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Can MC Mining’s Makhado Project Offset Uitkomst’s Production Slump?
9:04pm on Friday 30th of January, 2026 AEDT
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Mining
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Can MC Mining’s Makhado Project Offset Uitkomst’s Production Slump?
9:04pm on Friday 30th of January, 2026 AEDT
Key Points
Makhado Project on track for coal plant commissioning in March 2026
Uitkomst Colliery production down 40% year-on-year despite cost-cutting
Cash reserves shrink to US$2.9 million amid ongoing loan repayments
Vele Colliery remains suspended pending business plan review
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