MC Mining output, sales buckle under lower demand, prices in Q2

JSE-, ASX and Aim-listed MC Mining has experienced a challenging June quarter, troubled by low coal volumes and prices.

The company’s Uitkomst colliery, in KwaZulu-Natal, did not produce run-of-mine (ROM) coal in April, while being limited to 50% labour capacity in May, and normalised pre-lockdown production levels by the end of June.