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Makhado reaches first coal milestones but MC Mining pauses for funding
4:51pm on Friday 30th of October, 2026 AEDT
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Mining
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Makhado reaches first coal milestones but MC Mining pauses for funding
4:51pm on Friday 30th of October, 2026 AEDT
Key Points
Makhado demonstrated coal washing and hard coking coal production
US$170,000 of cash and facilities at 30 September
Funding runway estimated at 0.8 quarters
Operations temporarily suspended after quarter end
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