Buffalo Coal Corp

JSE:BUC

Buffalo Coal Corp.engages in the acquisition, exploration, development, and operation of coal mining properties in southern Africa. The company is headquartered in Dundee, Kwazulu-Natal. The company went IPO on 2007-03-01. The Company, through Buffalo Coal Dundee Proprietary Limited (BC Dundee), holds interest in two coal mines in South Africa (BC Dundee Properties). The BC Dundee Properties comprise the Aviemore anthracite mine (Aviemore), the Magdalena bituminous mine (Magdalena), the Balgray anthracite project (Balgray) and the Aviemore North Adit anthracite project (North Adit). The Aviemore is located four kilometers from the town of Dundee in KwaZulu-Natal and encompasses approximately 5,592 hectares. The Magdalena is located approximately 22 kilometers from the town of Dundee in KwaZulu-Natal, South Africa and encompasses approximately 1,844 hectares. The Balgray Project is an expansion to the Aviemore reserve situated on the Mining Rights MR 301 and MR 10083, adding an additional reserve of approximately 2.6 million tones. The firm is focused on the production of anthracite coal from Aviemore.