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MC Mining Posts $36M Loss Amid Impairments; KDG Investment Fuels Makhado Progress
9:36am on Tuesday 30th of September, 2025 AEST
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Mining
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MC Mining Posts $36M Loss Amid Impairments; KDG Investment Fuels Makhado Progress
9:36am on Tuesday 30th of September, 2025 AEST
Key Points
Loss after tax surged 147% to $36 million
Revenue halved due to lower coal production and sales at Uitkomst Colliery
Significant impairments of $24.3 million recorded
Kinetic Development Group to acquire 51% controlling interest
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