Analysis of SRK S.A. mining rescue costs

In connection with the mining reform, which took place in 2015, and the necessity to liquidate some of the active mining plants, the Management Board of SRK S.A. established the Emergency Rescue Station. Below article describes the beginnings of SRK mining rescue organization and its current situation. The main intention of this paper is to present an analysis of SRK S.A. mining salvage costs in 2015-2017 related to its equipment, maintenance and operations. Next important aspect is a presentation of the results of the SWOT analysis, which tries to answer the question if having its own mining rescue services bring SRK S.A. losses or financial benefits. The presented results are an interesting case study that illustrate the actual level of annual expenses and capital expenditures borne by SRK S.A. in order to ensure the safety of people working underground in liquidated mining plants and the savings brought by own mining rescue services.