https://www.miningweekly.com

Keaton Vanggatfontein H1 production up 5%

13th October 2014

By: Leandi Kolver

Creamer Media Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – JSE-listed Keaton Energy on Monday reported that output of washed 2- and 4-seam coal from its Vanggatfontein colliery, in Mpumalanga, had increased 5% year-on-year to 1.2-million tons in the first half of the 2015 financial year.

No toll washing had taken place during the six-month period, with all capacity having been used for the company’s own production.

Further, 5-seam metallurgical coal sales increased 18% year-on-year to 65 006 t, but discard and slurry sales fell to 131 985 t during the period, from 555 963 t during the prior corresponding period, as discards were used in on-site construction activities.

Further, production of domestic and export anthracite at Keaton’s Vaalkrantz operation, in KwaZulu-Natal, had increased 24% to 191 898 t for the half-year.

Keaton said this growth highlighted the success of the company’s drive to not only maintain but grow production at the mine.

“With another record period of safe production, growth and cash generation, we move forward confidently to execute our growth projects, while maintaining our long-life cash generating assets at optimal production levels,” Keaton CEO Mandi Glad commented.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

CSIR International Convention Centre (CSIR ICC)
CSIR International Convention Centre (CSIR ICC)

CSIR International Convention Centre (CSIR ICC) - the leading conference and events venue in Pretoria/Tshwane.

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 0.511s - 128pq - 2rq
Subscribe Now