The net profit of the Russian coal producer Raspadskaya rose by 34% YoY, to $225 million in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on August 24. Revenue went up by 23%, to $542 million in the period, and gross profit grew by 27%, to $306 million.…
In April-June Raspadskaya, one of the Russia’s largest coking coal manufacturers, decreased output by 19% QoQ, to 2.43 million tons. June output dropped because of the decrease of operating long faces from 3 to 2. Moreover, in May the mine had to stop operation to improve industrial safety. “In H2 Raspadskaya mine will resume operation…
Erunakovskaya-VIII mine has started extracting coal from the new long face 48-6. The reserves of the site are estimated at 2.9 million tons of coking coal. The long face is situated at the depth of over 500 meters. It is planned to mine 250-300 thousand tons of coal per month. The mine is the youngest…
A fire at the Yerunakovskaya-8 mine of coal producer Raspadskaya in Kemerovo region has been liquidated, there have been no injuries, a source in the region’s emergency services reported on June 18. The source said earlier that all 114 miners were evacuated. Under preliminary data, the fire was caused by a short circuit in the…
The specialists of Raspadskaya Coal Company have developed a virtual mine named “My Mine”. The program is used to teach mining students and improve experience of miners. With the virtual reality helmets the users can construct an underground infrastructure of the mine, give tasks to virtual employees and control their work. Several users can be…
Osinnikovskya mine of Raspadskaya Coal Company has put into operation a new long face with the reserves of 2.2 million tons of coal. Average coal output at the long face is expected at 180 thousand tons. The reserves of the long face will be enough for a year. After the coal is processed at the…
A fire raging 500 meters under the ground of the Raspadskaya in the Kemerovo region stopped its operations and forced evacuation of 195 miners, a source in the regional emergency services reported. “Operations of the mine have been suspended. The systems of ventilation and life support are working normally,” the source said. In 2010 two…
In January-March Raspadskaya sold 1.9 million tons of coal concentrate, up by 12% YoY and by 6% QoQ. Domestic sales accounted for 545 thousand tons and exports for 1.4 million tons. The sales price grew by 12% QoQ, with domestic prices up by 15%, and export prices by 13%. Coal output increased by 4% YoY…
