SEHK:1277Oil and Gas
Will Kinetic Development Group's Push for Control of MC Mining Reshape Its (SEHK:1277) Resource Strategy?
Kinetic Development Group recently increased its stake in MC Mining to approximately 40.13% through completed share subscription tranches, with ambitions to reach a 51% holding as the Makhado Project in South Africa advances towards key infrastructure milestones by December 2025.
This move highlights Kinetic’s intention to deepen its involvement in the mining sector and signals confidence in the development potential of the Makhado asset.
We'll examine how Kinetic's push for majority...