Month: October 2020

The Contract is structured in such a way that is responsible for all elements underground and is paid for coal.

Buffalo Coal is a coal producer with two mines in Kwa-Zulu Natal, South Africa.

The two mines, Magdalena and Aviemore, have substantial coal resources, however the Magdalena mine has been placed under care and maintenenace since 31 October 2018. 

Buffalo Coal is currently focusing on the production of anthracite coal from Aviemore only and supplies anthracite coal and calcine into both domestric and export markets.

Buffalo Coal is focused on extending the Aviemore life of mine by mining out as much of the current remaining reserves as possible, whilst putting in place a feasible plan to construct and commission its’ medium and long-term projects at Aviemore mine.   

All mined product meets Eskom specifications and therefore all offtake goes to the power utility.

The Magdalena bituminous reserve for Buffalo Coal, all of which is washed and exported.

The operation is being run on an outsource model managed by an Universal Coal on-mine management team, with Stefanutti Stocks Mining Services supplying both the mining fleet and skill set to run Wolvenfontein pit, operating a fleet of 100t trucks, 85t and 120t excavators and supporting equipment. The dual circuit processing facility, a 350tph crushing and screening circuit plus the 320tph DMS washing plant is owned by Universal.

At Kangra, mining two low seam sections. This coal is washed and exported. Perfect Solution International is utilising Eickhoff and Sandvik continuous miners. Perfect Solution International is responsible for all inbye and outbye mining services and is paid on coal delivered to the stockpile.

Kangra’s good corporate governance is balancing entrepreneurship with control and risk management. It implies organizing our businesses and activities for growth and long-term sustainable success, while effectively keeping sight of and managing the risks that come with that growth. The Kangra Board has a crucial leadership role in guiding Kangra to success through responsible and efficient decision-making in the face of dilemmas encountered during the course of its development. Good governance is also about the contribution of every employee at all levels of the company. All employees in their daily work environment must aim to achieve an optimum balance between performance, risk and control.