POLAND Mining News

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.

Last missing Polish miner found dead: JSW

“The (last) miner’s body was trapped under one of many structures in the destroyed pit,” JSW said in a statement.

Polish miner KGHM's first-quarter profit down 38 pct on sales decline

Net profit for the first three months of the year stood at 439 million zlotys ($121.08 million), compared with the 453 million zlotys expected by analysts.

Two of three missing Polish miners found dead -JSW

One man is still missing at the Zofiowka mine in southern Poland.

Poland's KGHM expects to match or exceed 2017 profit this year

The CEO also forecast that the copper price will exceed $7,000 by the end of this year, as analysts at Bank of China expect.

Two miners dead, three missing after quake at Polish coal mine

A 3.4 magnitude quake hit the Borynia-Zofiowka-Jastrzebie coal mine in southern Poland on Saturday morning.

Even Europe’s biggest coal addict now wants to clean up its act

Poland has about $30 billion of planned wind projects 30 kilometers (19 miles) out in the Baltic.

Poland's KGHM says Q1 copper sales fall 12 pct yr-on-yr

KGHM also said in a statement that silver sales fell in the same quarter by 16 percent to 212.6 tonnes.

Prairie Mining starts legal action against Poland's environment ministry

The news sent the miner's shares plunging 30 percent in London and 20 percent in Warsaw.

Poland's biggest miner PGG expects small rise in 2018 coal output

Poland's biggest mining firm, state-run PGG, expects its coal output to rise slightly this year from around 30 million tonnes in 2017.

These charts show just why copper price fundamentals are so strong

The world's 10 largest copper mines accounted for 25% global output in 2017 – on average these deposits were discovered 95 YEARS ago.

Polish JSW beats forecasts with 2017 profit, but suspends dividend

JSW said on Monday its 2017 net profit jumped to 2.54 billion zlotys ($745.31 million) from 6.7 million zlotys a year earlier.