KGHM eyeing phase II copper project in Chile

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.

US approves missile sale to Poland

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.

Research institute predicts further drop in food exports

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...

KGHM appeals for lower mining tax

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.

Miners demonstrate outside Sejm during PM address

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...