MC Mining appoints Christine He managing director and CEO

MC Mining Limited announced the appointment of Christine He as managing director and chief executive officer, effective October 1, 2025. He, who has served as interim managing director and CEO since July 1, 2024, has been recognized for her instrumental role in the company's transition from exploration to sustainable development and operations.

He's compensation includes a starting annual guaranteed cost to company of ZAR3,500,000. Her ongoing appointment can be terminated by either party with six months' written notice. She qualifies for the company's Performance Incentive Scheme, including short-term and long-term incentives, with a potential bonus of up to 200% of her annual guaranteed cost based on agreed company and individual targets.

With over 20 years of senior management experience and a background in financing and executing large construction and mining projects, He has been a significant shareholder of MC Mining for over 23 years. The company anticipates meeting its coal production target at the Makhado Project in Q1 2026 under her leadership.