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Press Releases / 2010 / NWR continues bolstering health and safety at its mining operations 

NWR continues bolstering health and safety at its mining operations

9/4/2010

Amsterdam, 9 April 2010 – New World Resources N.V. (“NWR“ or the “Company“)  continues to focus its efforts on improving work safety at its mining operations. The Company expects to reduce its work injury rate by more than 50% over the next five years, targeting Mining LTIFR1 of 5 in 2015, from 12 reported in 2009.

The outlined target will be achieved with the support of an extensive safety campaign at NWR’s subsidiary OKD, a.s. („OKD“), the completion of the SAFETY 2010 programme which replaces current personal protection equipment, regular safety education and instruction sessions for employees as well as the active engagement of workers in helping to continously improve the Company‘s safety regulations. In 2009, the number of registered injuries at OKD mining workplaces fell by 17 per cent and LTIFR was 8% lower compared to 2008.

“The tonnage of mined coal and good financial results can not come before the wellbeing and lives of our employees, so the focus on improving health and safety in our workplaces will remain our first priority. Each person must be conscious from the start of their shift that while working underground they have a responsibility for the health and safety of not only themselves but also for that of their fellow colleagues,“ said Leo Bayer, Chief Operating Officer of OKD, explaining the principles of the safety campaign.

OKD has prepared a comprehensive information campaign to be presented at its mines and thorough its internal publications. The campaign is designed to spur employees into taking an even more precautionary approach to their work at mining workplaces. Mine managers also intend to reward employees who contribute, beyond their call of duty, to the detection and removal of threats to health and safety.

By the end of this year, OKD expects to complete its SAFETY 2010 programme launched in 2008, which involves the extensive replacement of personal work protection and technical equipment. The total investment related to this programme is of approximately EUR 17 million.

“Since 2008 we have provided our workers with more than 32,000 pairs of stronger work boots, 36,000 new mining outfits with reflective stripes, 14,000 protective helmets with visors, more than 10,000 more powerful and lighter personal lamps and the latest self rescue devices. By the end of this year, each of our miners will have at their disposal the most modern personal work equipment that can be found on the global market,“ added Bayer.

- End -

For further information please contact:

New World Resources N.V.

Investor relations
Tel.: +31 20 570 2270
E-mail: ir@nwrgroup.eu     Corporate communications
Tel.: +420 225 282 163
E-mail: petra.masinova@okd.cz 

New World Resources N.V.
New World Resources N.V. is the sole owner of OKD, a.s., the Czech Republic’s largest hard coal mining company and one of the largest producers in central Europe by revenue and volume. Serving customers in the Czech Republic, Slovakia, Austria, Poland, Hungary and Germany, in 2009 the Company produced 11Mt of coal and 843kt of coke.

Website: www.newworldresources.eu


1LTIFR - Lost Time Injury Frequency Rate equals number of reportable injuries after three days of absence divided by total hours worked expressed in millions of hours



09 Apr 2010 NWR continues bolstering health and safety at its mining operations (51KB PDF)

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