BMB balamara resources limited

Bunch of articles in the polish media...

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    Bunch of articles in the polish media :)


    http://www.nettg.pl/news/113148/gornictwo-nowa-kopalnia-w-nowej-rudzie


    Local magazine Noworudzianin in the latest edition of August 21, the information is about proposals to open a new coal mine in Ludwikowice Klodzkich near Nowa Ruda in Lower Silesia. On the proposal of the Chief Executive Officer of Coal Holding Sp. z oo Derek Lenartowicz. He was already a concession to recognize the local reservoir. Later this year he intends to commence drilling operations associated with documenting its resources.
    Initially, it is assessed that the bed is about 100 million tons of coal quality. If these resources are confirmed, it will be built here on the extraction of mine about 1.5 million tonnes per year. Australian investor intends to spend on drilling five million dollars and the construction of the mine about 150 - $ 200 million. If all goes well it for two or three years will be built here a new coal mine. It is estimated that the work will find about 1.5 thousand people. It would be salutary project for the municipality in which the unemployment rate exceeds 30 percent.

    Derek Lenartowicz on Monday, August 20 arrived on the matter to Ludwikowice to meet with municipal authorities and get their opinions on the matter. The meeting was attended by Maciej Awizen, governor klodzki, Adam Lacki deputy and supervisor restart the mine, as well as former Senator Kazimierz Dro, Mayor Thomas Kilinski and Slawomir Karwowski, Mayor of Nowa Ruda - we read in the newspaper.

    A large role in the interest of the bed Australian entrepreneurs played a former president of the Polish Geological Institute in Warsaw and later president of KGHM Polish Copper SA - prof. Stanislaw Speczik. The future investor said that he is familiar with the history of previously existing mine here "Wenceslas," and the accident that took place here in 1930. In his view, such a situation can no longer be carried out at all the high-tech operation and safety. It was then one of the most modern mines in the former Lower Silesian Coal Basin. Mined here most calorie coal, but at the same time it was one of the best on gas deposits in the mines of Europe. Methane explosion in the area of ??the shaft "Kurt" caused the death of 151 miners. Since then, the mine began to collapse until it is completely closed. After the war, there has already been played. Current "Balance of mineral resources" without giving any figures resources that qualify as off-balance sheet deposits, which is not economically viable.

    Fortunately, local authorities and Australian experts are of a different opinion on the matter. At the end of the meeting the President thanked Derek Lenartowicz Adam Lacki and Mr Richard Zbrzyznemu with KGHM for their commitment and support. On this day, representatives of the group also visited Holding Coal Mining Museum in Nowa Ruda - tells Noworudzianin.







    Australian investor revealed card. The reactivation of the mine in Nowa Ruda want to spend at least $ 100 million, and the commencement of production according to him it is already possible for four years. One thing is certain, if the investment is reached, the region will be a huge breakthrough.


    http://walbrzyski.pl/newsy/4419-kopalnie-wracaj%C4%85-do-nowej-rudy

    The arrears in Nowa Ruda, namely the Ludwikowicami Klodzkimi Australian coal company wants to invest stock market Balamara Resources. It already has licenses to explore deposits in the near future will start drilling. The project is led by Polish manager, Derek Lenartowicz.
    - In Poland, we operate from about one and a half years. We have licenses to explore for copper at Legnica. We have our assets in Australia, but also in the Balkans, including Bosnia and Montenegro - he says.
    Concessions for Australians won their subsidiary Coal Holding. Make almost five kilometers wells. Deposits in Ludwikowice now estimated to be at least 100 million tonnes of coking coal. The area, which lies in the development plan is designed for industrial, mining. Incidentally investor as soon as possible, wants to use the infrastructure of the mines closed in the mid 90's. The investment cost is not known. Representatives Balamara Resources estimates it at least $ 100 million.
    - This coal is definitely here, no question. Ultimately, we want to produce here between a half and two million tonnes of coal per year. That's a lot, but in such a system could work digging 30, 35 years - says Lenartowicz.
    For a region where unemployment exceeds roughly twenty percent, this information sounds sensational. Representatives of the investor does not say how many people employ, but then added that less than fifteen hundred of the crew, the mine just does not zafunkcjonuje.
    For major project will be the next month and planned drilling. Their conduct Australians spend a few million and now it shows the scale determination. If it turns out that carbon is really a lot and it is available, the opening of the mine may already be for four years.
    - Given the current price of coal, the situation on the market, proximity to the market, I am confident that we will open here mines - sums up the company's CEO.



    http://www.nowaruda24.pl/index.php?option=com_content&view=article&id=5489:2000-pracownikow-docelowo-znajdzie-zatrudnienie-w-nowej-kopalni&catid=150:wydarzenia&Itemid=187

    4 years Australians need to resume coal mining in the area of Nowa Ruda



    Delegation of four businessmen from Australia came to New Rudy on Monday, August 19. Investors first visited the Mining Museum, and then viewed places already for three months, in accordance with the license granted to them, they start to drill holes seekers. After inspection of the field, the Australians met with reporters.

    At 10:00, the square at the Mining Museum in Nowa Ruda vehicle pulls black Mercedes. He gets out of the four men in the middle
    ages. President Derek Lenartowicz in a gray suit, but no tie, the other in shirts and jeans. Greets the deputy Adam Lacki, tie. A few minutes later, everyone assumes mining helmets and go exploring underground excavations. In recognition of the Germans After passing kilkukroków in underground tunnels, everybody know that Australians are miners, not laymen. Guests of the museum guides ask szczególowepytania. Lenartowicz quite accurately watches closed windows, and a moment later with the acclaimed talk about the corridor are built by the Germans. - This solid job - says squeezing through a narrow corridor. Then the delegation travels underground railway tunnels of the mine.

    5000 meters
    further point of his working visit Balamara company representatives, the tour of the places where exploratory drilling will be carried out. Ministry of the Environment issued a concession to investors five such holes.
 
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