MAC Copper Ltd. (NYSE:MTAL; ASX:MAC) has announced that it received regulatory approval from the Financial Surveillance Department of the South African Reserve Bank (SARB) for its proposed acquisition by Harmony Gold (Australia) Pty Ltd, a subsidiary of Harmony Gold Mining Company Limited. This approval marks a significant milestone in the acquisition process, satisfying one of the key regulatory conditions necessary for the transaction's implementation. MAC Copper Ltd.'s CEO, Mick McMullen, emphasized the importance of this approval in the ongoing process and encouraged shareholders to participate in the upcoming vote on the transaction. The approval is specific to MAC Copper Ltd. and its acquisition by Harmony Gold, with no indication of grant or funding obtained by multiple organizations.
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