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The National Bank of Poland bought a net 18 t of gold in May 2026, the largest single accumulation among central banks that month, according to Heraeus Precious Metals. This lifted Poland's reserves to 614 t, overtaking the Netherlands as the world's tenth-largest sovereign gold holder and leaving it just 86 t short of its 700 t target.
KGHM expands Sierra Gorda and sets 2055 strategyPolish copper miner KGHM, one of the world's largest silver producers with 43.3-million ounces mined in 2025, has approved a fourth grinding line at its Sierra Gorda joint venture with South32, lifting processing capacity by about 25%, to 60-million tonnes a year, with first output expected in 2030. KGHM's 2055 strategy earmarks more than PLN32-billion of investment through 2030 for its domestic mining base, infrastructure and international assets, targeting average silver output of about 41.5-million ounces a year between 2026 and 2030.
Mkango advances Puławy rare earth plantMkango Resources' prefeasibility study for a rare earth separation plant at Puławy, Poland, estimates an after-tax net present value of about $779-million, with production ramp-up expected in the second quarter of 2029.
Poland Updates
Following the latest hostilities in the US war with Iran, precious metals prices dropped across the board, with the gold price falling back below $4 100/oz and silver below $60/oz. In its latest...
Poland's state-controlled copper and silver miner KGHM is exploring potential acquisition opportunities outside Europe under its new strategy, including projects in Morocco, Argentina, Canada and...
JSE-listed Fortress Real Estate Investments has reaffirmed its distributable earnings forecast of at least R2.15-billion for the financial year ending June 30. This translates into a forecast...
Diarise it. Diarise June 22, or circle it on your calendar if you are old school. Why should you diarise it? Well, the day is celebrated as World Rainforest Day, International Being You Day, and...
The proposed rare earth separation plant will process mixed rare-earth carbonate feed into separated rare earth products
JSE-listed real estate investment trust (Reit) Emira Property Fund has reported robust results for the financial year ended March 31, declaring a cash-backed second-half dividend of 64.61c a share,...
KGHM Polska Miedz SA, the EU’s largest copper producer, plans to expand its footprint abroad as the global shift to cleaner technologies fuels appetite for the red metal. Poland-based KGHM wants...
JSE-listed real estate investment trust Redefine Properties reported a 7.4% year-on-year increase in distributable income for the six months ended February 28. This prompted it to increase the...
The project will provide renewable electricity for nearly 500 000 Polish households.
In a trading update for the three months to March 31, JSE-listed packaging and paper company Mondi reports earnings before interest, taxes, depreciation and amortisation (Ebitda) of €212-million,...
Marking an historic milestone for underground mining in South Africa, the successful commissioning of the FLP1410 drill rig at a chrome mine on the eastern limb of South Africa’s Bushveld Complex...
Aim- and TSX-V-listed rare earth elements and associated minerals company Mkango Resources’ subsidiaries HyProMag and Mkango Rare Earths UK have been named as collaborative project winners of the...
Government Communication and Information System acting government spokesperson Nomonde Mnukwa pointed out on Wednesday that despite a challenging global environment, South Africa’s financial...
State-owned Polskie Elektrownie Jądrowe reported on March 31 that it had applied for a construction licence to build the nuclear power plant.
Industrial sectors form the backbone of the South African economy. Mining, power, electrical, automation, transport and local manufacturing each play a distinct yet interconnected role in driving...
Industrial sectors form the backbone of the South African economy. Mining, power, electrical, automation, transport and local manufacturing each play a distinct yet interconnected role in driving...
The Southern African Plastic Pipe Manufacturers Association (SAPPMA) recently hosted a highly informative webinar as part of its ongoing commitment to sharing objective, non-profit industry...
Aim- and TSX-V-listed Mkango Resources has announced the results of the updated definitive feasibility study (DFS) for its Songwe Hill rare earths project, in Malawi, and of a prefeasibility study...
With the national poultry industry having grown to meet domestic demand including significant import replacement, the next logical step is to transition to exports, says South African Poultry...
Polish copper miner KGHM dismissed CEO Andrzej Szydlo and deputy CEO Piotr Stryczek on Friday, the company said in a statement, without providing a reason. As of 11:22 GMT, shares of the company...
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