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Keaton Energy concludes KZN assets disposal

Keaton Energy, the JSE-listed coal miner, has concluded the disposal of both Leeuw Mining and Exploration and Amalahle Exploration, collectively the KwaZulu Natal anthracite assets, with Bayete Energy Resources for a consideration of R24 715...

Court decision allows Buffalo Coal Corp to continue mining at Aviemore

JSE-listed anthracite coal mining company Buffalo Coal Corp has been granted an application for urgent relief, setting aside a Department of Mineral Resources (DMR) decision taken in August to withdraw its Kwa-Zulu Natal Aviemore anthracite...

DMR withdraws Buffalo Coal Corp’s Aviemore mining right

JSE-listed anthracite coal mining company Buffalo Coal Corp has stopped mining at its Aviemore mine in Kwa-Zulu Natal following the DMR’s decision to withdraw its Mining Right 301 – due to “procedural issues” in...

Corrupt practices at Vaalkrantz sees Keaton Energy report R71.9M net loss

South African coal junior Keaton Energy has suffered significant financial setbacks at its Vaalkrantz colliery following corrupt practices and coal theft. This was revealed following the announcement of the company’s year-end financial results to 31 March...

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