BMB 0.00% 2.5¢ balamara resources limited

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    Also near Nowa Ruda to be launched coal mine. In this case coal, coking but - for the production of steel.

    Andrew Zibrow, CEO Coal Holding Sp. z oo Balamara Resources Group Limited, indicates that the mine could annually emit more than 1.5 million tons of coal and employ 1.5 thousand. to 2 thousand. people.

    - Give us a competitive advantage that will extract coking coal on the spot - he says for the portal wnp.pl Derek Lenartowicz, co-owner of the Group Balamara Resources Limited, which includes Coal Holding Sp. Ltd. - is located close to several coking plants, and therefore the market for the raw material will be excavated.

    At the start of the mine by Coal Holding await residents of Nowa Ruda region where unemployment reaches 38 percent. The issue of new jobs generated here is one of the leading, as in the case of the Lublin.
    Kopex also intends to build a mine. Construction is expected to begin in 2015, and the first output is expected to surface in 2018. Mine is to be built in three municipalities: Przeciszów, Polanka Great and Auschwitz in the concession area of ??Auschwitz-Polanka 1

    Estimated current operating depth of 250-650m. Excavated material will be mined upadowymi.

    The lifetime is estimated to be about thirty years. Preparation and construction of the mine will take care of belonging to Kopex SA Kopex-Ex-Coal. Kopex want to drill down incline type TBM machines - Tunneling Boring Machines. The new mine is to be a lucrative business for Kopex, as well as a kind of showcase.

    Investors wishing to build new mines in Poland seems well aware of the fact that without a problem to find buyers for coal mined competitively. After the founding of new mines in Poland tighten up internal competition. Already, producers in the Upper Silesia feel that their coal is pushed out of the market for the raw material of the Lublin Coal BOGDANKA. Success will refer those who will have high efficiency and will be able to optimize costs.


 
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