Development of the Borynia-Zofiówka mine, Zofiówka Section

The Parent Company continued the opening and utilizing of new resources started in 2005: “Bzie-Dębina 1-Zachód” and “Bzie-Dębina 2-Zachód” from level 1110m. Operable resources planned to be opened from level 1110m amount to 98.6 million tons. After their extraction, resources up to the level 1300m are planned to be opened. The deposits contain mainly type 35 (hard) coking coal. The remaining capital expenditures scheduled for project execution associated with opening and developing “Bzie-Dębina 1-Zachód” and “Bzie-Dębina 2-Zachód” deposits till 2042 are estimated at PLN 3,037.5 million.

In addition, in the Zofiówka Section, the Parent Company continued the development of the 1080m mining level started in 2006. The total size of the operable resources at level 1080m is estimated at 47.0 million tons. The deposits at this level contain mainly type 35 (hard) coking coal. The remaining capital expenditures scheduled for project execution associated with construction of extraction level 1080m to 2020 (end of construction) are estimated at PLN 657.1 million.