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Business April 13, 2021 We have the gold medal for silver (production - PAP) and this is very good news, Marcin Chludzinski, KGHM CEO told PAP. Adam Warżawa/PAP Last year, Poland s copper and silver conglomerate KGHM was the largest silver producing company worldwide, the Kitco.com website has reported. The ranking of the world s top ten largest silver mines was prepared by Kitco.com, a website that specialises in news on precious metals mining, and based on reported production in 2020. With 39.2 Moz (million ounces) of silver mined last year, the Polish company topped the list. We have the gold medal for silver (production - PAP) and this is very good news, Marcin Chludziński, KGHM CEO told PAP. ....
KGHM looking to sell two US copper assets Image courtesy of Poland’s state-run mining company, KGHM, plans to sell its Robinson and Carlota copper mines in the United States and reinvest the proceeds in its domestic operations, two banking sources told Reuters. KGHM, one of Europe’s biggest copper and silver producers, became the owner of the US mines in 2012, when it bought rival Canadian Quadra FNX. Sign Up for the Copper Digest Sign Up Copper, a highly efficient conductor of electricity and heat, is in high demand for use in renewable energy systems to generate power and in electric vehicles. New deposits are rare and increasingly difficult to recover. ....
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Mining firms in Chile, the world’s No.1 copper producer, warned that costs could rise as labor unions and vendors also try to cash in on the trend. ....