October 14, 2008

Russian Coal launches two new sectors

Russian Coal announced that it launched two new sectors at Almaznaya and Gukovskaya mines included into MK Gokovugol as the largest coal producing entity of the Company.

Russian coal in a statement said that the project demanded RUB 300 million in the spending. The sectors are equipped with the modern facilities made at Rostovgormash.

The reserves cover 1.5 million tonnes of the rock. The coal output is assumed to reach 2.3 thousand tonnes which is 30% higher prior developed sectors.

Russian Coal is in operation from 2002. It is ranked as one of fifth largest coal companies in Russia covering the coal mining entities in four regions. In Rostovsky region it involves Obukhovskaya Mine, Sulinantratsit, Almaznaya, Donkoks, Donskoy Antratsit etc.