PGG with PLN 890 mln CAPEX for this year

State-owned coal group Polska Grupa Górnicza, will invest PLN 890 million this year on new coal deposits, improving coal quality and raising production efficiency. In 2016, the company spent PLN 413 million on such projects, the company said. The group has increased the number of longwalls to 43 from 36-38 at the start of 2017 and is aiming to have 48 by year-end, vs. 60 on average in 2014, CEO Tomasz Rogala said. He assured, that despite production issues earlier in the year, the group will hit the 32 million metric tons production target. In H1, the company has produced 14.5 million tons.