4 Jul 2013 16:50

Coal production down 20% at Sadkinskaya mine in Rostov region in H1

ROSTOV-ON-DON. July 4 (Interfax) - The Sadkinskaya coal mine in Rostov region, the only coal producer in Yuzhugol LLC (South Coal Company), reduced coal production 20.1% in the first half of 2013 year-on-year to 822,100 tonnes, a representative of the planning department of the mine's operating company told Interfax.

The amount of extraction fell 47%, to 2,023 running meters.

The production decline is a response to lower coal prices on the Russian market, due to dumping by Ukrainian coal producers, the representative said.

Coal shipments in the six months fell 52% to 412,300 tonnes.

Sadkinskaya boosted coal production 13.8% to 2.277 million tonnes in 2012. It originally planned to produce 2.1 million tonnes this year.

Reserves at Sadkinskaya total 49 million tonnes of anthracite coal.

Yuzhugol also includes Sulinugol LLC, which halted coal production in 2008 due to depletion of the deposit, Sadkinskaya-Vostochnaya Shaft LLC, Sadkinskaya-Severnaya Shaft LLC, which were set up to organize coal production at license sections acquired in 2007.