant yields at Uitkomst improve from 60% to 73% despite lower production
• Kinetic Development Group Limited invests $20 million via share subscription