Whilst we are waiting for some news I have found a few articles...

Whilst we are waiting for some news I have found a few articles for my fellow holders.

http://gornictwo.wnp.pl/jedni-moga-kopalnie-likwidowac-a-inni-budowac-nowe,219933_1_0_0.html

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In turn, the company Coal Holding Sp. z oo Group Balamara Resources Limited intends to build a coking coal mine near Nowa Ruda. - We are going to reach for the construction of the mine to the latest technologies available in the world - says Andrzej Zibrow, CEO Coal Holding.

According to preliminary calculations deposits in the vicinity of Nowa Ruda allow for the extraction of nearly 100 million tons of coal. This mine could annually emit more than 1.5 million tons of coal and employ 1.5 thousand. to 2 thousand. people.

- We intend to build near Nowa Ruda mine coking coal needed for steel production - says the portal wnp.pl Derek Lenartowicz, co-owner of the Group Balamara Resources Limited, which includes Coal Holding Sp. Ltd. - Market on the coal will be, considering that operates in close proximity to several coke ovens. They are the natural market for our coal.

http://tinyurl.com/n6uwova

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It is difficult to say whether these advanced techniques will be used in Poland profitable. However, as the demand for coal at this time exceeds its supply, the government in Warsaw turned recently to the Australian company Balamara Resources, arranging her research work in Lower Silesia, to check whether a rustic mining could resume. This initiative does not translate into concrete action earlier than a few years.

http://tinyurl.com/kuzpzb2

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Europe is undoubtedly an important business partner for Australia, as this is the second area, after the U.S., where the most Australian companies are investing. In Poland, the activity, as of today, leading Australian companies such as: Balamara Resources, Prairie Downs, Linc Energy and Energy Hutton.


http://peakoil.com/enviroment/peak-phosphorus-will-be-a-shortage-we-cant-stomach/comment-page-1

Back into hibernation I go,