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Wescoal resumes mining at Vanggatfontein

Wescoal has resumed all coal mining, handling and processing activities at the Vanggatfontein Mine - accordingly production downtime has been lifted.

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...

Keaton Energy progresses Vaalkrantz sale

JSE-listed coal miner Keaton Energy said in its results for the six months ended 30 September 2015 that negotiations with regards to the sale of Vaalkrantz are progressing and have led the board to...

Keaton Energy withdraws Sterkfontein project coal reserve estimate

JSE-listed coal miner Keaton Energy has temporarily withdrawn its Mpumalanga-based Sterkfontein coal reserve estimate for 2013 and 2014. The estimate was originally based on the results of an independent Concept Study conducted for the project. A...

Keaton Energy receives buyout offer for its KZN assets

JSE-listed coal junior Keaton Energy has received an offer to acquire the entire issued share capital and claims against Leeuw Mining and Exploration and Amalahle Exploration, which constitute the company’s KwaZulu-Natal (KZN) assets. The KZN...

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...