JSC “Russian Coal” bought at auction the right to work at “Northeastern” coal area of Pereyaslovskoe coalfield. The period of license is 25 years. Thereby JSC “Russian Coal” has increased its reserves by 78 million tons. Now total coal reserves of the company are 1.324 billion tons. The mining at “Pereyaslovskoe” began in 1983. It is one of the biggest mines of brown coal in that area. Production capacity of the mine is 7 million tons of coal a year. More than 720 people work at the mine.