Tierra NRG S.A.S. Retains Mineria Polaca to Conduct Mining Development and Production Plans for Boyaca/Socha Mining Opportunities
Summary
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.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.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.Tierra NRG is aggressively seeking further opportunistic acquisition and development opportunities in metallurgical coal and integrated business lines.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.Company StrategyThe Company growth strategy involves developing small to medium-sized properties that offer superior short-term exploitation potential.