R/€ = 14.20 Change: 0.00
R/$ = 11.57 Change: -0.02
Au 1328.95 $/oz Change: -0.15
Pt 997.00 $/oz Change: 1.20


Poland's PGE says facing delays in coal-fuelled Opole power plant

By: Reuters     23rd February 2018 Poland's biggest power producer PGE said two units at its coal-fired Opole power plant will be completed a few months later than planned, potentially delaying the country's biggest infrastructure investment since 1989. The plant in the south-west of Poland is expected to help avoid power... 

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... 

In the country where coal is king, a battle with the EU looms

By: Bloomberg     6th November 2017 The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the world’s biggest carbon market. Negotiators representing the 28-nation bloc and its member states will meet on Nov. 8... 

KGHM plays down recent breakdown impact

By: Reuters     17th October 2017 Polish copper producer KGHM Polska Miedz said on Tuesday it expects no big negative impact on sales or core earnings from the recent breakdown of a smelter in the city of Glogow. "We hope that we will be able to recoup some losses," CEO Radoslaw Domagalski-Labedzki told reporters. 

Polish coal mining swings to profit on prices, restructuring - PAP

By: Reuters     22nd August 2017 Net profit at Polish coal mines stood at 1.45-billion zlotys ($400.06-million) in the first half of the year compared to a 800-million zlotys loss a year earlier amid higher coal prices and restructuring, data from a state agency showed on Tuesday. Data by the Industrial Development Agency... 

China's new Silk Road encroaches on US turf in Eastern Europe

By: Bloomberg     12th July 2017 In the 19th century mansion in central Belgrade where bureaucrats plan some of Serbia’s important overseas projects, 64-year-old Ivan Mrkic is busy unpacking boxes teeming with the books, research papers and maps he needs to become an instant expert on China. Mrkic, a one-time Foreign Minister,... 

Poland sees Trump visit catalyst to cut Russian gas reliance

By: Bloomberg     5th July 2017 Polish leaders are betting Donald Trump’s visit to Warsaw starting on Wednesday, two days before the US President meets his Russian counterpart, will bolster their efforts to reduce the nation’s dependence on natural gas from its eastern neighbour. Less than a month after Poland’s Baltic Sea... 

Polish coal affection poses dilemma for funding-thirsty firms

By: Bloomberg     8th June 2017 As Poland is reluctant to budge in its feud with Europe over coal, some of the country’s biggest power and mining companies admit it may be the time to change the course. The EU’s largest eastern economy argues it needs coal plants, fired by local resources, to ensure energy security and cheap... 

Turkish gold miners operate unhindered during attempted coup

By: Henry Lazenby     18th July 2016 Turkey-focused miner Alacer Gold reported Sunday that the Çöpler mine was operating as normal and that there were no local disruptions in the wake of a military coup d'état attempt on the government of Turkish President Recep Tayyip Erdoğan. The TSX- and ASX-listed company reported that after it... 

Poland's PGE does not rule out including hard coal mines in group

By: Reuters     28th September 2015 Poland's largest utility PGE is open to the possibility of including restructured hard coal mines in its group, PGE's CEO Marek Woszczyk said on Monday. Asked if he envisaged including hard coal in PGE's value chain, he said: "If we are able to build this value chain according to a similar model... 

Going for gold with active FlowBalance

     9th July 2014 Demag Plastics Group SP z.o.o. was awarded with a gold medal for the innovative activeFlowBalance technology module, which was integrated into an all-electric IntElect injection moulding machine. The high-tech module was chosen from a pool of products exhibited at the Plastpol trade show in... 

Global coal demand growth calls for intensified search for clean coal solution

By: Martin Creamer     13th December 2013 This year 75 000 MW of new coal-fired power generation came on stream and in the next five years another 450 000 MW of new coal-fired power generation is scheduled to come on stream. 

Gomwe pleads with banks to back coal in fight against global energy poverty 

By: Martin Creamer     18th November 2013 Development banks must help developing countries to use their coal in the cleanest possible way rather than starve them of funding, World Coal Association energy and climate committee chairperson Godfrey Gomwe said on Monday. Gomwe was speaking at the International Coal and Climate Summit in... 

Air Dispatch CLC becomes the first dedicated centralised load control centre to achieve IATA ISAGO certification

     24th October 2013 Air Dispatch CLC has become the first dedicated centralised load control facility in the world to receive IATA Safety Audit for Ground Operations (ISAGO) certification. The Prague-based company - which has further station in Warsaw - carries out centralised load control functions for a number of... 


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