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Buffalo reports mixed Q1 performance

By: Simone Liedtke     17th May 2018 Buffalo Coal’s run-of-mine (RoM) production for the quarter ended March 31 decreased by 26% year-on-year and by 9% quarter-on-quarter, as a result of lower output at the Magdalena mine, offset by marginally improved production at the Aviemore mine. Aviemore’s RoM production increased by 17%... 

Corsa to focus on met coal as it exits thermal coal market

By: Nadine James     9th March 2018 TSX-V-listed Corsa Coal is selling its thermal and industrial coal division Central Appalachia (CAPP) to a buyer group led by CAPP's current management team.  "The sale of our CAPP division will allow us to dedicate all of our corporate resources to the metallurgical (met) coal market where we... 

Trade union wins temporary random drug testing victory against Suncor

By: Henry Lazenby     11th December 2017 Unionised workers at Suncor’s Wood Buffalo operations, in northern Alberta, won an important victory last week regarding random drug testing by their employer, Suncor Energy. The Court of Queen's Bench of Alberta issued an injunction on Suncor on Thursday, prohibiting the employer from randomly... 

Buffalo’s Q3 loss widens, RoM production down 20.4% y/y

By: Creamer Media Reporter      10th November 2017 AltX- and TSX-V-listed Buffalo Coal’s run-of-mine (RoM) production fell by 20.4% year-on-year to 319 000 t in the third quarter ended September 30. RoM production from the Magdalena underground mine decreased by 36.4% year-on-year to 178 000 t, as a result of difficult geological mining... 

First indigenous tree species planted on West Rand sand dump

By: Ilan Solomons     27th October 2017 Local environmental watchdog the Federation for Sustainable Environment (FSE) planted the first indigenous trees, namely Ziziphus mucronatas, which are commonly known as Buffalo Thorns, on the rehabilitated footprint area of Sand Dump 20 in Randfontein, on the West Rand, earlier this month. The... 

Despite navigating murky waters, coal junior Buffalo swings back into the black as coal prices rise

By: Henry Lazenby     12th May 2017 Dual-listed, high-quality coal producer Buffalo Coal has swung back to profit for the first three months of 2017, boosted by improving demand for its anthracite and bituminous coal. The Johannesburg-based junior public company, with listings on the TSX-V and the JSE’s AltX exchanges and... 

De Beers receives conservation award

By: David Oliveira     21st April 2017 Diamond mining company De Beers Consolidated Mines (DBCM) received the biodiversity and social responsibility award last month for its approach to ecological management at the Wildlife Ranching South Africa awards, which took place at The Ranch in Polokwane, Limpopo. The company received the... 

Enbridge closes $1.08bn sale of Prairie-based pipeline assets

By: Henry Lazenby     2nd December 2016 Dual-listed oil and gas logistics company Enbridge on Thursday announced that it has closed the $1.08-billion sale of liquids pipelines and related facilities in south-east Saskatchewan and south-west Manitoba to Tundra Energy Marketing. The assets include the Saskatchewan and Weyburn gathering... 

Buffalo Coal appoints interim CEO, CFO

By: Natasha Odendaal     14th October 2016 JSE- and TSX-V-listed Buffalo Coal has appointed Rowan Karstel interim CEO and Graham du Preez interim CFO and corporate secretary, effective October 17. Karstel, who has held senior management positions at several mining companies in South Africa and Mozambique, holds a BSc degree in Mining and... 

Buffalo Coal production slides as tough conditions continue

By: Megan van Wyngaardt     26th August 2016 Total run-of-mine production at JSE-listed Buffalo Coal’s operations fell 20.4% year-on-year, to 416 000 t, in the second quarter ended June 30, owing to difficult mining conditions and pitroom constraints at its Magdalena project. The mine saw a 27.9% decrease in Magdalena underground... 

Buffalo Coal’s CEO, CFO resign

By: Anine Kilian     26th July 2016 Dual-listed Buffalo Coal CEO Malcolm Campbell and CFO and corporate secretary Sarah Williams have resigned. They will continue in their current roles for three months to facilitate the implementation of an orderly succession plan. 

Despite lowering guidance, Suncor expects normal operations by end of June

By: Henry Lazenby     7th June 2016 Following the unprecedented production interruptions caused by the Alberta wildfires that had taken up to 1.5-million barrels of Canadian crude off the market during May, oil sands major Suncor Energy has advised that it expected to be back to normal operations by the end of June. The company,... 

