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Buffalo reports mixed Q1 performance

Buffalo Coal’s run-of-mine (RoM) production for the quarter ended March 31 decreased by 26% year-on-year and by 9% quarter-on-quarter, as a result of lower output at the Magdalena mine, offset by marginally improved production at the Aviemore mine. Aviemore’s RoM production increased by 17% year-on-year, mainly owing to dykes encountered in the mining areas in the first quarter of 2017, which slowed down production during the comparative period.

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