Resources Watch

This week: Keaton Energy seeks to expand its portfolio, targeting 5-million tons a year. Anglo launches the R4.2-billion Zibulo coal mine. And, the IDC invests big in a new-look platinum integration.

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...

Company Announcement: Substantial Across-The Board Production Increases in FY 2012

Keaton Energy, in a production update released today, reports substantial across-the-board production increases from its South African operations in the financial year ended 31 March 2012.

Coal In Motion

With two collieries now in production, JSE-listed Keaton Energy, headed by MD Paul Miller, is accelerating the company’s Koudelager and Braakfontein projects. As part of the takeover of Leeuw Mining & Exploration (LME) last year, Keaton acquired...

Keaton Energy seeks to expand portfolio, targets 5Mt/y

With two collieries now in production, Keaton Energy MD Paul Miller said that the JSE-listed company would move “aggressively” to also bring on line its Koudelager and Braakfontein projects. As part of the takeover of Leeuw Mining &...

Company Announcement: Capital Injection, Other Measures Spur Leeuw Mining & Exploration Absorption Into Keaton Energy 'Fold'

Keaton Energy Holdings Limited continues apace with plans for absorbing into its portfolio the assets of recently acquired Leeuw Mining & Exploration (Pty) Limited, says Keaton Managing Director Paul Miller.

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...

Company Announcement: Vanggatmine-production, sales take off, first profits flow

Keaton Energy Holdings Limited today announced net profit of R8.4 million, reflecting increased sales of 5-Seam coal to domestic customers and the start of 4- and 2-Seam coal deliveries to South African power utility Eskom from the company‟s...

Keaton Energy posts R8.4m half-year profit

JSE-listed Keaton Energy, which has set itself a production target of five-million tons of coal a year in the coming years, on Friday reported higher earnings as it ramped up production at the Vanggatfontein mine. The junior miner realised a 235%...

Company Announcement: Bell Equipment founder passes on

It is with great sadness that South Africa’s leading heavy equipment manufacturer Bell Equipment announces the passing away of its founder, Irvine Bell at his home on 11 October at the grand age of 91.

Keaton gains competition approval for LME acquisition

The Competition Commission has unconditionally approved Keaton Energy’s acquisition of 74% stake in Leeuw Mining & Exploration (LME), the coal junior said on Thursday. The R140-million transaction was announced in February.

Keaton posts R7.2m profit as it moves from developer to producer

JSE-listed coal junior Keaton Energy is making significant advances towards achieving its long-term target of becoming a mid-tier coal producer, Keaton Energy CEO Paul Miller said on Wednesday. Moving from a coal exploration and development...