mining news
Keaton Energy has released its quarterly pro-
duction statement for the period ended 30
June 2013.
Production growth continued strongly in
the quarter. Vanggatfontein colliery delivered
526 034 t of washed 2- and 4-Seam thermal
coal to Eskom in the quarter, an increase of
48 % from the previous quarter’s 356 518 t
and some 70 % higher than the correspond-
ing period last year.
5-Seam metallurgical coal sales into the do-
mestic market increased by 26 % to 25 246 t
from 20 111 t in the previous quarter, and were
up 43 % on the corresponding period last year.
In addition, some 78 071 t of third party coal
was toll washed versus 68 110 t in the previous
quarter and zero in the corresponding period.
“As expected, the strong end to FY13 con-
tinued with record production and cash gen-
eration during the first quarter of FY14,” says
Mandi Glad, Keaton’s CEO. “Vanggatfontein
looks set to deliver outstanding results this
year.”
Production at Keaton Energy’s Vaalkrantz
colliery in KZN was affected by geological dif-
ficulties, but the mine still dispatched 76 454 t
of anthracite to domestic and export custom-
ers in the three month period to 30 June 2013,
down 2 % compared with the previous quar-
ter’s 78 348 t and down only 9 % versus the
corresponding period last year.
“Vaalkrantz’s performance, in the face of
Keaton Energy reports strong production growth
continuing challenging geological conditions,
is pleasing both from production and safety
perspectives,” says Glad. “With the long-
life Vanggatfontein mine now approaching
steady state, our priority remains to grow our
Mining operations by mining contractor Liviero at Keaton Energy’s Vanggatfontein mine. The excavators
are a Liebherr 9250 (on the left) and a Liebherr 984 while the trucks are Cat 777Ds.
business by advancing our internal pipeline
of development projects, aggressively pur-
suing acquisition opportunities and further
optimising the performance of our existing
operations.”