Suncor partially restarts Fort McMurray ops as Alberta wildfire grows to cover 579 946 ha

By: Henry Lazenby     30th May 2016 Even as the Alberta wildfires continued to rage out of control, oil sands major Suncor Energy announced at the weekend that it had started a safe and staged restart in the Regional Municipality of Wood Buffalo (RMWB), with initial production from its Firebag in situ facility starting early last... 

More oil sands interruptions as Alberta wildfires spread; to cost local economy C$1bn

By: Henry Lazenby     17th May 2016 As the evacuation zone on Tuesday increased north of Fort McMurray, where a gigantic wildfire was spreading out of control, a top Canadian think tank estimated that the Alberta wildfires could have an impact of almost C1-billion on the local economy. The Regional Municipality of Wood Buffalo... 

No damage at Suncor assets despite fire

By: Henry Lazenby     9th May 2016 Alberta oil sands operator Suncor Energy over the weekend reported that despite the raging wildfires in the province having reached the southern end of its mine at its oil sands base operations, fire mitigation efforts were successful and no damage occurred. “We continue to monitor the situation... 

Canadian miners contribute C$50 000 to Fort McMurray relief

By: Henry Lazenby     6th May 2016 The Mining Association of Canada (MAC) has made a charitable contribution of C$50 000 to the Red Cross in Alberta, on behalf of members with mining operations active in almost every Canadian jurisdiction. This is to support the families devastated by the wildfire that has ravaged Fort McMurray... 

Alberta oil operators demobilise to protect assets, assist devastated communities

By: Henry Lazenby     5th May 2016 Alberta oil sands operators on Thursday further scaled back operations to only critical staff levels as gigantic walls of fire engulfed and devoured entire neighbourhoods in the regional hub of oil sands operations Fort McMurray. The Alberta government stated that public safety remained the key... 

Oil sands production throttled back as Fort McMurray burns

By: Henry Lazenby     4th May 2016 Oil and gas companies operating in Canada's oil sands capital of Fort McMurray have scaled back their operations in the face of an exteme wildfire hazard advisory issued by the Alberta Department of Agriculture and Forestry. Major oil sands producer Suncor Energy announced late on Tuesday that... 

Pure Gold to sell noncore Red Lake claims to Premier

By: Megan van Wyngaardt     2nd December 2015 TSX-listed Premier Gold plans to expand its Hasaga property, in the Red Lake mining district of Ontario, by buying claims from TSX-V-listed Pure Gold Mining for $5-million and a 1% net smelter royalty (NSR). Pure Gold has agreed to sell claims, which it considers to be noncore, to Premier Gold.... 

Buffalo Coal secures additional funding

By: Megan van Wyngaardt     26th November 2015 Specialist banking group Investec has agreed to extend an existing R30-million working capital facility for Buffalo Coal Dundee to R80-million. The additional funds would be made available in two tranches of R25-million each. 

Buffalo hands over Dundee mining operations

By: Natasha Odendaal     29th October 2015 Dual-listed Buffalo Coal has kicked off the planned restructuring activities at its Dundee operations as its extended consultation period with organised labour and relevant stakeholders come to an end on Saturday. Few employees would, however, be made redundant, as STA Coal Mining, which would... 

SA court sets aside ministerial decision to suspend Buffalo's Aviemore mining right

By: Henry Lazenby     18th September 2015 A South African court has granted TSX- and JSE-listed Buffalo Coal an application for urgent relief, setting aside an August Department of Mineral Resources (DMR) decision to withdraw its Aviemore anthracite mine’s mining right. Following the application being heard on Tuesday and, pending a... 

Buffalo secures rights to continue operations

By: Natasha Odendaal     3rd September 2015 JSE- and TSX-listed Buffalo Coal has been granted immediate relief to allow mining operations to continue after the Department of Mineral Resources (DMR) last week withdrew its Aviemore anthracite mine’s mining right. The South Africa-focused coal miner’s 2013 Mining Right 301 (MR301), as well as... 

Buffalo to fight DMR’s retraction of Aviemore mining right

By: Natasha Odendaal     28th August 2015 As JSE- and TSX-listed Buffalo Coal prepares to contest the Department of Mineral Resources’ (DMR’s) decision to withdraw its Aviemore anthracite mine’s mining right, it is moving to obtain an urgent interdict to ensure the right is not awarded to another company. The South Africa-focused coal... 

Buffalo Coal accelerates conveyor relocation at Magdalena after fall-of-ground

By: Henry Lazenby     14th August 2015 The installation of conveyor belt infrastructure to a new surface access adit at South Africa-focused thermal and metallurgical coal producer Buffalo Coal's Magdalena underground mine, in KwaZulu-Natal, has progressed well and is expected to be complete this month. The TSX- and JSE-listed miner... 

