Prairie Mining Limited has announced the formal approval of the spatial development plan (rezoning) for its 100% owned high value ultra-low ash semi-soft coking coal Jan Karski Mine in the Lublin Province, south east Poland.
Prairie’s Chief Executive Officer Ben Stoikovich commented:
“With approval of the spatial development plan we have taken a major step forward towards applying for a Mining Concession in order to build the Jan Karski Mine together with our strategic partner China Coal, and ultimately unlock significant value for all stakeholders. We continue to enjoy strong support from the community, local Municipalities and the Regional Government.
Jan Karski is now one of the most advanced metallurgical coal projects of significant scale in the Northern Hemisphere and its development will provide substantial economic and social benefits for Eastern Poland. We now look forward to submitting the ESIA for formal Environmental Consent and our Mining Concession application in due course.”
Spatial planning (Rezoning) approval for Jan Karski
Following completion of community consultation and submission by Prairie of all applications required to change the local spatial development plan to effect the rezoning of land for mining use, the Gmina (Municipality) of Siedliszcze has officially adopted a new spatial development plan that will allow for the construction of the Jan Karski Mine site in the location of Kulik.
The Resolution of the Town Council of Siedliszcze on “adoption of zoning plan for stage I No. XXIX/250/17” was passed completing yet another significant milestone towards Prairie obtaining a Mining Concession for Jan Karski. The spatial planning approval process was conducted in parallel with approval by Poland’s Ministry of Agriculture for the rezoning of 56 hectares of agricultural land to be designated for industrial (mining) purposes. This 56 hectares is in the Kulik area where the Jan Karski mine shafts and major surface facilities will be located, as per the approved Jan Karski Deposit Development Plan and the ongoing China Coal Bankable Feasibility Study.
The spatial planning approval process was conducted in parallel with approval by Poland’s Ministry of Agriculture for the rezoning of 56 hectares of agricultural land to be designated for industrial (mining) purposes. This 56 hectares is in the Kulik area where the Jan Karski mine shafts and major surface facilities will be located, as per the approved Jan Karski Deposit Development Plan and the ongoing China Coal Bankable Feasibility Study.
This follows the achievement by Prairie of another significant permitting milestone following official approval by the Lublin Regional Mining Authority of the Jan Karski Deposit Development Plan (DDP) in May 2017 (refer to ASX announcement dated 25 May 2017).
Prairie remains on track to have its full application for a Mining Concession submitted for Jan Karski in the coming months. In Poland, a Mining Concession application comprises the approval of a DDP, a spatial development plan (rezoning of land for mining use), and an Environmental Social Impact Assessment (ESIA) in the form of an Environmental Consent decision. Jan Karski’s DDP and Spatial Development Plan have now been officially approved. Furthermore, Prairie has substantially completed the ESIA for Jan Karski and is expecting to make a formal submission to regional authorities for Environmental Consent in the coming weeks. Granting of the Environmental Consent will fulfil all of the regulatory prerequisites for the Company to submit a formal Mining Concession application.
Strong coking coal environment
Prairie has noted the current strong coking coal price environment with spot market prices for hard coking coal FOB Australia remaining at around US$200/t. The strength in coking coal prices has been attributed to strong cash margins of Chinese steel mills currently well above US$100/t compared to the previous 5-year average of ~US$25/t, production cuts by some Chinese miners, and production disruptions in Australia which have recently included South32 calling force majeure at its Illawarra Coal operations and ongoing labour issues at Glencore’s Oaky North mine.
Read the article online at: https://www.worldcoal.com/exploration-and-development/22082017/jan-karski-mine-spatial-development-plan-approved/