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Buffalo Coal Corp secures additional funding and downgrades public listings

South African anthracite miner Buffalo Coal Corp. has secured additional funding from Investec Bank and Resource Capital Fund V L.P. (RCF) to use for working capital and to address its immediate liquidity concerns. Despite the...

Court decision allows Buffalo Coal Corp to continue mining at Aviemore

JSE-listed anthracite coal mining company Buffalo Coal Corp has been granted an application for urgent relief, setting aside a Department of Mineral Resources (DMR) decision taken in August to withdraw its Kwa-Zulu Natal Aviemore anthracite...

DMR withdraws Buffalo Coal Corp’s Aviemore mining right

JSE-listed anthracite coal mining company Buffalo Coal Corp has stopped mining at its Aviemore mine in Kwa-Zulu Natal following the DMR’s decision to withdraw its Mining Right 301 – due to “procedural issues” in...

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