Milestones

January 2012
LME transaction implemented, Keaton Energy operational management team strengthened
December 2011
Keaton Energy receives ministerial consent for LME transaction
Changes to the board of directors
Vanggatfontein Mine: production, sales take off, first profits flow
October 2011
Keaton Energy’s Vanggatfontein starts to deliver
July 2011
Keaton Energy receives Competition Commission approval for the LME acquisition
June 2011
Keaton Energy moves from explorer/developer to producer
Keaton Energy appoints non-executive director
February 2011
Keaton Energy to acquire 74% acquisition of Leeuw Mining and Exploration (Pty) Limited
Keaton Energy to acquire export foothold
December 2010
First major project dispatches first coal
November 2010
Vanggatfontein coal reserve increased by 24% to 32.2 million tonnes
October 2010
Appointment of independent non-executive director
September 2010
Major new coal project targets domestic markets
August 2010
Keaton Energy wins new SAMREC Award
July 2010
Keaton Energy to supply 16.5 million tonnes of coal to Eskom
May 2010
Vanggatfontein land access secured; plant construction begins
April 2010
Sterkfontein Coal Resource doubled to 69 million tonnes
November 2009
Go-ahead announced for Vanggatfontein Project – Phase 1
August 2009
Extension drilling programme begins at Sterkfontein
June 2009
Vanggatfontein mining right awarded
May 2009
25.9 million tonne Coal Reserve announced for Vanggatfontein (as part of a 163 million Coal Resource)
April 2009
Sterkfontein Project area expansion announced
October 2008
Klip Colliery (Klipfontein) begins production
September 2008
Klipfontein mining permit awarded
May 2008
Resource upgrade – 213 million tonne resource declared
April 2008
R100 million raised prior to JSE listing at R10 per share;
Amalahle prospecting rights awarded
March 2008
206 million tonne Coal Resource at Vanggatfontein and Sterkfontein declared in published CPR; mining right application submitted for Vanggatfontein
December 2007
R312m in seed capital raised at R7 per share
April 2006
Keaton Energy established

Group structure

Group structure

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