Oct 29 (Reuters) - Buffalo Coal Corp BUF.TO :
* Restructuring of buffalo's dundee operations
* In terms of arrangements, Buffalo Coal Dundee and Zinoju have also entered
into an agreement to sell two continuous miners to STA
* Buffalo Coal Dundee to continue to mine co's Aviemore underground mine,as
well as to operate the company's two washing plants and siding
* Selling price will be settled by STA by way of offset against amounts due to
STA in terms of the existing agreement
* STA Coal Mining Company will employ majority of employees being retrenched by
Buffalo Coal Dundee
* Balance of selling price by way of reduction in contract mining rate going
forward, until such time as selling price has been settled
* Source text for Eikon ID:nMKWVmHSla
* Further company coverage BUF.TO