MC Mining receives takeover proposal from Vulcan Resources

MC Mining receives takeover proposal from Vulcan Resources

MC Mining Limited, a key player in the coal exploration, development, and mining sector in South Africa, has announced receiving a non-binding takeover proposal from Vulcan Resources. Vulcan, renowned for operating the Moatize Coal Mine—the largest steelmaking coking coal mine in Mozambique and Africa—has put forth an offer to acquire all shares of MC Mining. […]