The Global Resource For Connecting Buyers and Sellers

Poland’s KGHM Q1 net rises to $104m

Polish KGHM, one of the world’s biggest copper producers, reported on Friday a 147% rise in its first quarter consolidated net profit boosted by metal prices and weaker zloty.

The state-run miner posted a consolidated net profit of 398-million zlotys ($103.81-million) compared to 161-million zlotys the company reported a year ago.