TSX: FMC       Forum Energy Metals Corp
Last Price Today's Change   Day's Range   Trading Volume
0.105   0.00 (0.00%)  0.095 - 0.11  159,344


Avg Volume (4 weeks):0
Average Price Target:-


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Business Background

Buffalo Coal Corp. is a coal mining and supply company operating in South Africa. The Company, through Buffalo Coal Dundee Proprietary Limited (BC Dundee), holds interests in over two operating coal mines in South Africa (BC Dundee Properties). The BC Dundee Properties comprise the Magdalena bituminous mine (Magdalena) and the Aviemore anthracite mine (Aviemore). BC Dundee interest in the BC Dundee Properties through its interest in Zinoju Coal Proprietary Limited (Zinoju), which holds all of the mineral rights. Magdalena is located over 20 kilometers from the town of Dundee in KwaZulu-Natal, South Africa and encompasses an area of approximately 1,840 hectares. Aviemore is located over eight kilometers from the town of Dundee in KwaZulu-Natal and encompasses approximately 5,590 hectares. It supplies bituminous coal and anthracite to both the export and domestic markets. It has an export allocation of over 204,500 tons through Quattro at the Richards Bay Coal Terminal (RBCT).

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