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27.07.2010 Two more Ulug-Khem parcels to be sold


Zapadnyy parcel features 496.7 m t of C1+C2-categorized balance reserve (according to Russian nomenclature), plus 102 m t of off-balance one.

Bomskaya coal area has not been explored yet, but its reserves are preliminarily estimated as 1 bn t of coal.

Ulug-Khem is among the most promising Russian coal basins, Nikolai Sosnovskiy (Uralsib, analyst) says. One of its deposits, Mezhegeyskoye, has already been bought by Evraz for 950 m roubles; two more—Tsentral’nyy and Vostochnyy) wait their turn.


Source:   metcoal.ru