15 Jan 2014 16:11

Kuzbass Fuel Co. maintains 2012 coal output level in 2013

KEMEROVO. Jan 15 (Interfax) - OJSC Kuzbass Fuel Company, or KTK, mined as much coal last year as it did the year before, the head of the company's Moscow offices, Vasily Rumyantsev, told Interfax.

"The technological extraction of coal at the company's pits showed growth. However, on account of the beneficiation plant commissioned in 2013 and the increase coal quality, the actual volume of commercial product produced went virtually unchanged," he said, without specifying a 2013 production figure. "The company has not yet produced operational results for the year," he said.

KTK mined 8.71 million tonnes of coal in 2012.

The press service of Kemerovo Region said that last year KTK achieved "growth on the figure of 2012" of 1.4 million tonnes of coal.

KTK is the sixth largest producer of steam coal in Russia, based on production volume in 2012. As of January 1 this year, its JORC resources amounted to 391 million tonnes of run-of-mine steam coal, confirmed and probable reserves to be worked in 2013-2030 - 174 million tonnes.

KTK includes coal mining enterprises (the Vinogradovsky, Karakansky-South and Cheremshansky open-pit mines), two washing plants (Kaskad and Kaskad-2), a distribution network, and infrastructure enterprises.