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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 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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