Running a business entails various risks which can significantly impact the economic and production results achieved by a given enterprise. One way of hedging certain risks is to use appropriately designed derivatives. This article presents the newest group of these contracts, i.e. swaps, and focuses on how these contracts can be used by Polish mining companies from the hard coal mining sector selling a part of their output on the global market. This article briefly characterises and presents types of swaps as well as the Polish swap market, pioneered by Polski Bank Rozwoju S.A. with the first FX swap of 1992. Since then, other types of transactions have also been included in the offering of domestic banks (assets swaps, cross-currency interest rate swaps). Mining companies producing hard coal have not been active on the swap market yet because of their poor activity on derivative markets. This article proposes a swap as an derivative hedging the hard coal price for a mining company exporting a part of its production to the global market. In the presented example, a mining company, by concluding a forward and an appropriately structured commodity swap, was able to both protect it self from a fall in the price and use additional gains due to prices rising in the global market. Apart from commodity swaps, mining companies can use FX swaps, IRS and other swaps described in the literature and commonly applied in practice by various economic entities, depending on the type of risk that needs hedging. A significant advantage of this kind of contract is that there is no need to freeze funds in security deposits, nor are there fees of other kinds (premiums) like those payable for other derivatives (futures, options).

Open pit mining of rock minerals and the affected areas requiring further development are a serious challenge for shaping the positive image of the mining industry among the public. The direction and method of post-mining land reclamation are important for this image, which should take into account various factors describing the mining area, including social preferences. The article presents an example solution – fuzzy system (FSDR) – which supports the selection of the direction of reclamation of post-mining areas created after the termination of operations of open pit gravel and sand natural aggregate mines. The article presents selected factors determining the selection of the direction and possible reclamation variants as input and output data of the fuzzy system. The rules base of the developed system, as well as the mechanisms of inference and defuzzification, were also characterized. The application of the developed system is presented on selected examples.