MC Mining director resigns as company maintains suspension of mining operations
The resignation of former CEO Yi (Christine) He comes as MC Mining reviews its Makhado Project business plan following commissioning tests, while operations at its three mining sites remain suspended
MC Mining has announced the resignation of Yi (Christine) He as a Non-Executive Director, effective November 9, 2026, as the company continues to review its operational and funding position.
Ms He previously served as Managing Director and Chief Executive Officer before stepping down from the executive position on July 29, 2026, when she transitioned to a Non-Executive Director role. During her time on the board, she also served on the Audit and Risk Committee and Disclosure Committee.
The company thanked Ms He for her contribution, including her leadership as Managing Director and Chief Executive Officer. The Board indicated that it would consider its composition and communicate any further changes.
Meanwhile, MC Mining has resolved to maintain the temporary suspension of mining and production operations at its Makhado Project in Limpopo, while it reviews the mine’s business plan and funding requirements.
The decision follows the C4 hot commissioning of the project’s coal handling and preparation plant (CHPP), which demonstrated the processing of run-of-mine coal and the production of hard coking coal (HCC) and thermal coal. The commissioning tests achieved a washing rate of approximately 7,600 tonnes per day, with HCC quality of about 10% ash.
However, the tests also identified areas requiring optimisation in the mining and processing operations, including the front-end feeder infrastructure.
MC Mining said the suspension would allow it to reassess the mine plan, outstanding capital expenditure, infrastructure requirements and funding needed to complete critical project work and resume operations. The company will also review the contractor and operating arrangements required for the restart.
Operations at Makhado were initially suspended on October 1, 2026, while the company finalised its funding arrangements. Operations at Uitkomst Colliery and Vele Colliery also remain suspended.
The company said the timing of a restart would depend on the outcome of the business plan review, securing additional funding and finalising the necessary project and operational arrangements.
