Despite having experienced a challenging quarter ended December 31 – the company’s second quarter of the 2019 financial year – ASX-, Aim- and JSE-listed MC Mining remains positive about the prospects for the full year.
The company reported decreased run-of-mine (ROM) production from its Uitkomst colliery, at 112 562 t, compared with the 140 501 t produced in the second quarter of the 2018 financial year, owing to continued equipment availability issues, incorporating the staff of its former mining contractor into new systems and process challenges following the transition to owner mining in August 2018.