South Africa: Keaton to Put R335 Million Into Big Mining Project

Johannesburg — COAL exploration and development company Keaton Energy Holdings is ready to begin its first major mining project, Vanggatfontein, near Delmas in Mpumalanga.

CEO Paul Miller said yesterday the company would spend R335m of its available cash on developing phases 1 and 2 of the project. The economic life of the company's first project, Klip Colliery, had recently ended.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.