Keaton Energy is a coal exploration and development company, created to pursue opportunities arising from both the increased demand for coal domestically and abroad and the changes in mineral legislation in South Africa.
The Vanggatfontein Project (formerly known as the Delmas Project) boasts a Coal Resource of 163.4 million tonnes. The mining right is held by Keaton Energy’s 74% subsidiary, Keaton Mining (Pty) Limited and was granted in June 2009.
The Sterkfontein Project prospecting rights are held by Keaton Mining. Limited exploration work has been done on the project since the declaration of a 34 million tonne Coal Resource in May 2008.
Klip Colliery. Previously the Klipfontein Project, this is Keaton Energy’s first producing colliery.
Amalahle Prospects. The Leeuwfontein and Braamspruit prospects, have proven to be of economic interest and are now part of the group’s small projects portfolio.
Keaton Energy announced today that it plans – in a two-stage transaction – to refinance and acquire a 74% interest in South African export coal producer Leeuw Mining and Exploration (Pty) Limited (LME). Full release
Full release (PDF - 97KB)
Keaton Energy shareholders are advised that the company is still in negotiations which, if successfully concluded, may have a material effect on the price of the company’s securities. Full release
Annual report 2010
(PDF - 495KB)
Reviewed interim condensed group results for the six-month period ended 30 September 2010 (PDF - 204KB)
Preliminary summarised audited group results for the year ended 31 March 2010
(PDF - 96KB)