JSE-listed Keaton Energy continues to follow legal processes to resolve the illegal industrial action by employees of underground mining contractor Nasonti Mining that included an illegal sit-in at the group’s Vaalkrantz Colliery. Nasonti launched a retrenchment process in February, citing financial pressure, and halted its operations at Vaalkrantz. Nasonti applied for voluntary liquidation, after which an undisclosed number of Nasonti employees overpowered private mine security and entered the mine through the belt road demanding payment of their outstanding salaries and retrenchment packages from Nasonti.
