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KGHM Polska Miedz SA (KGH.WA)

KGH.WA on Warsaw Stock Exchange

102.95PLN
19 Jun 2019
Change (% chg)

-1.10zł (-1.06%)
Prev Close
104.05zł
Open
104.00zł
Day's High
104.00zł
Day's Low
102.65zł
Volume
427,989
Avg. Vol
571,330
52-wk High
112.50zł
52-wk Low
81.10zł

Latest Key Developments (Source: Significant Developments)

EBOR Considers Purchase Of Up To 2.0 Bln Zloty Bonds From KGHM
Wednesday, 19 Jun 2019 

June 19 (Reuters) - KGHM ::SAYS SIGNS FRAMEWORK AGREEMENT WITH EBOR REGARDING POSSIBLE PURCHASE OF TO-BE-ISSUED CO'S BONDS OF TOTAL NOMINAL VALUE OF UP TO 4.0 BILLION ZLOTYS.SAYS EBOR CONSIDERS PURCHASE OF UP TO 2.0 BILLION ZLOTY WORTH OF BONDS FROM THE BOND ISSUE OF UP TO 4.0 BILLION ZLOTYS.  Full Article

Poland's KGHM Q1 Net Profit At 552 Million Zlotys, Above Estimates
Wednesday, 15 May 2019 

May 15 (Reuters) - Poland's KGHM ::Q1 NET PROFIT AT 552 MILLION ZLOTYS VERSUS 473 MILLION ZLOTYS SEEN IN REUTERS POLL.Q1 REVENUE AT 5.49 BILLION ZLOTYS VERSUS 5.20 BILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

KGHM Plans Bond Issue Program Of Unsecured Bonds Of Up To 2 Bln Zlotys
Thursday, 9 May 2019 

May 9 (Reuters) - KGHM ::SAYS PLANS FIRST BOND ISSUE PROGRAM OF UNSECURED BONDS OF UP TO 2 BILLION ZLOTYS IN Q2 2019.  Full Article

KGHM Feb. Payable Copper Production 53,800 Tonnes, Up 19% YOY
Friday, 22 Mar 2019 

March 22 (Reuters) - Kghm ::FEB PAYABLE COPPER PRODUCTION AMOUNTED TO 53.8 THOUSAND TONNES, EXCEEDING THE LEVEL ACHIEVED IN THE COMPARABLE PERIOD OF 2018 BY 19%.FEB SILVER PRODUCTION AMOUNTED TO 119.9 TONNES. PRODUCTION WAS HIGHER BY 68% YOY.FEB SALES OF PAYABLE COPPER AMOUNTED TO 61 THOUSAND TONNES AND WERE HIGHER BY 17.5 THOUSAND TONNES (+40%).FEB SALES OF SILVER AMOUNTED TO 123.1 TONNES AND WERE HIGHER BY 37.4 TONNES (+44%) YOY.FEB MOLYBDENUM SALES AMOUNTED TO 1.5 MILLION POUNDS AND WERE COMPARABLE TO SALES IN FEBRUARY 2018 (-2%).FEB TPM SALES AMOUNTED TO 18.6 THOUSAND TROY OUNCES AND WERE HIGHER BY 10.4 THOUSAND TROY OUNCES (+127%) YOY.  Full Article

KGHM Dec. Sales Of Payable Copper Up 2% YoY
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - KGHM ::DEC. SALES OF PAYABLE COPPER AMOUNTED TO 67.2 THOUSAND TONNES, UP 2 PERCENT YOY.DEC. PAYABLE COPPER PRODUCTION AMOUNTED TO 57.7 THOUSAND TONNES, UP BY 19% YOY.DEC. SILVER PRODUCTION AMOUNTED TO 122.1 TONNES, OR THE SAME LEVEL AS IN DECEMBER 2017.DEC. SILVER SALES AMOUNTED TO 101.7 TONNES, DOWN 43 PERCENT YOY.  Full Article

KGHM To Carry Out Impairment Tests Of Foreign Assets
Friday, 11 Jan 2019 

Jan 11 (Reuters) - KGHM ::SAYS THERE ARE GROUNDS TO REVIEW RECOVERABLE VALUE OF FOREIGN MINING ASSETS.SAYS WILL CARRY IMPAIRMENT TESTS TO ESTIMATE RECOVERABLE VALUE FROM SIERRA GORDA SCM JOINT VENTURE, SUDBURY ASSETS AND FRANKE MINE.  Full Article

Poland's KGHM Consolidated Net Profit At 363 Million Zlotys
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - KGHM ::Q3 CONSOLIDATED NET PROFIT AT 363 MILLION ZLOTYS VERSUS 557 MILLION ZLOTYS SEEN IN REUTERS POLL.Q3 REVENUE AT 5.36 BILLION ZLOTYS VERSUS 5.13 BILLION ZLOTYS SEEN IN REUTERS POLL.9-MONTH NET PROFIT AT 973 MILLION ZLOTYS VERSUS 1.17 BILLION ZLOTYS SEEN IN REUTERS POLL.  Full Article

KGHM Signs Agreement For Deliveries Of Cathodes To China
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - KGHM POLSKA MIEDZ SA ::SIGNS A FRAMEWORK AGREEMENT WITH CHINA MINMETALS NONFERROUS METALS CO. LTD. FOR DELIVERIES OF COPPER CATHODES OVER 2019-2023.THE ESTIMATED VALUE OF THE DEAL IS BETWEEN USD 1.59 BLN AND USD 3.82 BILLION DEPENDING AMONG OTHERS ON THE VOLUME OF DELIVERIES .THE AGREEMENT WILL REPLACE PREVIOUS DEAL FROM 2016 FOR 2017-2021 PERIOD.  Full Article

Poland's KGHM CEO sees copper price up at around $7,000/T in 6-12 months
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - KGHM Polska Miedz SA ::POLAND'S KGHM CEO MARCIN CHLUDZINSKI EXPECTS COPPER PRICE TO RISE TO AROUND $7,000/T IN 6-12 MONTHS."SIGNALS COMING FROM THE MARKET INDICATE THAT IN THE HALF YEAR OR YEAR PERSPECTIVE, COPPER PRICES WILL COME BACK TO THE LEVEL OF AROUND $7,000 PER TONNE," CHLUDZINSKI TOLD REPORTERS AT THE SIDELINES OF AN ECONOMIC FORUM IN KRYNICA ZDROJ, SOUTHERN POLAND. .  Full Article

Poland's KGHM to conduct asset impairment tests for key assets
Friday, 19 Jan 2018 

Jan 19 (Reuters) - KGHM Polska Miedz Sa : :Says will conduct impairment tests aimed at checking the value of its key foreign assets.Says impairment tests will not include the company's Sierra Gorda asset in Chile.Says tests stem from significant changes in parameters of some of its mines' lifespan, the volume of metal production, assumed operating costs and the level of capital expenditure during expected lifespan of the mines .  Full Article

CEE MARKETS-Currencies jump on Fed rate outlook, EU warning to Italy

* U.S. rate cut bets, EU warning to Italy help CEE currencies * Polish central bank reiterates rates could stay stable * Czech, Hungarian, Romanian retail sales continue to surge * Polish 10-year bond yield hits 4-year low, tracking Bunds (Recasts with Polish central bank meeting, new comments, bonds, Polish stock exchange) By Sandor Peto and Jason Hovet BUDAPEST/PRAGUE, June 5 Central European currencies extended their gains on Wednesday as expectations for