NWR eyes coal mine Silesia

Coal mining group, New World Resources is interested in buying a Silesia coal mine in southern Poland, Puls Biznesu reported on Wednesday. Earlier this year, Scottish Gibson Group won the tender to purchase the Silesia mine for zł.200 million, however, the transaction was not completed.

"We have expressed a preliminary interest in Silesia mine," Zdenek Bakala's advisor toldPuls Biznesu.

According to the newspaper, Silesia has 200 million tones of coal reserves and a number of investors eyeing the mine, one of them being Czech Republic's largest coal miner, OKD.

NWR, which owns OKD, received permission last June to reopen the Dębiensko coal mine in southern Poland and the group also signed a deal with Jastrzębska Spółka Węglowa to develop mines along the Czech-Polish border. (AO)

Source: Puls Biznesu, Reuters