EFT News

Monday, January 10, 2011
Stanari mine results in 2010.

The Stanari mine achieved its best ever result in 2010, marking the fourth successive year of record coal excavation at the site. In total 794 364 tonnes of lignite was excavated, marking a 11.3% rise on the previous year. In addition, 5 200 000 cubic meters of overburden was removed, bettering the previous year’s result by 4.3%. Sales also impoved and were 52 000 tonnes higher than in 2009. 

EFT has so far invested over EUR 40 million in the Stanari mine and has modernized every production process at the mine. Since taking over the mine, the Group has paid over EUR 20 million on account of concessionary fees and local taxes. In this time, over 200 new jobs have been crated. The mine currently employs 448 workers and is certified to abide by ISO 9001, ISO 14001 and OHSAS 18001 international standards on protection of employees and work, protection of environment and quality of service.