MC Mining generates cash from its Uitkomst mine in KwaZuluNatal, but lockdown measures and problems in previous years related to the conversion to selfoperated mining activities has limited the mine''s contribution. Makhado phase 1 has a nineyear lifeofmine and is forecast to produce 540,000 tons of hard coking coal annually as well as 570,000 tons of an export quality thermal coal by
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WhatsAppعرض المزيدThe company did not mention the accelerating community campaign against mining in the area. "During the period 2013 to 2015 the iron price has steadily declined from 130 a tonne to 40 a tonne and the global oversupply and diminishing demand situation indicates that the iron ore price will remain in the 40 area for some time to come.
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