MC Mining bolsters board, new appointments drive growth

MC Mining (JSE: MCZ) announced the resignation of Mr. An Chee Sin as a Non-Executive Director, effective April 15, 2025, and the appointments of Ms. Wang Lanlan and Dr. Huoxin Wang as new non-executive directors, also effective April 15, 2025. These changes follow the continued progress of implementing the investment by Kinetic Development Group Limited (KDG), according to the terms of the Share Subscription Agreement. Ms. Wang Lanlan, currently Vice President and Chief Financial Officer of Kinetic (Asia) Limited, brings over 10 years of experience in corporate finance and asset appraisal. Dr. Huoxin Wang, with a PhD in Financial Accounting, serves as the Chairman's Assistant and Group Deputy General Manager of Finance at Eagle Canyon International Group. The board changes are intended to leverage expertise that will help guide the new strategic direction of MC Mining.