KeatonEnergyMining Weekly reports that coal producer Keaton Energy’s subsidiary Leeuw Mining and Exploration (LME) has concluded a Section 189A process for the retrenchment of all 80 employees at its KZN Vaalkrantz colliery.  

Keaton has cited the ongoing global decline in coal prices, force majeure declared on LME by its biggest customer and the unavailability of water owing to the continued drought in the region as the reasons for placing Vaalkrantz on care and maintenance.  All mining and processing operations at the colliery ceased on 1 May.  Discussion with the National Union of Mineworkers (NUM) and the Association of Mineworkers and Construction Union (Amcu) regarding the retrenchments were completed as at 31 May.

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