- mining work contractor;
Our assets
The KGHM Polska Miedź S.A. Group holds geographically diversified mining assets (mines of copper ore and accompanying elements, such as silver, molybdenum, nickel, gold and other precious metals) located in Poland, the USA, Chile and Canada and copper smelters and refineries in Poland.
Location of the production assets of the KGHM Polska Miedź S.A. Group
Poland
The Polkowice-Sieroszowice Mine is located in Lower Silesia, to the west of the town of Polkowice. Currently, it conducts mining works in four mining areas: Polkowice, Radwanice Wschodnie, Sieroszowice and in a part of the Głogów Głęboki-Przemysłowy (Deep Głogów) area. Within the Sieroszowice mining area, there are also rich deposits of rock salt above the copper-bearing horizon. The Polkowice-Sieroszowice Mine’s current production capacity is around 12 million tonnes of ore per year.
Location | Lower Silesia, Poland |
Ownership | KGHM Polska Miedź S.A. Division |
Type of mine | underground |
Main ore type | copper ore |
Associated minerals | silver, lead, rock salt, gold |
Type of orebody | stratiform |
End product | copper ore |
Copper in extracted ore in 2022 | 196.8 kt |
The Rudna Mine is located in Lower Silesia, to the north of the town of Polkowice. It mines the copper deposit in the Rudna mining area as well as in parts of the mining areas of Sieroszowice, Lubin-Małomice and Głogów Głęboki-Przemysłowy (Deep Głogów). The copper orebody in the currently mined deposit ranges from 844 meters to 1,250 meters. The current average production capacity is approx. 12 million tonnes of ore per year.
Location | Lower Silesia, Poland |
Ownership | KGHM Polska Miedź S.A. Division |
Type of mine | underground |
Main ore type | copper ore |
Associated minerals | silver, lead, gold |
Type of orebody | stratiform |
End product | copper ore |
Copper in extracted ore in 2022 | 174.6 kt |
The Lubin mine is located in Lower Silesia, Poland, to the north-west of the town of Lubin. It mines the copper deposit in the mining area Lubin-Małomice at a depth from 550 meters to 1006 meters. The mine’s current production capacity is around 8.6 million tonnes of ore per year.
Location | Lower Silesia, Poland |
Ownership | KGHM Polska Miedź S.A. Division |
Type of mine | underground |
Main ore type | copper ore |
Associated minerals | silver, lead, gold |
Type of orebody | stratiform |
End product | copper ore |
Copper in extracted ore in 2022 | 71.3 kt |
This complex of metallurgical plants located in Głogów comprises two copper concentrate smelting lines based on the one-stage smelting of concentrate in a flash furnace directly into blister copper. Apart from electrolytic copper, the Głogów Copper Smelter and Refinery Division produces crude lead (approx. 30 thousand tonnes annually), silver (approx. 1,400 tonnes), gold (approx. 2 tonnes) and sulphuric acid (over 550 thousand tonnes).
Location | Lower Silesia, Poland |
Ownership | KGHM Polska Miedź S.A. Division |
Type of metallurgical plant | smelter/refinery |
End product | electrolytic copper |
Electrolytic copper production in 2022 | 463.5 kt |
The copper smelter and refinery located in Legnica has a current production capacity of 123 thousand tonnes of electrolytic copper. In operation since the 1950s using the shaft furnace technology. Apart from electrolytic copper, the smelter also produces refined lead (approx. 30 thousand tonnes per annum), sulphuric acid (approx. 100 thousand tonnes), copper sulphate and nickel sulphate.
Location | Lower Silesia, Poland |
Ownership | KGHM Polska Miedź S.A. Division |
Type of metallurgical plant | smelter/refinery |
End product | electrolytic copper |
Electrolytic copper production in 2022 | 122.5 kt |
Production at the Cedynia Wire Rod Plant located in the vicinity of Orsk is based on the use of copper cathodes from the Głogów Copper Smelter and Refinery and the Legnica Copper Smelter and Refinery. The basic product of the Cedynia Wire Rod Plant is copper wire rod produced in a Contirod line amounting to approx. 265 thousand tonnes annually and approx. 18 thousand tonnes annually of oxygen-free copper wire rod produced in an UPCAST line, including oxygen-free, silver-bearing copper wire rod.
Location | Lower Silesia, Poland |
Ownership | KGHM Polska Miedź S.A. Division |
Type of metallurgical plant | processing |
End product | copper wire rod and Cu-OFE rod |
Production in 2022 | 260.9 kt of copper wire rod and 17.0 kt of oxygen-free copper rod |
The United States
The mine is located in White Pine county, Nevada, USA, around 11 km west of Ely (approx. 400 km north of Las Vegas), in the Egan range, at an average altitude of 2,130 meters a.s.l., near highway no. 50. The mine comprises 3 large pits: Liberty, Tripp-Veteran and Ruth, which are currently in operation. The sulphide ore mined by conventional methods is then enriched by flotation. The final product is a copper-gold concentrate and, separately, a molybdenum concentrate.
Location | Nevada, USA |
Ownership | 100% KGHM INTERNATIONAL LTD. |
Type of mine | open pit |
Main ore type | copper ore |
Associated minerals | gold and molybdenum |
Type of orebody | porphyry/skarn |
End product | copper and gold concentrate, molybdenum concentrate |
Payable copper production in 2022 | 46.8 kt |
Mine life | 14 years |
The Carlota mine is located in the Western part of the Miami-Globe mining region, in the state of Arizona at an altitude of 1,300 meters a.s.l. Mine copper ore is extracted by conventional methods typical for open-pit metals mines, i.e. the ore is mined by blasting and then transported by haulage trucks. Due to the nature of the oxide ore, it is processed using the heap leach, solvent-extraction and electrowinning method. The end product is electrolytic copper in the form of cathodes.
