JSE-listed coal mining company Keaton Energy remained on target to achieve its production goal of five-million tons a year within the next three to five years, new CEO Mandi Glad said last week.Speaking to journalists at Keaton's Vanggatfontein mine, in Delmas, she said that the company would look at acquisitions to supplement its production growth profile. "We are not looking to particularly expand in the Delmas area as the coal is not that great. Keaton would like to expand into areas that have higher-quality coal, such as Witbank and Ermelo."We are surrounded by bargain mines in the Delmas region, but we are looking for opportunities that fit the mine's growth strategy. We are highly acquisitive at the moment, and will pursue opportunities with vigour," Glad added.
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