Poland’s JSW seeks tighter grip on coking coal with possible Prairie bid -sources

MINEX Forum | September 10, 2018
img0 Poland’s JSW is considering a bid for control of Prairie Mining to tighten its grip as the EU’s biggest coking coal miner, two sources familiar with the situation said. Coking coal is on the European Commission’s list of critical raw materials of economic importance with the price of Chinese coking coal futures tripling since 2015. ...

Last missing Polish miner found dead

MINEX Forum | May 17, 2018
img0 Rescuers searching for Polish miners trapped almost a kilometer underground since a tunnel collapsed 11 days ago have found the body of the last missing man, taking to five the death toll in the incident, coal company JSW said on Wednesday. The Zofiowka mine in southern Poland was hit by an earthquake on May 5, ...

Polish copper miner KGHM misses forecasts with Q4 net loss

MINEX FORUM | March 15, 2018
img0 Poland’s KGHM, one of the world’s biggest copper producers, reported a fourth-quarter consolidated net loss of 87-million zlotys on Wednesday compared to an almost five-billion zlotys impairment-driven loss a year ago. The loss came despite a rise in copper prices and contrasted with an average net profit of 522-million zlotys expected by analysts in a Reuters poll, many of whom ...