KGHM

Polish KGHM eyes takeovers with China Minmetals

Europe's No.2 copper producer, KGHM, may make joint acquisitions with China Minmetals Corporation, KGHM Chief Executive Herbert Wirth said on Wednesday.

Copper miner KGHM almost triples Q1 profits

Europe's No.2 copper producer KGHM (KGHM.WA) nearly tripled its net profit in the first quarter, beating expectations thanks to a rally in metal prices.

Poland's state-controlled miner said on Friday its bottom line reached 1.96 billion zlotys ($710 million), compared to 1.84 billion seen in a Reuters poll.

KGHM launches telecom arm sale

KGHM (KGHM.WA: Quote), Europe's second biggest copper producer, has launched the sale of its telecoms arm Dialog as part of its plans to shed some non-core assets, sources close to the deal told Reuters late on Monday.

"Teasers have been sent," one of the sources said, referring to a document presenting the company to potential buyers.

Institutional investor wants KGHM to pay entire profit as dividend

One of the Polish miners institutional investors called on the copper producer to hand back its entire 2010 profit of $1.6bn as a dividend

KGHM announces almost doubling in Q4 profits

The Polish miners beat market expectations announcing a strong fourth quarter on the back of surging metal prices and said it expects to see 2011 net profit jump to a record 8.35bn zlotys Poland's KGHM (KGHM.WA: Quote) almost doubled its fourth-quarter