Prairie Mining #PDZ – Update regarding discussions on possible co-operation with JSW

Further to Prairie Mining #PDZ announcement on 29 March 2018 on the possible co-operation between Prairie and Jastrzębska Spółka Węglowa SA (“JSW”), Prairie notes recent press articles regarding comments by representatives from JSW on possible transaction(s) between the Company and JSW with respect to Prairie’s Polish coal projects. The Company advises that discussions continue to take […]

Prairie Mining #PDZ – Debiensko concession amendment and application update

In December 2016, following the acquisition of the Debiensko Hard Coking Coal Mine, Prairie Mining Limited applied to the Ministry of Environment (“MoE”) to amend the 50 year Debiensko mining concession. The purpose of the concession amendment was to extend the time stipulated in the mining concession for first production of coal from 2018 to […]

Prairie Mining #PDZ – March 2018 quarterly report highlights

MARCH 2018 QUARTERLY REPORT Highlights from and subsequent to the quarter end: Possible Co-Operation between Prairie and JSW During the quarter, Prairie noted press articles regarding possible co-operation between the Company and Jastrzębska Spółka Węglowa SA to progress the development and exploitation of the Company’s Polish coking coal assets. Prairie confirmed that meetings were held […]

Prairie Mining #PDZ – Align Research comment re legal proceedings in Poland

In recent weeks shares in Prairie Mining have been experiencing a bit of a rough ride on concerns about licence issues for their key coal asset in Poland. When we initiated coverage on Prairie in September 2017 we did point out that the company was a potential world-class hard coking coal supplier with two low […]

Prairie Mining #PDZ – Jan Karski concession update

In July 2015, Prairie Mining Limited announced that it had secured the Exclusive Right to apply for a Mining Concession for the Jan Karski Mine as a result of its Geological Documentation for the Jan Karski deposit being approved by Poland’s Ministry of Environment (“MoE”). The approved Geological Documentation covers areas of all four original […]

Prairie Mining #PDZ – Joint statement regarding possible co-operation between Prairie Mining and JSW

                                                                                       Joint Update Statement Regarding Possible Co-Operation between Prairie Mining and JSW Common position on establishing potential cooperation between Prairie Mining and JSW Prairie Mining #PDZ and Jastrzębska Spółka Węglowa SA (” JSW “) have entered into a Non-Disclosure Agreement (” NDA”) following Prairie’s approach to JSW with respect to potential co-operation regarding Prairie’s Polish coal projects. The purpose of […]

CityAM – Secretive Mayfair hedgie Lansdowne snaps up big stake in a Polish miner

by Oliver Gill, CityAM One of London’s oldest and most secretive hedge funds has snapped up a big stake in a Polish coal miner. Lansdowne Partners became a substantial shareholder in London-listed Prairie Mining on Friday, according to a filing released today, and now owns more than five per cent of the firm. Also listed […]

Prairie Mining #PDZ – JSW CEO Daniel Ozon may discuss Jan Karski investment as well as Debiensko.

Source Barbara Oksinska (Parkiet) and Maciej Martewicz (Bloomberg) Representatives of JSW, Poland’s biggest coking coal producer will again meet with Prairie Mining within 10 days to discuss coal projects in country, Parkiet’s journalist Barbara Oksinska says on Twitter, citing interview with JSW CEO Daniel Ozon; “Companies may again discuss Prairie’s Debiensko project, adjacent to JSW. They may also discuss an investment […]

Net TG Pol – JSW arrangements for the reactivation of Dębieńska in a few weeks

“We are currently having one meeting with Prairie Mining, during which we started a dialogue on potential cooperation regarding the Dębieńsko mine” – said Daniel Ozon. As the president of Jastrzębska Spółka Węglowa added, the possible construction-restoration project of the mine has nothing to do with the planned increase in production from 15 to 18 […]