POP 2010
Coal mining
OKD carries out mining of hard coal in the Karviná part of the Ostrava-Karviná district. Coal is a mineral of biological origin - one of the most significant fossil fuels. In fact it is actually solar energy stored on a long-term basis by means of biological and geological processes.
All OKD mines are deep mines and coal is mined using shafts and adit systems - nowadays exclusively by means of mechanized processes.
In spite of a fall from favour of this material, in the future the significance of coal in terms of energy will be even higher. The reserves of coal in the world are estimated to last for at least 200 to 300 more years, while in the case of oil it is mere 40 to 50 years, and in the case of uranium it is roughly a century. Even today, there are technologies capable of converting coal to fluid or gaseous environmentally friendly fuels with all the advantages of oil products, while free of their disadvantages, in particular the negative environmental impact.
The coal reserves are estimated to last for at least 200 to 300 years, while in the case of oil it is mere 40 to 50 years, and in the case of uranium it is roughly a century. more »
The Company Magazine...here
Announcement of suspected fraud
OKD, a.s., has been currently exposed to fraudulent activity by unknown individuals in Germany.
Full version of the document in English and German is here.
BUSINESS INTEGRITY POLICY
This policy was adopted by the Board of Directors of New World Resources Plc on 15 November 2011 and shall have immediate effect.
Full version of the document is here.
NWR Open Mine Magazine No. 3/2011
The Company Magazine...here
NWR Open Mine Magazine No. 2/2011
The Company Magazine...here
NWR Open Mine Magazine No. 1/2011
The Company Magazine... more
Company code of ethics
The Board of Directors of OKD has adopted a Company code of ethics that is obligatory for all the employees of the firm. It defines basic values and attitudes to enterprise that OKD conforms to in the course of its business activities.
The code of ethics is not any binding rule of law or internal directive, it represents, however, a moral obligation for each employee of OKD.
