MC Mining reported a 2% narrower loss after tax attributable to owners of USD 8.1 million (1.22 cents per share), while revenue fell 22% to USD 6.6 million due to lower sales volumes at Uitkomst and weaker thermal coal pricing. Cost of sales declined 12% to USD 11.1 million, resulting in a gross loss of USD 4.5 million. Cash and cash equivalents were USD 2.9 million, and net asset value rose 23% to USD 101.9 million. At Uitkomst, ROM production fell 24% to 140,121 tonnes due to geological challenges, while net revenue per tonne rose 9% to USD 75/t on product mix and pricing. The board approved temporary suspension of Uitkomst mining and processing operations effective 1 March 2026, subject to statutory and regulatory processes, to stem ongoing cash losses.

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