December 03, 2008

Rosnedra to conduct auction of 3 coal field in Kemrovsky

It is reported that Russian Rosnedra is going to conduct the auctions on three coalfields development in Kemerovsky region in Russia on August 10th 2007. The coalfields are Ananinsky Vostochny, Ananynskiy Zapadny, Chumyshevsky and Bungursky Yuzhny coalfields. The deadline for submitting bids is set for July 10.

As per report the initial payment is set at RUB 10 million for two first of them and RUB 20 million for the third, respectively. Ananiynsky Vostochny has 10.8 million tonnes of coal in reserves; Ananiynsky Zapadny 20.6 million tonne, Bungursky Yuzhny 300 thousand tonnes.