MC Mining pays final instalment for acquisition of Makhado
JSE-listed coal mining company MC Mining subsidiary Baobab Mining & Exploration has paid the final instalment of R35-million to the Lukin and Salaita property owners to secure the purchase of key surface rights for the Makhado hard coking coal project, in Limpopo. MC Mining on January 11 announced that Baobab and the property vendor had agreed to extend the due date for payment to February 28.