For every ton of coal mined, a miner in Australia gets $16.70, while in Russia he gets 18 rubles. If a miner in Australia and a miner in Russia each extract 3,000 tons, the Australian will earn $50,000 a month, while the Russian will earn 50,000 rubles. The mine owner’s profit is about 50 percent in Australia, and more than 800 percent in Russia. *//////// First. The Raspadskaya mine produces around 8 million tons of coking coal per year. Second. Last year, coking coal prices bounced around in the $100 to $200 per ton range, with a noticeable upward trend. That is, if we assume that the mine’s annual revenue from the coal it extracts is at least $1 billion a year, that would not be an obvious exaggeration. Third. The average salary at OJSC Raspadskaya Coal Company is 32,000 rubles, with 7,500 employees. That means the company’s total payroll comes to around $100 million a year (excluding the Unified Social Tax, a former Russian payroll tax). At the same time, it should be remembered that CJSC Raspadskaya Coal Company includes 3 mines (OJSC Raspadskaya, OJSC Mezhdurechensk Coal Company-96, CJSC Raspadskaya-Koksovaya — under construction), the Razrez Raspadsky open-pit mine under construction, the Raspadskaya coal preparation plant, as well as three service enterprises. *///////// — 14.05.2010 12:09 — AT: Putin visited Abramovich’s new villa in Vienna Russian oligarch Roman Abramovich bought a villa in Vienna’s Döbling district, Austrian Times writes. The four-story house, which also includes a 1,200-square-meter plot of land, cost Russia’s biggest businessman €9.6 million. The publication also reports that Russian Prime Minister Vladimir Putin was seen on the villa’s terrace together with its new owner. */////// In general, it would be good if someone who understands the coal power industry well (for example, Vova Milov) would break down Raspadskaya’s economics. The share of labor costs in total cost. The impact of safety measures. How much is being saved on miners, how much through offshore tax optimization. And so on. v_milov , don’t blow this off. It would make for great reading.