Bogdanka extracts 2.02 million tons of coal in Q2

According to a press release from LW Bogdanka S.A., the coal mining company from Eastern Poland, the amount of mined coal reached 2.02 million tons in the second quarter of 2014. This is below the 2.5 million tons result in Q2 a year ago. Bogdanka mine is Poland’s most modern and efficient coal mine and among the leaders in the Polish energy sector. In the first half of 2014, the cumulative extraction stands at 4.25 million tons, giving a 4.2 percent increase year-on-year for the same time period. Bogdanka’s leadership is working on their seven year strategy encompassing 2013-2020. The main goals of this are doubling production abilities, in comparison to 2011, doubling recoverable reserves and extending the mine’s life to 2050. “The coal market conditions continue to be difficult,” said the CEO of Bogdanka, Zbigniew Stopa.