Australia's Prairie Mining to open coal mine in Poland

Australia's Prairie Mining has confirmed it will launch a coal mine in the Lublin region, in southeast Poland. The $632 million project is to be completed by 2023, the company said in a report. Ben Stoikovich told the Polish news agency PAP that Prairie's local subsidiary PD Co will submit a request for a mine concession. Construction on the mine is expected to start in 2018, with Prairie estimating the coal deposits at 700 million tonnes, of which 140 million tonnes can be exploited. PD Co president Janusz Jakimowicz said the company expects to produce coal from the new mine at around $25 a tonne.