South Africa Grants Permit for Balgray Project of Buffalo Coal
Buffalo Coal Corp announces that South Africa’s Department of Mineral Resources and Energy has granted an official Environmental Authorisation to Zinoju Coal Proprietary Limited for the Balgray project. CEO Emma Oosthuizen said “The granting of this environmental authorisation is a positive development, bringing the Company one step closer to the successful execution of Balgray. Balgray is the highest priority project in Buffalo Coal’s current project pipeline and will extend the Company’s operations at Aviemore by approximately 6-7 years.”
Buffalo is a coal producer in Southern Africa. It holds a majority interest in two operating mines through its 100% interest in Buffalo Coal Dundee, a South African company which has a 70% interest in Zinoju. Zinoju holds a 100% interest in the Magdalena bituminous mine and the Aviemore anthracite mine in South Africa. Buffalo has an experienced coal-focused management team.