Mining reform to cost PLN 5 bln

Restructuring of mining in Poland will cost roughly PLN 5 billion and Polish taxpayers will pay the majority of that amount, Rzeczpospolita daily reported. The government wanted to shut down four out of 14 mines belonging to Poland's the largest mining company Kompania Węglowa. Due to the protest, the government abandoned its original plan and eventually only KWK Bobrek-Centrum Ruch Centrum mine will be closed. The other three will be restructured and sold to investors. As a result, the cost of the reform will rise by several percent.