Yahoo FinanceAug 10, 2026
Kinetic Development Group (SEHK:1277) Brings Makhado Online Following MC Mining Deal As Valuation Debate Builds
Kinetic Development Group (SEHK:1277) is back in focus after completing a US$90,000,000 subscription for 51% of new MC Mining shares and additional convertible notes, helping to bring South Africa’s Makhado coking coal project into production. See our latest analysis for Kinetic Development Group. The Makhado update comes as Kinetic Development Group’s share price has climbed sharply in recent months, with a 1 month share price return of 32.17% and a year to date share price return of 53.70%...