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Mining
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Leading Mining Firms Apply for State Subsidies
Polish News Bulletin Daily
State-controlled mining companies have submitted motions for budget subsidies for their investment projects to the Economy Ministry. Kompania Węglowa (KW) and Katowicki Holding Węglowy (KHW) are app...
Monday, 06 September 2010
KGHM May Boost 2010 Profit Forecast
Polish News Bulletin Daily
High copper prices and the U.S. dollar-to-zloty exchange rate may encourage KGHM Polska Miedź to raise this year's profit forecast. The company earlier estimated that the average copper price would.....
Friday, 03 September 2010
Referendum at KW, Strike May Start Soon
Polish News Bulletin Daily
"Rzeczpospolita" reports that the management of Kompania Węglowa (KW) has invented an excuse for shutting down the Halemba-Wirek mine. If the company chooses this path, some of the workers could...
Friday, 03 September 2010
Will Miners Go on Strike in Silesia?
Polish News Bulletin Daily
On Thursday 61,500 miners employed in 15 Kompania Węglowa (KW)'s mines will vote on whether they want to go on strike. The official results are due on Friday, however, as...
Thursday, 02 September 2010
Kopex Expects Improvement in H2
Polish News Bulletin Daily
According to a report published by Kopex mining machine manufacturer, in H1 the company saw its consolidated net gains fall from ZŁ51.68m to ZŁ20.82m year-on-year, with operating profit decreasing f...
Thursday, 02 September 2010
DSS Optimistic about Future Despite Growing Losses
Polish News Bulletin Daily
In H1, Dolnośląskie Surowce Skalne (DSS) aggregate provider incurred a net loss of ZŁ11.1m, as compared to the ZŁ4.18m loss produced in the respective period of 2009. Operating loss increased...
Thursday, 02 September 2010
Good H1 for Bogdanka
Polish News Bulletin Daily
In H1, the consolidated earnings of Bogdanka mining group amounted to ZŁ106.21m, as compared to ZŁ83.41m in the respective period of 2009. Operating gains rose from ZŁ104.55m to ZŁ126.64m, with...
Wednesday, 01 September 2010
KW Unions Encourage Miners To Take Part In Strike Referendum
Polish News Bulletin Daily
The Kompania Węglowa (KW) management says it believes in the trade unions' best intentions and their care for the company. The management expressed hope the miners will help the coal...
Wednesday, 01 September 2010
KHW May Debut on Warsaw Bourse in Second Half of 2011
Polish News Bulletin Daily
Katowicki Holding Weglowy (KHW) may list its shares on the Warsaw Stock Exchange in the second half of next year if the market situation and the first half earnings allow...
Tuesday, 31 August 2010
KW Rejects Union Draft Agreement
Polish News Bulletin Daily
Last week Kompania Węglowa (KW) management rejected the trade union draft agreement concerning employment, pay and organisation of the company. The coal mine authorities presented its own draft, whic...
Tuesday, 31 August 2010
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