KHW sells Kazimierz-Juliusz mine

Mining group Katowicki Holding Węglowy (KHW) has signed an agreement to sell its Kazimierz-Juliusz mine to state-owned mine restructuring entity Spółka Restrukturyzacji Kopalń (SRK) for a symbolic PLN 1 plus VAT, the holding said in a statement on Thursday. The Kazimierz-Juliusz mine is due to be liquidated. Its employees will remain at KHW. In September this year, miners working at Kazimierz-Juliusz held a strike against the mine’s liquidation. The current process is a result of the agreement that KHW’s management reached with the protesters. The deal was possible thanks to support from the state budget approved by the government in October.