Corrected: Prairie Mining coal launches legal proceeding against Poland over Karski mine concession - filing Australian coal group Prairie Mining launched legal proceedings against the Ministry of Environment as the ministry failed to grant the mining usufruct agreement concerning the Karski mine to Prairie over the three month obligatory period, Prairie said in a market filing.
Prairie applied for the agreement over Jan Karski in late December 2017 and sees the ministry's failure to grant it within 3 months as "a breach of Polish law."
"Accordingly, the Company has now commenced legal proceedings against the MoE through the Polish courts in order to protect the Company’s security of tenure over the Jan Karski concessions," the filing reads. These measures are "also intended to prevent the MoE from granting a concession to any other party until the full court proceedings are concluded."
Prairie will consider "any other actions necessary to ensure its concession rights are reserved which may result in the Company taking further action against the MoE including invoking the protection afforded to the Company under any relevant bi-lateral or multi-lateral investment treaties or such other actions as the Company may consider appropriate at the relevant time."
