Go Back Email this Link to a friend


Keh - Keaton Energy - Delmas Project Mining Right Granted

Release Date: 17/06/2009 14:00:01      Code(s): KEH
KEH - Keaton Energy - Delmas Project Mining Right Granted                       
Keaton Energy Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/011090/06)                                            
JSE share code: KEH  ISIN: ZAE000117420                                         
("Keaton Energy" or "the company")                                              
DELMAS PROJECT MINING RIGHT GRANTED                                             
Keaton Energy Holdings Limited is pleased to announce that the Department of    
Minerals and Energy (DME) has granted its 74%-held subsidiary, Keaton Mining    
(Pty) Ltd, a 20-year mining right on its Delmas Project in South Africa`s       
Mpumalanga Province.                                                            
Keaton Energy recently released an updated mineable in situ coal resource       
estimate for the Delmas Project of 163.4 million tonnes, inclusive of a 25.9    
million tonne coal reserve.                                                     
Keaton Energy Managing Director Paul Miller said: "The granting of the mining   
right is the single most important step towards bringing the mine into          
production. We are grateful to the DME for its support and co-operation."       
Note: the detailed May 2009 Coal Resource and Reserve Statement for both the    
Delmas and Sterkfontein projects is available on Keaton Energy`s website,       
www.keatonenergy.co.za.                                                         
Bryanston                                                                       
17 June 2009                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 17/06/2009 14:00:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.                                          



                                        
Email this JSE Sens Item to a Friend.

Send e-mail to
© 2017 SHARENET (PTY) Ltd, Cape Town, South Africa
Home     Terms & conditions    Privacy Policy
    Security Notice    Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.