• Buffalo Coal (BUF) Willie Bezuidenhout is resigning as the company’s Chief Financial Officer
  • The board has begun the process of appointing a successor
  • Emma Oosthuizen has been appointed as interim CFO
  • Buffalo is a coal producer in South Africa
  • Buffalo Coal has an experienced coal-focused management team
  • Buffalo Coal (BUF) is trading at C$0.02 at 4 pm EST as of August 19

Buffalo Coal (BUF) Willie Bezuidenhout is resigning as the company’s Chief Financial Officer, effective September 18, 2022.

The board has begun the process of appointing a successor.

Emma Oosthuizen has been appointed as interim CFO until a permanent replacement is found.

Emma fulfilled the role of CFO at Buffalo Coal before taking the role as CEO.

Buffalo holds a majority interest in two operating mines through its 100 per cent interest in Buffalo Coal Dundee Proprietary Limited, a South African company with a 70 per cent interest in Zinoju Coal Proprietary Limited. 

Zinoju holds a 100 per cent interest in the Magdalena bituminous mine, the Aviemore East anthracite mine and the Balgray and North Adit anthracite projects in South Africa.

Buffalo Coal (BUF) is trading at C$0.02 at 4 pm EST as of August 19.


More From The Market Online

Nickelex Resource to acquire Arlington Gold Property

Nickelex Resource (TSXV:NICK) acquires 100 per cent interest in nine claims within the Boundary District in south-central British Columbia.

Myriad Uranium secures mining lease at Copper Mountain

Myriad Uranium (CSE:M) has entered into a 20-year mining lease with Diamond X Ranch for the Copper Mountain Uranium Project.
Negotiating in a meeting room

Sitka Gold to acquire 100% ownership of Barney Ridge

Sitka Gold (TSXV:SIG) agrees to acquire a 100 per cent interest in the Barney Ridge Property in the Yukon.

Junior copper miner secures another major partner

Junior copper miner Midnight Sun Mining (TSXV:MMA) signs a cooperative exploration plan with First Quantum Minerals.