Jastrzebska Spolka Weglowa SA:EDF Paliwa Sp. z o.o. resolves not to prolong contract signed with company on Dec. 27, 2012 for sale of coal.Following that decision, contract will end on Dec. 31, 2017.Estimated value of contract from Jan. 1, 2013 to Dec. 31, 2017 is at 1.1 billion Polish zlotys.
Jastrzebska Spolka Weglowa SA:Says total value of deals with Weglokoks SA and its units in last 12 months at 608.0 million Polish zlotys.The deal of greatest value, signed on Dec. 23, for coal delivery in 2016 – 2020 to Weglokoks.Parties signed also annex to coal delivery deal for 2016.Estimated value of deliveries in 2016 under the annex is 185.0 million zlotys.
Lubelski Wegiel Bogdanka SA:Signs an annex to deal increasing coal deliveries to ENERGA Elektrownie Ostroleka SA and extending their period to Dec. 31, 2016.Following annex value of deal raises to 1.19 billion Polish zlotys net, up 4.36 percent versus the value of order mentioned in current report from Dec. 30, 2014.
Lubelski Wegiel Bogdanka SA:A Polish unit of France's EDF, EDF Paliwa Sp. z o.o., has cancelled a deal to buy coal from Polish coal miner Bogdanka as of the end of 2016.The deliveries until Dec. 31, 2016 will be completed according to schedule.Following the cancellation, total value of deal is 481 million Polish zlotys net.
Lubelski Wegiel Bogdanka SA:Polish coal miner Bogdanka has reached agreement on a multi-million euros price cut with one of its biggest customers, responding to a slump in coal prices to record lows and a market flooded with cheap supplies-Reuters.Bogdanka, soon to become part of state-run utility Enea, said it agreed with France's Engie to cut the value of its supply deal covering the years through 2019 by 5.7 percent to 3.1 billion zlotys.Engie's power station at Polaniec in southeast Poland is one of Bogdanka's major clients.The companies signed a long-term coal supply agreement in 2012 covering deliveries in 2013-2019 but had added an annex to that deal covering new prices."The value of the whole agreement ... is estimated at 3.12 billion zlotys according to current prices and is 5.71 percent lower that the value published in 2014," Bogdanka said.Last year the companies extended the deal by a year to 2019, valuing the supplies at 3.3 billion zlotys.
Catering International & Services SA:Wins new deal from Glencore in Chad.Deal to cover about 220,000 meals a year, contract duration is three years.
Lubelski Wegiel Bogdanka SA:Poland's coal mining firm Bogdanka said on Nov. 25 that it extended a coal supplies contract with chemical group Pulawy by two years, until the end of 2019 - Reuters.Bogdanka also said that the contract's value is 859 million Polish zlotys, which is 5.6 percent less than previously reported.
Mastermyne Group Ltd:Mastermyne awarded underground roadway development contract.Expect to generate revenue of approximately $10 to $12 million a year for the duration of the contract.Says initial term of the contract is two years with an option to extend for an additional year.Says the company will supply equipment as part of the contract.Says project has been mobilised and the workforce has commenced work under the contract.
SI Resources Co Ltd:Signs contract with Samsung C&T Corporation, to supply smokey coal.Contract amount of 4,316,850,000 won.
Tigers Realm Coal Limited:Agreement to finance RUB 1.5 billion (US$23 million) for construction of the site access and Haulage Road.