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MINING AT 9. KVĚTEN SITE IN STONAVA COMES TO AN END AFTER 56 YEARS

MINING AT 9. KVĚTEN SITE IN STONAVA COMES TO AN END AFTER 56 YEARS

The end of mining activities at this specific site is planned for March 31, 2016. The subsequent closing of the main workings including the surface facilities in the safety zone should be carried out in 2017. This decision has been made by the Board of Directors of OKD on the basis of a detailed plan for extraction of reserves.

"The planned reserves at this Stonava site have been extracted.Extraction of the remaining coal underground at a level of approximately 2 million tones in seam no.40 would not be profitable as shown by the performed financial analysis and also with respect to high operating costs and low coal sales prices.The validity of our decision has been confirmed by a local drilling survey that proved substandard values of the height of the underlying NATAN seam which was the reason for the end of mining in the Ostrava seams," said Pavel Hadrava, the Chief Operating Officer of OKD.

 

“Currently, there are 295 employees working at the site of 9. květen. These employees will be moved to other worksites of OKD 1. For this reason they will not be laid off and the company will not incur social costs,” added Radka Naňáková, the HR director of OKD.

 

The square area of the Stonava site is 1 150 hectares and mining activities have been performed here since 1960. In the course of almost sixty years the total level of mineral extracted here amounted to 73 million tons of coking and thermal coal. The original name Suchá – Stonava Mine was changed to 9. květen mine in 1965.In 1995 it merged with the Darkov Mine and the name was changed to Plant 9. květen.This „plant structure“ was abolished in 2012 and after that an independent site of 9. květen(*) was established,  which in 2015, within the framework of the new organization structure of OKD was included to OKD 1.

 

The reserves at the site of 9. květen that cannot be economically extracted will be written off in a prescribed manner, i.e., by transferring to the off-balance reserves by means of a write-off.

 

Symbolically the last car of hard coal from the site of 9. květen will be hauled to the surface on Thursday, March 24.

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