RM-SYSTÉM»Události»NWR - Update on the Paskov mine

NWR - Update on the Paskov mine

18.09.2013 08:42

New World Resources Plc ('NWR' or the 'Company') and OKD, a.s. wish to update the
market regarding the Paskov mine. The Company announced on 15 July 2013 that, as a
divestment of the Paskov mine appears unlikely, the Company has been evaluating other
scenarios including a temporary or permanent shutdown of the mine.

Today, the Company concluded that the Paskov mine is likely to remain uncompetitive in
the medium term, and therefore has decided to close the mine with the phasing and terms
of such closure to be determined after discussions with the Czech government and other

NWR will update the market in due course.

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