KGHM and partner Sumitomo are considering the start of their second-phase project at the Sierra Gorda mine in Chile. After the initiation of phase II, the mine may surpass its 220,000 ton planned output by as much as 10-15 percent.
The United States Department of State has approved the sale of 40 AGM-158A Joint Air-to-Surface Standoff Missiles (JASSM) to Poland, together F-16 Operational Flight Plan upgrades, equipment, parts, training and logistical support.
Poland’s natural gas giant PGNiG has signed a bond issue agreement with state-owned lender Bank Gospodarstwa Krajowego (BGK), the companies said in their respective statements on Thursday.
The Institute of Agricultural and Food Economics (IERGiŻ), a state research institution that deals with Polish food production, has published a forecast saying that food exports will drop by two percent y/y in 2014, with a trade surplus of €6 billion. Furthermore, the forecast claims that food expor...
The Polish government should cut down the country’s mining tax, Herbert Wirth, CEO of copper and silver mining giant KGHM, told news agency IAR after the opening ceremony of the company’s Sierra Gorda mine in Chile, where costs are some 40 percent lower than in Poland.
During the Prime Minister’s inaugural speech, miners’ unions and other labor unions organized a demonstration just outside of the Sejm. From eyewitness account the crowd numbered about a couple thousand and many came from the Silesian mining district. “We didn’t come to prote...
UPDATE: On Wednesday evening, the Kopacz cabinet received approval from the Sejm, with 259 votes in its favor.
Poland’s Manufacturing PMI amounted to 49.5 points in September compared to 49 points in August, according to a press release from HSBC and Markit Economics, which calculate the index.
The General Directorate for National Roads and Motorways GDDKiA signed and agreement with a consortium of construction firms Budimex and Strabag for the construction of a 13.2-kilometer section of the A1 highway between Kalin and Tuszyn, in central Poland, Budimex said in a statement. The deal’s val...
US Secretary of Commerce Penny Pritzker believes that the trade between Poland and the United States should be increased. “We have had deep trading ties for a very long time, but they are not deep enough,” she said at a press conference on Monday morning.