Keaton Energy sees higher earnings

JSE-listed coal miner Keaton Energy expects its headline earnings a share for the year ended March 31, to rise to between 23c and 27c. This compares with 10.3c a share reported in the previous financial year.

Keaton reports significant production increases

With two operational collieries in South Africa, JSE-listed coal producer Keaton Energy on Wednesday said it had significantly increased coal production “across the board” during the financial year ended on March 31. The company’s...

Keaton moves forward with R140m Leeuw acquisition

JSE-listed energy coal company Keaton Energy has received approval from Mineral Resources Minister Susan Shabangu to buy the controlling stake in export coal producer Leeuw Mining & Exploration (LME), it said on Wednesday. Keaton Energy reported...

Sable ups stake in Delta Mining to 63.5%

Aim-listed Sable Mining has completed the acquisition of a further 27.5% stake in Delta Mining Consolidated (DMC), which was previously held by wholly owned London Mining subsidiary Rannerdale Limited, following the necessary approvals for...

Rapid growth of Africa’s mining industry to continue into the future

The company reports that it has placed itself squarely at the centre of the current mining boom, building a strong reputation on some of the continent’s largest mining projects. The company has provided expertise in mine engineering, development...

Keaton Energy issues cautionary announcement, shares jump

South African coal junior Keaton Energy's shares jumped by more than 8% on Thursday, after the company stated that it had entered into negotiations, which might effect its share price. Keaton Energy's share price rose to R4,70 a share on the JSE...

Resources Watch

This week: A new rock drill reduces electricity and water use in mines. The South African mining industry's 2013 zero-harm attainment is unlikely. And, JSE-listed coal miner Keaton Energy eyes a high metallurgical coal profit.

Keaton share price rises on Eskom contract award

The share price of JSE-listed Keaton Energy rose 5% on Tuesday, on the news that it had clinched a seven-year contract to supply energy coal to Eskom, South Africa's State-owned power utility. "This is part of Eskom's medium-term coal procurement...

CoAL makes senior appointments, hires Wallington as CEO

South African junior miner Coal of Africa Limited (CoAL) has appointed John Wallington as its CEO and as an executive director as from June 15. Wallington had resigned as independent nonexecutive director of fellow junior coal-miner Keaton Energy...

Keaton project delayed as dispute with landowners continues

Coal junior Keaton Energy said on Tuesday that its Vanggatfontein project, in Mpumalanga, was already six weeks behind schedule because it cannot gain access to the property. The company announced last week that it was seeking an order from the...

Keaton takes legal action against landowners delaying project

Coal mining junior Keaton Energy on Thursday informed four landowners blocking the company's access to its Vanggatfontein project, in Mpumalanga, that it was seeking an order from the South African High Court to gain access to the property....

Data management system implemented to assist 
development projects

South African coal exploration and development company Keaton Energy has implemented software solutions provider Micromine’s Geological Borehole Information System (GBIS) data management system to ensure geological data integrity and consistency...