Siberia | Materials, extraction

Lapichevskaya Mine buys coal field for $5m

17 Sep '10
Coal and energy company Lapichevskaya Mine has bought at an auction a license on Lapichevskaya Mine-2 coal field in Kemerovo region, Kommersant reports.

The company has reportedly suggested the price of $4.9m.

The reserves at the field, located in Kemerovo and Kemerovo district, are estimated at 120 million tons of coal.
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