MC Mining FY2026 loss after tax narrows 51% to USD 17.8 million; revenue falls 57% to USD 7.4 million

Bitget2026/09/30 08:16

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MC Mining posted a loss after tax that narrowed 51% to USD 17.8 million for the year ended 30 June 2026.
Revenue fell 57% to USD 7.4 million, while cost of sales dropped 35% to USD 15.6 million.
Unrestricted cash slid 61% to USD 2.9 million, while net asset value rose 43% to USD 118.7 million.
Uitkomst ROM output fell 64% to 139,821 tonnes, and mining and processing were suspended from 1 March 2026.
Makhado plant construction was completed, hot commissioning began in May 2026, and Kinetic Development Group ended FY2026 with 51% control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MC Mining Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S603940), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MC Mining FY2026 loss after tax narrows 51% to USD 17.8 million; revenue falls 57% to USD 7.4 million

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