Industry ministry says new talks probably needed over Paskov mine

Falling world prices for hard coal have again put the future of the Paskov mine in danger and negotiation over state help are likely to be needed again, the Ministry of Industry and Trade has warned. The mine in the far east of the country is one of the last deep coal mines in the country. The government agreed last year on a package of steps that would temporarily save the around 1,800 jobs at the mine and the thousands of others depending on it. Mine owner OKD was, however, given the option of restarting the closure process before the end of 2017 if coke price continued below a certain level.

Author: Chris Johnstone