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Amsterdam, 22 April 2013
Fatalities at the CSM mine
New World Resources Plc ('NWR' or the 'Company') regrets to announce fatalities at the CSM mine of OKD, a.s. ('OKD'), its Czech mining subsidiary. On Monday 22 April two 34-year old workers died approximately 1,100 metres underground.
NWR expresses its deepest condolences to the families, relatives and friends of the deceased workers.
An investigative committee comprising members of the District Mining Authority in Ostrava, CSM mine management, OKD management, the OKD Trade Unions representatives, and the Police of the Czech Republic is now conducting an enquiry into the accident.
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New World Resources Plc is one of Central Europe's leading hard coal and coke producers. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic. NWR's coke subsidiary OKK, is Europe's largest producer of foundry coke. NWR currently has several development projects in Poland and the Czech Republic, which form part of NWR's regional growth strategy.
In 2013 the Company announced a strategic outlook to reposition NWR into Europe's leading miner and marketer of coking coal by 2017.
NWR is a FTSE 250 company, with listings in London, Prague and Warsaw.
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