[miningmx.com] – BUFFALO Coal Corp. said it would retrench up to a quarter of employees at its Dundee mine in KwaZulu-Natal province following completion of discussions with unions.
This was in terms of the restructuring of its operational and cost structures at its Dundee operations, as announced on December 22, the company said.
Buffalo Coal also said that it was pressing ahead with raising of an additional $4m loan facility from Resource Capital Fund.
