In the five months mining has lost its coal sales 970 million zł – Onet.pl

 
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  Mining lost its coal sales
 
 
 

These data were presented during a meeting of the tripartite team for. social security miners, which was held Tuesday in Katowice with the participation of Deputy Minister of Energy and Deputy Minister Gregory Tobiszowskiego family, work and social policy Stanislaw Swede.

The main topics of the meeting, in which was also attended by trade unionists and heads of mining companies, it was present condition of the Polish mining industry and the establishment of a program for the coal mining industry for the years 2016-2030. Established a 10-person team, which by the end of the year to work out a draft program. Next year deal with the government.

“Today’s meeting is a step towards the creation of a coherent and clear strategy for the Polish mining industry. We want to create it together, on three sides. Industry does not need chaos, the industry is needed dialogue. Without the active participation of trade unions, all plans and intentions are doomed to failure. And today another defeat mining industry can not afford to have anyone “- said Deputy Minister Tobiszowski.

The common goal is to be also developing legislation for coal imports from outside the European Union, particularly from Russia, which equalize the chances of Polish manufacturers. According to the ministry of energy, such regulations are to be ready in September. The team also has a tripartite prepare a common position on reducing the fiscal burden on the mining industry.

As reported on Tuesday, the net loss mining in the first five months of 2016. amounted to 10.3 million zł, compared to over 1.1 billion zł in the same period a year ago. The improvement in the net result is not binding, however, mainly due to the improvement on the core business, which is the sale of coal, as it has brought mining to the end of May 970 mln zł losses.

the amount of net losses have an effect on the results of other activities and accounting matters related eg. the assets of companies, reserves etc.. this applies for example. Polish Mining Group – May was the first month of its operation , after the acquisition of the mines of the coal Company.

the average price of a tonne of coal during the period from the beginning of January to end of May It was about 41 zł lower than in the same period a year ago; This means a decrease of 15 percent. Falling prices of coal necessitate a reduction in the costs of production. As CEO KHW Thomas Cudny, this company has managed to reduce the cost of mining coal by 23 zł per ton, it is still too little of the low level of coal prices.

In the five months of this year, the financing of mining companies from the budget and the Guaranteed Employee Benefits Fund amounted to over 450 million zł. These were mainly expenses related to the transfer of the mines or their parts to the Company Restructuring Mines. At that time, the mining companies to the state budget received over 830 mln zł of taxes and other charges.

In the first quarter of this year for activities related to occupational health and safety in mines spent over 407 million zł – mainly for fire prevention and reduction of methane hazard.

For several months, is being implemented remedial program in coal companies – JSW, Katowice coal Holding and Polish Mining Group. It is primarily a realignment of employment, reduce costs, increase productivity, inefficient transfer of part of the assets of the Company for the Restructuring of Mines. Representatives of the Ministry of Energy emphasize, however, that the mining sector requires solutions – hence the appointment of a team that will develop a draft program for coal mining by 2030.

According to information provided during Tuesday’s session, the coal mining industry is currently approx. 86 thousand. people. Since the beginning of the year the number of employees decreased by 3604 persons. The decrease in employment is due to go on retirement, voluntary redundancies with a cessation payment and go on holidays mining. More than 1.7 thousand. still employees already has pension rights. To work this year accepted more than 730 people.

So far a voluntary transition to the Company of Mines Restructuring to make use of the social protection, declared a total of 9.3 thousand. employees of three mining companies – mainly miners underground. Most – 4837 people – in Polish Mining Group; in JSW 2,794 people and the Katowice Coal Holding 1,693 people. Approx. 10 percent. employees are interested in one-off allowances in cash; the others declared their willingness to leave for holidays mining or processing employees leave. Ability to take advantage of covers with transmission inefficient coal company asset to the Company Restructuring Mines.

“The interest the program is greater than originally assumed. However, there is concern that social protection for anyone run out of money. We have guaranteed funds in the state budget “- assured the Deputy Minister Tobiszowski.

According to Tuesday’s information, communicated to the deliberations team tripartite, in the first five months of this year, coal production increased by 315 thousand. tonnes (1.2 percent.) compared to the same period of 2015. Sales of coal was about 740 thousand. tons higher than last year. In the 28.5 million sold at the time, 88 per cent carbon. went to the domestic market, mainly for energy.

An analysis of the Katowice branch of the Industrial Development Agency, in June situation on the world coal market was marked by a significant recovery in all major coal terminals, due to constraints in the supply of both in the Atlantic and Pacific. A manifestation of this was a significant increase in the price indices. The results of trading price indices in ports ranged from 53.80 USD per tonne to USD 58.85 per tonne. The greatest dynamics was observed in European ARA. Limitation of mining and rising oil prices conducive to the strengthening of the indices of coal. Compared to listing a month ago the price of coal at European ports increased by 8.1 percent. The rise in the price of coal at the end of the month was accompanied by increased demand for supplies and an increase in freight rates.