https://www.engineeringnews.co.za

Shareholders approve Coal of Africa name change to MC Mining

8th December 2017

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

Font size: - +

JOHANNESBURG (miningweekly.com) – South Africa-focused coal exploration, development and mining company Coal of Africa (CoAL) has received shareholder approval for its intended name change to MC Mining following the company’s annual general meeting in November.

The name change was first proposed in October. At the time, CoAL CEO and executive director David Brown noted that MC Mining was considered an appropriate name as it defined the company’s geographic and operational focus.

He explained that it was the view of the board that the company rebrand to reflect its potential growth, particularly of its hard coking (metallurgical) coal prospects.

As at September, CoAL’s available cash was $7.8-million, with restricted cash of $500 000.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.088 0.142s - 156pq - 2rq
Subscribe Now