KGHM Polska Miedz
Encyclopedia
KGHM Polska Miedź is one of the largest producers of copper
and silver
in the world. The mining
& metallurgy
company is based in Poland
in Lubin
. KGHM Polska Miedź S.A. owns shares in 33 entities, operating in various production and service-related areas.
KGHM is one of the largest Polish exporters, the largest employer in Lower Silesia, and a significant part of the WIG20 index – winner of a prestigious statuette for achievements in 2005. The Company was awarded the Bull and Bear prize by the Market Paper "Parkiet" in the category of best investment in a WIG20 company and the Pearl of the Polish Market prize in the raw materials and energy sector.
The Company generates enormous profits, and holds a strategic interest for the Polish economy. The year 2007 saw record results in the production of electrolytic copper – 532,974 t – and of metallic silver – 1,215 t, and above all a record profit – nearly PLN 3.8 billion and a future promising steady growth and an increase in the value of the Company.
Copper
Copper is a chemical element with the symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; an exposed surface has a reddish-orange tarnish...
and silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...
in the world. The mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
& metallurgy
Metallurgy
Metallurgy is a domain of materials science that studies the physical and chemical behavior of metallic elements, their intermetallic compounds, and their mixtures, which are called alloys. It is also the technology of metals: the way in which science is applied to their practical use...
company is based in Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
in Lubin
Lubin
Lubin is a town in Lower Silesian Voivodeship in south-western Poland. From 1975–1998 it belonged to the former Legnica Voivodeship. Lubin is the administrative seat of Lubin County, and also of the rural district called Gmina Lubin, although it is not part of the territory of the latter,...
. KGHM Polska Miedź S.A. owns shares in 33 entities, operating in various production and service-related areas.
KGHM is one of the largest Polish exporters, the largest employer in Lower Silesia, and a significant part of the WIG20 index – winner of a prestigious statuette for achievements in 2005. The Company was awarded the Bull and Bear prize by the Market Paper "Parkiet" in the category of best investment in a WIG20 company and the Pearl of the Polish Market prize in the raw materials and energy sector.
The Company generates enormous profits, and holds a strategic interest for the Polish economy. The year 2007 saw record results in the production of electrolytic copper – 532,974 t – and of metallic silver – 1,215 t, and above all a record profit – nearly PLN 3.8 billion and a future promising steady growth and an increase in the value of the Company.