Unesco to conduct mining impact study on world heritage site

By: Megan van Wyngaardt     2nd July 2015 United Nations Educational, Scientific and Cultural Organisation (Unesco) has requested Canada to invite a reactive monitoring mission to conduct an indepth investigation of how Wood Buffalo National Park, in Alberta, is being impacted by hydroelectric and oil and gas development. The park was... 

Buffalo Coal closes $4m bridge loan

By: Henry Lazenby     30th March 2015 TSX- and JSE-listed miner Buffalo Coal has closed a $4-million loan facility with Resource Capital Fund (RCF), which the company plans to use to advance its continued restructuring efforts. The company said that, despite the restructuring initiatives that had been implemented throughout 2013,... 

Buffalo starts Dundee restructuring

11th March 2015 Operation and cost restructuring at Buffalo Coal’s Dundee operations, in KwaZulu-Natal, have started, the dual-listed miner announced on Wednesday. As a result, the company’s workforce would be reduced by about 25%. 

Buffalo Coal secures $4m to continue restructuring

By: Henry Lazenby     2nd February 2015 South Africa-focused coal producer Buffalo Coal has secured $4-million from lending partner Resource Capital Fund (RCF) to make capital investments for general working capital and to implement a restructuring process at its Dundee-based operations. Buffalo said on Monday that it would need more... 

Flood, fatality hit Buffalo Coal Q2 output

By: Natasha Odendaal     14th November 2014 JSE-listed Buffalo Coal’s second-quarter coal output has been hit by flooding at one of its operations and a fatality at another. In the three months to September 30, the company’s operations delivered total run-of-mine (RoM) production of 377 000 t, a decline when compared with the 446 000 t... 

Buffalo resumes Magdalena production

By: Natasha Odendaal     7th October 2014 Operations at JSE- and TSX-listed Buffalo Coal’s Magdalena underground mine, in KwaZulu-Natal, were back in full swing on Tuesday after an isolated incident involving the ingress of water halted production three weeks ago. On September 16, the coal producer, previously known as Forbes & Manhattan... 

Operations at Buffalo Coal Aviemore colliery suspended following fatality

By: Leandi Kolver     23rd September 2014 Operations at JSE- and TSX-listed Buffalo Coal’s Aviemore colliery, near Dundee, in KwaZulu-Natal, have been suspended following the death of an employee. The company on Tuesday said a mine employee had died in hospital from injuries sustained in a blasting incident, which occurred underground on... 

Buffalo Coal halts operations at S African project

By: Creamer Media Reporter      16th September 2014 Operations at TSX- and JSE-listed Buffalo Coal’s Magdalena underground mine, in KwaZulu-Natal, South Africa, have been halted following the ingress of water in one of the sections at the mine earlier on Tuesday. The company reported that its emergency procedures had been initiated and the mine... 

Buffalo Coal lifts Q2 output, RoM

By: Natalie Greve     14th August 2014 Coal mining and supply company Buffalo Coal reported on Thursday that total run-of mine (RoM) production from its South African operations improved from 447 000 t in the three months ended May 31, 2013, to 491 000 t in the four months ended June 30. This came as RoM production from the Magdalena... 

FLSmidth Introduces Locally Manufactured Apron Feeder Under Its Buffalo Brand

6th December 2013 FLSmidth has introduced a locally manufactured and supported apron feeder under its Buffalo product line that effectively extends the focus of this equipment brand beyond the coal sector and into the hard rock arena. “There’s a major demand for apron feeders in the African mining industry and... 

Engineering company to commission Mozambique equipment installation

31st May 2013 Global engineering company FLSmidth is currently expediting new orders for materials handling and minerals processing equipment for a long-term coal client in the Tete region of Mozambique. The minerals processing equipment will see Africa’s largest horizontal filters installation being... 

Fluormin narrows interim loss

By: Natasha Odendaal     26th February 2013 London-listed Fluormin on Monday reported a loss of £1.3-million during the six months to December 2012 after facing a challenging year. However, despite cost and operational pressures, the group’s half-year loss was an improvement on the loss of £4.3-million reported in the comparative period in... 

01/06/2012 (On-The-Air) 

By: Martin Creamer     1st June 2012 A new fluorspar start-up is the third mining company to nail its beneficiation colours firmly to its business mast; An Australian company is preparing to mine phosphates off Namibia’s ocean floor; and US legislators have visited Sasol’s mines in South Africa to view new life-saving technology for... 

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