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EU's biggest coal-mining nation plans output hike to cut imports

By: Bloomberg     5th October 2018 The biggest coal producer in the European Union plans to boost output of the dirty fuel by about 10% in the next several years to cut down on imports, which are set to jump to a record this year, according to the Polish government. The country, which saw its thermal coal output slumping 7% to... 

Polish miner JSW to work with Sasol on new plant

By: Reuters     27th September 2018 Poland's JSW, the European Union's biggest coking coal producer, said on Thursday it will cooperate with South African petrochemicals group Sasol on a project to launch a synthetic fuel plant in Poland. "Poland is an ideal place for launching a coal to fuel plant. We have valuable coal deposits... 

Poland's JSW seeks Ministry approval to buy Prairie Mining assets - CEO

By: Reuters     19th September 2018 Poland's State-run JSW is awaiting approval from the Energy Ministry in its bid to acquire the Polish mining assets of Australia's Prairie Mining, JSW said on Wednesday. Prairie Mining has been developing coking coal projects at the Jan Karski mine in southeast Poland and the Debiensko mine in... 

Poland's JSW seeks tighter grip on coking coal with possible Prairie bid -sources

By: Reuters     6th September 2018 Poland's JSW is considering a bid for control of Prairie Mining to tighten its grip as the EU's biggest coking coal miner, two sources familiar with the situation said. Coking coal is on the European Commission's list of critical raw materials of economic importance with the price of Chinese... 

Last missing Polish miner found dead – JSW

By: Reuters     16th May 2018 Rescuers searching for Polish miners trapped almost a kilometre underground since a tunnel collapsed 11 days ago have found the body of the last missing man, taking to five the death toll in the incident, coal company JSW said on Wednesday. The Zofiowka mine in southern Poland was hit by an... 

Two of three missing Polish miners found dead - JSW

By: Reuters     14th May 2018 Rescuers searching for three Polish miners trapped almost a kilometre underground since a tunnel collapsed eight days ago have found two bodies, taking the death toll from the incident to four, coal company JSW said on Sunday. One man is still missing at the Zofiowka mine in southern Poland,... 

Divers to hunt for three Polish miners trapped underground

By: Reuters     9th May 2018 Divers were being sent on Wednesday to try to rescue three Polish miners trapped almost a kilometre underground since an earthquake caused a tunnel to collapse four days ago. "We hope that they are there, waiting for our help," Tomasz Sledz, deputy head of the coal company JSW, told a news... 

Rescuers battle to reach three missing Polish miners

By: Reuters     8th May 2018 Rescuers battled "extremely difficult" conditions on Monday searching for three Polish miners still missing two days after an earthquake, the mine's operator JSW said. The quake struck the Borynia-Zofiowka-Jastrzebie coal mine in southern Poland on Saturday morning, trapping seven people almost... 

Polish JSW beats forecasts with 2017 profit, but suspends dividend

By: Reuters     13th March 2018 JSW, the European Union's biggest coking coal producer, said on Monday its 2017 net profit jumped to 2.54-billion zlotys ($745.31-million) from 6.7-million zlotys a year earlier, driven by a 65% rise in the average coking coal price. Analysts polled by Reuters had expected state-run JSW to... 

JSW to check demand for bond issue in Poland

By: Reuters     9th February 2018 Poland’s JSW, which is the European Union’s biggest coking coal producer, is looking into a possible bond issue on the Polish market, its CFO said on Friday. It will also consider a $400-million to $500-million issue on the international market, CFO Robert Ostrowski told reporters. 

Polish coal miner JSW's Q3 profit falls short of estimates

By: Reuters     17th November 2017 JSW, the European Union's biggest coking coal producer, reported a net profit of 360-million zlotys ($100.3-million) in the third quarter compared with a net loss of 139-million zlotys a year ago, thanks to higher coal prices and lower costs. The third-quarter bottom line in the state-run JSW... 

Poland thermal coal output to bounce back but EU emissions cap poses a risk

By: Mariaan Webb     23rd June 2017 Poland’s thermal coal sector is set for several years of growth, supported by a commitment to expand coal-fired power generation capacity. However, the outlook for coking coal is less rosy, owing to waning demand from the steel industry. BMI Research states in a research note that thermal coal,... 

Reservations expressed about India’s proposed rules for commercial coal mining auctions

By: Ajoy K Das     21st April 2017 As the government readies to open commercial coal mining to private miners for the first time since 1973, prospective private investors have raised reservations about the terms and conditions laid down by the Coal Ministry. According to minutes of a meeting between the Coal Ministry and... 

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