From Russia with love: Coal miners thrive

Soaring: The country’s two collieries are seeing rising demand for their products PIC: MINERGY.COM
Soaring: The country’s two collieries are seeing rising demand for their products PIC: MINERGY.COM

Coal prices have surged more than 300% in the past two years, driven most recently by the war in Eastern Europe, and the country’s two collieries are riding the renewed popularity of a mineral the world had hoped would die out.

The war in Ukraine has forced European nations to move away from Russian coal, gas, and oil, raising the price of fossil fuels at a time when the region has been leveraging on these commodities to accelerate its green transition.

Russia, the third-largest exporter of coal, has been hit with broad sanctions by the West over its war in Ukraine, leading to shortages of the commodity while demand had already been rising due to the recovery of the global economy from the initial COVID-19 impact.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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