Bogota, Colombia, May 30, 2010 --(PR.com
)-- Tierra NRG SAS, a Colombia based metallurgical coal mining company, today announced it has retained Mineria Polaca S.A., to prepare design development and engineering plans for Tierra NRG’s Boyaca/Socha area mining opportunities.
Mineria Polaca is the premier underground metallurgical coal mining specialist in the Republic of Colombia. The Company has an excellent track record of quickly developing and managing metallurgical coal operations while having a keen sense of cost controls and profitability.
“Mineria Polaca is currently preparing comprehensive design, development and engineering plans for Tierra NRG’s Socha mine project. We look forward to working with the team at Tierra NRG and anticipate breaking ground on Phase 1 of the project late summer 2010,” stated Jan Machejek, President of Mineria Polaca.
Jesus Izquierdo, spokesperson for Tierra NRG stated, "We are optimistic about the growth of our operations in the Boyaca/Socha region. Mineria Polaca is the leader in the modern, European style, environmentally friendly, mining that our operations require. We are excited to have this opportunity to work with Jan and his team. They have a wealth of experience operating metallurgical coal mines in Colombia and have an exceptional reputation. We look forward to a long-term prosperous relationship.”
Tierra NRG is focused on the Boyaca/Socha region of Colombia, which is well known for high-quality metallurgical coal. Colombian metallurgical coal has historically been in high demand in the global steel industry. The Socha region has seen increased activity in recent months with large multi-national mining companies making major acquisitions.
For more information, please contact Tierra NRG at firstname.lastname@example.org.
About Tierra NRG
Tierra NRG is a privately owned company with a core concentration on its current metallurgical coal opportunities in Colombia. The objective of the company is to create wealth for its shareholders through strong cash flow generation, adherence to strict business and investment strategy and focus on its competitive advantages and economical operations.
The Company growth strategy involves developing small to medium-sized properties that offer superior short-term exploitation potential. Tierra NRG is currently involved in mining and developing existing metallurgical coal interests and the related infrastructure. Tierra NRG is aggressively seeking further opportunistic acquisition and development opportunities in metallurgical coal and integrated business lines.
Tierra NRG strives to ensure both quality and safety and is committed to sustainable and responsible resource development.
For additional information please contact:
Tierra NRG S.A.S.
This document contains discussion of items that may constitute forward-looking statements. While Tierra NRG believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved.