New World Resources Plc (‘NWR’ or the ‘Company’) regrets to announce a fatality at the Karviná Mine of OKD, a.s. (‘OKD’), its Czech mining subsidiary. On Thursday 27 March a 42-year-old worker died approximately 1,000 metres underground.
NWR expresses its deepest condolences to the families, relatives and friends of the deceased worker.
An investigative committee comprising members of the District Mining Authority in Ostrava, Karviná 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 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 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 listed in London, Prague and Warsaw. It is a constituent of FTSE Small Cap index.
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