POLAND Mining News

Poland to hold high-level talks on Prairie Mining coal projects dispute

Poland's prime minister and other government officials will meet on Tuesday to discuss a threat by Australia's Prairie Mining to sue Warsaw over difficulties it faced in developing coal projects.

Polish government has turned energy market into a 'tragedy,' regulator says

Poland's energy market is being left to speculators after repeated interventions by the government have put off long-term investors.

Polish parliament’s lower house approves 15% cut to copper tax

If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.

Copper producer KGHM may freeze more mines in Canada, US – CEO

KGHM's foreign assets have struggled with rising costs, falling copper prices, technical problems and higher-than-expected capital spending.

Johnson Matthey chooses Poland to produce new battery materials

Chemicals group Johnson Matthey has secured a site in Poland to produce battery materials and signed a 10-year supply deal with Canada's Nemaska Lithium.

Polish Audit Office blasts KGHM acquisition of Chilean copper mine

The body, which looks into the way the Polish state operates and how it spends public funds, says the company has spent more than $5.2B in three years on the underperforming Sierra Gorda mine.

Last missing miner rescued from Polish mine after tremor

Miner missing in Rudna mine is alive!

A further eight miners rescued from Polish mine after tremor

Originally 14 were missing, but some were rescued within several hours of the tremor.

Mercedes-Benz will produce electric batteries in Poland – PM

The new investment would create 300 jobs and that investments would total over 200 million euros.

Poland's KGHM expects 2019 average copper price at $6,100-6,300/t

"We refer to lower end of copper price range forecast by analysts and we assume an average copper price at $6,100-$6,300 per tonne."

Climate ideals clash with coal realities at Polish-led U.N. talks

Coal bosses see a need to address climate risk, but say Poland must use thermal coal for electricity until it has a better option.

EU's largest coking coal producer seeks growth through acquisitions

Poland's ambitions to invest in coal have stirred outrage at U.N. climate talks taking place in Katowice.

Poland's JSW eyes controlling stake in Prairie Mining -CEO

We are now working on internal approvals for the final stage of talks - Daniel Ozon, CEO Prairie Mining

Northvolt to set up Polish battery plant to tap mining, storage markets

Northvolt's plans are a central part of Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem.

Hungary boosts gold reserves 10-fold, citing safety concerns

Hungary’s central bank increased its gold reserves 10-fold, citing the need to improve its holdings’ safety, joining regional peers with relatively high ownership in the European Union’s east.

Poland's KGHM focused on balance sheet, not dividends

KGHM will deliver updated strategy by year-end and it has no plans to sell foreign assets.

EU's biggest coal-mining nation plans output hike to cut imports

Poland plans to boost output of coal by about 10 percent in the next several years to cut down on imports, which are set to jump to a record this year.

Poland makes biggest gold purchase since 1998 as prices slump

Poland is making a rare charge into gold. The country added about 9 metric tons to its bullion reserves in July and August as prices dropped.

Scientists weigh call for much deeper cuts to coal pollution

Coal currently feeds about 27% of the world’s energy demand.

Poland's JSW seeks ministry approval to buy Prairie Mining assets – CEO

Poland's state-run JSW awaits approval from the Energy Ministry in its bid to acquire the mining assets of Australia's Prairie Mining

Britain's Tamar takes coking coal complaint to Polish PM

Tamar Resources wants to reopen the state-owned Krupinski mine in Silesia as a coking coal mine.

Belgium's Umicore to invest over $370 m in Polish battery materials plant

The plant is the first of its kind built by Umicore in Europe and comes as the European Union is trying to develop EV battery manufacturing in the bloc.

Poland's JSW seeks tighter grip on coking coal with possible Prairie bid -sources

State-run JSW and Australia's Prairie, which is developing mines in Poland, have been in cooperation talks for much of this year but JSW wants control.

Polish copper producer KGHM appoints new CEO

KGHM has not had a CEO since Radoslaw Domagalski-Labedzki was fired on March 10.

Poland's KGHM plans domestic investment of more than $3 bln by 2022

The company also said it plans to reduce investment in oversees assets and focus on domestic operations.