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Buffalo Coal announces restructuring of Dundee operations

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World Coal,

Buffalo Coal Corporation has announced that it has commenced with implementation of the restructuring of its operational and cost structures at its Dundee operations, as announced on 22 December 2014.

Buffalo has said that the consultation process in South Africa with organised labour and relevant stakeholders has been completed and as a consequence the company has commenced with the retrenchments of mine employees.

The company its workforce will be reduced by about 25% once implementation of this process has been completed.

Edited from source by Joseph Green

Source: Reuters

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