Sharenet Sites 
Sharenet Sites
Further governance consolidation following completion of the Kinetic Development Group Limited transaction
MC Mining Limited
Previously Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000MCM9
JSE share code: MCZ
ASX/AIM code: MCM
ANNOUNCEMENT
20 May 2026
Further Governance Consolidation Following Completion of the Kinetic Development Group Limited Transaction
MC Mining Limited (ACN 008 905 388) (MC Mining or the Company) is pleased to announce that the
Board of Directors (the Board) has appointed Mr Jianheng (Albert) Deng as Non-Executive Chairman
of the Board with effect from 19 May 2026, succeeding Mr Mathews Senosi who has served as Interim
Chairman.
Appointment of Mr Jianheng (Albert) Deng as Chairman
Following careful deliberation, the Board has elected to appoint Mr Deng as Chairman.
Mr Deng was appointed to the Board as a non-executive director on 15 October 2025. He holds a
Master of Science in Finance from the University of Glasgow and a Bachelor of Law from the South
China University of Technology. Mr Deng is a Chartered Financial Analyst (CFA) and holds the Legal
Professional Qualification Certificate in China. He is currently Chairman of KDG's South Africa
International Logistics and Transportation Company, where he has overseen the establishment and
management of mining engineering and logistics operations in the region. He previously served as
Assistant President and Investment Director at Guangzhou R&F Properties, where he was responsible
for investment strategy, due diligence, and the management of large-scale projects. Fluent in
Mandarin, Cantonese and English, Mr Deng brings a combination of international commercial
expertise and governance experience to the role.
Mr Deng's appointment as Chairman comes at a critical time in the transition of MC Mining from a
largely development and exploration group to an operating, export-oriented hard coking coal
producer. His international experience at a strategic level, together with his close affiliation with KDG
as the majority shareholder, will be invaluable in aligning Company objectives and achieving the
growth ambitions of MC Mining for the benefit of the broader stakeholder grouping.
Mr Senosi steps down as Interim Chairman
Mr Senosi steps down as Interim Chairman but will continue to serve on the Board as a Non-Executive
Director. Mr Senosi, a qualified mining engineer with over 25 years' experience in the mining industry
and CEO of the Overlooked Mining Group, was first appointed to the Board as a Non-Executive
Director in April 2022 and has served as Interim Chairman during a period of significant change for the
Company, including the negotiation, shareholder approval and progressive implementation of the
KDG Subscription. The Board records its sincere appreciation to Mr Senosi for his leadership, steady
stewardship and contribution as Interim Chairman in guiding the Company through this
transformative period.
Commenting on the appointments, Mr Deng said:
"I am honoured to take on the role of Chairman of MC Mining at this pivotal stage in
the Company's development. I would like to thank Mathews for his exemplary
leadership as Interim Chairman during a period of profound transition for the
Company. With the Makhado Project in advanced construction and commissioning,
and the strong support of KDG as our strategic partner, the Company is well positioned
to deliver on its ambition of becoming a significant producer of hard coking coal for
export markets. I look forward to working with the Board, management and all
stakeholders to realise this vision."
This announcement has been approved by the Company's Board of Directors.
For more information contact:
Bill Pavlovski Company Secretary Vision Corporate bill.pavlovski@mcmining.co.za
JSE Equity Sponsor:
BSM Sponsors
About MC Mining Limited:
MC Mining is an ASX/JSE-listed coal exploration, development and mining company operating in South
Africa. MC Mining's key projects include the Uitkomst Colliery (metallurgical and thermal coal),
Makhado Project (hard coking coal), Vele Colliery (semi-soft coking and thermal coal), and the Greater
Soutpansberg Projects (coking and thermal coal).
Date: 20-05-2026 11:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
