PDZ 0.00% 26.0¢ prairie mining limited

Prairie mine will be built in the municipality of Siedliszcze in...

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    Prairie mine will be built in the municipality of Siedliszcze in the district Chelm



    ARTICLECOMMENTS (19)

    Author: WNP.PL (JERZY DUDAŁA)
    16-05-2016 14:49


    Fig. PTWP (Andrzej Wawok)

    Exploration and production company, Prairie Mining Limited, has completed work on the draft development of the deposit, which will be filed in the District Mining Office in Lublin.

    In connection with the decision on the location of the new mine, which will be built near the village Kulik, Prairie filed an application to amend the zoning plan Siedliszcze municipalities. At the same time the Regional Environmental hit request for a decision on environmental conditions of investments together with your project information. The Company also advanced actions to gain access to the infrastructure.- We continue intensive work on the preparation of the following documents necessary to apply for a production license for the mine Jan Karski - notes Benjamin Stoikovich, President and CEO Prairie. - An important part of these preparations was to determine the location of our mines. We decided that the ground infrastructure will be built in near the village Kulik.Based on geological and mining conditions and economic analysis, we believe that this will be the optimal location - says Benjamin Stoikovich. The deposit development plan, the opinion of the District Mining Office in Lublin, will be the basis for an application for production license. The project has been developed in such a way that exploitation of the deposit Lublin throughout the life of the mine was safe, effective and economically viable. in addition to selecting locations for ground infrastructure of the mine and the purchase of suitable plots, Prairie has made a proposal to amend the study and the local plan of spatial management Siedliszcze. the proposed modifications are intended to enable the production of industrial installations areas that currently have a destiny farming. Prairie also continues to prepare the documentation for the protection of the environment. - We submitted to the Regional Directorate of Environmental Protection in Lublin request for a decision on environmental conditions with the card information of the project - says Mirosław Taras, a member of the managerial staff Prairie. - On the basis of these documents we receive from RDOŚ scope of the report odziaływaniu on the environment. This in turn will be the basis for obtaining the environmental decision. We plan to prepare and submit a report in the third quarter of 2016 years. We look forward to obtaining the environmental decision in 2017 - highlights Miroslaw Taras.

    The company also conducts activities aimed at ensuring access to infrastructure for future mining.Prairie began talks on a power connection with the distributor of electricity. High voltage power lines are near the place where the formation of ground infrastructure of the mine. Further expansion of the power grid in this part of Lublin in the investment plans of the network operator. The actions of local authorities contribute to the creation of the mine Jan Karski. Development Strategy for the Region of Lublin, adopted in 2015, emphasizes the need to develop infrastructure related to the mining industry.At the beginning of 2016 years as a business priority for the development of the region, was considered the construction of the railway line leading to the future of the mine Jan Karski. - Preparation of PFS and the decision about the location are stones touchstones of the project - says Artur Kluczny, vice president of PD Co., a subsidiary of Prairie established for investments. - Investment Prairie entered the same in the design phase and construction of the mine. Moreover, thanks to significant financial involvement of the British fund CD Capital we now have all the conditions to take more concrete talks with investors and credit institutions - emphasizes Artur Kluczny. Prairie Mining Limited is a Eksploracyjno-mining realizing the investment construction of a coal mine in the Lublin Coal Basin. The Company completed in the last year. Lublin, the exploration of the deposit, and prepared geological documentation has been approved by the minister of the environment. thus Prairie received priority in applying for a production license. Documents required to obtain it, the company plans to submit to the Ministry of the Environment in the first half of 2017 years. The total coal reserves in the deposit Lublin estimated in accordance with international standards (JORC) amount to 728 million tons, including in the category of reported 352 million tonnes. The planned annual production of commercial coal will reach 6.3 million tons. The mine will be designed and built using advanced international technology, combined with a very favorable geological conditions in the Lublin Basin, will achieve the lowest cost of coal mining in Europe. The total investment of the Lublin project are estimated at 632 million USD. Until the start of construction mine Prairie has secured financing, including through the involvement of the British fund CD Capital. It is estimated that through the establishment of the mine will be created directly and indirectly 10 000 jobs.



    http://gornictwo.wnp.pl/kopalnia-pr...iszcze-w-powiecie-chelmskim,273596_1_0_0.html
 
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