Location | Arizona, USA |
Ownership | 100% KGHM INTERNATIONAL LTD. |
Type of mine | open pit |
Main ore type | copper ore |
Type of orebody | porphyry |
End product | copper cathodes |
Payable copper production in 2022 | 4.1 kt |
Mine life | 2 years |
As at 31 December 2022, the company’s assets and related liabilities are not recognized as held for sale.
Canada
The Sudbury Basin is located in central Ontario in Canada, approx. 400 km north of Toronto. In this region KGHM INTERNATIONAL LTD. owns a variety of assets; however, since April 2019, mining has only been conducted in the underground McCreedy West mine. All of the ore extracted from the mine, containing copper, nickel and precious metals, is processed in the Clarabelle plant in Sudbury, owned by Vale.
Location | Sudbury, Ontario, Canada |
Ownership | 100% KGHM INTERNATIONAL LTD. |
Type of mine | underground |
Main ore type | copper ore, nickel, platinum, palladium and gold |
Type of orebody | footwall/contact Ni |
End product | copper and nickel ore with precious metals |
Payable copper production in 2022 | 2.5 kt |
Mine life | 5 years |
This project is located in the Canadian province of Ontario, approx. 35 km west of the town of Sudbury. In 2002 rights were acquired to the Victoria mineral deposit and a campaign of exploration in this region commenced. The current development scenario for the project calls for the sinking of 2 shafts to access the deposit (a production shaft and a ventilation shaft). Based on analytical work performed in 2017, the base scenario assumes the Victoria project will be developed in two stages, comprised of the sinking of a first shaft along with additional exploration, followed by sinking of the production shaft.
In 2022, work continued at the project site to prepare selected elements of surface infrastructure for further development. Among other things, the construction of the shaft tower of one of the shafts has been completed, there has been significant progress in the construction of the foundations of the hoisting machinery building, the construction of the water treatment station has been completed, and work on the mine water reservoir is underway. Engineering work related to the construction of the production shaft also continued, as did activities related to maintaining good relations and cooperation with key Project stakeholders.
Location | Sudbury Basin, Ontario, Canada |
Ownership | 100% KGHM INTERNATIONAL LTD. |
Type of mine | underground |
Main ore type | copper-nickel ore |
Associated metals | gold, platinum and palladium |
End product | copper ore, nickel and precious metals |
Forecast annual production | 16 kt Ni, 18 kt Cu |
Mine life | 14 years |
The Ajax project is located in British Columbia, Canada, 400 km north-east of Vancouver near the town of Kamloops. The project assumes the construction of an open-pit copper and gold mine and an ore enrichment plant, with associated infrastructure. By 2016 the project’s Feasibility Study was prepared setting out the initial economic parameters of the project. Since the EA Certificate has not been granted, in 2022 the work focused mainly on monitoring and securing the project site in accordance with regulatory requirements.
Location | Kamloops, British Columbia, Canada |
Ownership | KGHM INTERNATIONAL LTD. 80%; Abacus Mining and Exploration Inc. 20% |
Type of mine | open pit |
Main ore type | copper ore |
Associated metals | precious metals (gold and silver) |
End product | copper concentrate |
Forecast annual production | 53 kt Cu, 114 thousand ounces Au |
Mine life | 19 years |
Chile
The Sierra Gorda mine is located in the Atacama desert, in the Sierra Gorda administrative area in the Antofagasta region. It began commercial production in July 2015. The ore is extracted using explosives, and next is loaded and hauled away in trucks to the processing plant, where it is crushed and milled. The end product of Sierra Gorda’s processing plant is copper concentrate and molybdenum concentrate.
Location | Region II, Chile |
Ownership* | 55% KGHM INTERNATIONAL LTD, 45% South32 |
Type of mine | open pit |
Main ore type | copper ore |
Associated metals | molybdenum, gold |
Mine life | 26 years for the current deposit based on phase I of the project, along with the elimination of bottlenecks. Moreover, there is a possibility to extend the mine’s life using new deposits |
End product | Copper concentrate, molybdenum concentrate |
Payable production in 2022 | 165.1 thousand tonnes of copper in concentrate, 5.3 million pounds of molybdenum in concentrate on a 100% basis, share of KGHM Polska Miedź S.A. is 55% |
Mine life | 26 years |
On 26 April 2022, KGHM INTERNATIONAL LTD. subsidiaries Franke Holdings Ltd. and Centenario Holdings Ltd. signed an agreement to sell 100% of the shares of Sociedad Contractual Minera Franke, which owns the Franke mine in Chile, to Minera Las Cenizas S.A. for a negotiated initial purchase price of USD 25 million.
Other assets
(equity investments and their financing)
In terms of assuring the operations of the core business of KGHM Polska Miedź S.A. the domestic companies operating mainly on its behalf are significant, including among others:
- a supplier and service provider for mining machinery, it also provides production maintenance services in selected areas and participates in investment tasks;
- a supplier of copper scrap;
- this company secures part of the energy needs of KGHM Polska Miedź S.A.;
- the main logistics company in the Group.
Moreover, amongst the international companies is a group operating under the DMC Mining Services brand: DMC Mining Services Ltd., FNX Mining Company Inc. (a branch of DMC), Raise Boring Mining Services S.A. de C.V. (from 11 February 2022 operating under the changed name DMC Mining Services Mexico, S.A. de C.V.), DMC Mining Services Corporation, DMC Mining Services Colombia S.A.S., DMC Mining Services (UK) Ltd. and DMC Mining Services Chile SpA, which provide services in shaft sinking, preparatory work, construction of above-ground and underground mine facilities, mine drilling, tunnel drilling for general construction purposes and engineering services.