Koks group is about to direct the profit on a sale of mines for the development of two other ones
Edited by Rhod Mackenzie / 2013-11-01 05:00:50
Koks group plans to direct the funds on a sale of mines “Vladimirskaya”, “Romanovskaya-1” and “Biryulinskaya” for a completion of construction of the mines “Butovskaya” and the one named after S.D.Tikhov, Interfax reports.
The decision on assets sale has been taken because of reconsideration the priority direction of development of the coal division of the company, i.e. redistribution of the large part of the investments for the construction of new and more prospective mines – “Butovskaya” and the one, named after S.D.Tikhov.