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Prairie Mining Files Its Statement Of Claim For Compensation Of £806 Million
Prairie Mining Says Commenced International Arbitration Proceedings On Republic Of Poland
Prairie Mining Executed Litigation Funding Agreement With Lcm Funding UK Limited
Prairie Mining Limited is an Australian-based coal development company. The Company is focused on the development and operation of the Jan Karski Mine (JKM) and the Debiensko Hard Coking Coal Project (Debiensko) in Poland. The Company’s projects include Jan Karski Mine and Debiensko Coal Project. The Jan Karski Mine is a coal project with Coal Resource Estimate (CRE) of approximately 728 million tons across four coal exploration concessions in south eastern Poland. Jan Karski Mine has the potential to supply approximately 6.34 million tons of semi-soft coking coal to the industries in Europe. Debiensko is a hard coking coal (HCC) project situated in the Upper Silesian Coal Basin in the south west of Poland. Debiensko Coal Project has a potential to supply approximately 2.6 million tons per annum saleable hard coking coal production from a maiden JORC Resource approximately 301 metric ton.
Bgc Ctr, L 9 28 the Esplanade
Ian Peter Middlemas
Independent Chairman of the Board
President PD Co sp z o.o.
Chief Executive Officer, Director
Henryk Jacek Jezierski
Member of Supervisory Board - PD Co
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* NOW EXECUTED A LITIGATION FUNDING AGREEMENT FOR A$18M WITH LCM FUNDING UK LIMITED
* ENDS TALKS REGARDING POTENTIAL COOPERATION WITH PRAIRIE MINING LIMITED
Poland's JSW is interested in taking over Australia's Prairie Mining, Chief Executive Daniel Ozon confirmed on Wednesday.
Poland's state-run JSW <JSW.WA> is awaiting approval from the Energy Ministry in its bid to acquire the Polish mining assets of Australia's Prairie Mining <PDZ.AX>, JSW said on Wednesday.
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