KGHM Polska Miedz S.A. Reports Operating Results for the Month and Year to Date Ended September 2023
October 23, 2023 at 10:32 am
KGHM Polska Miedz S.A. reported operating results for the month and year to date ended September 2023. The company recorded a 1% year-on-year decrease in copper sales to 60,900 tons in September, while production of payable copper decreased from 59,500 tons to 59,400 tons a year earlier. Production of payable silver amounted to 126.5 tons in September (20% higher year-on-year). Silver sales at the time totalled 104 tons, down 11% year-on-year.
From January to September 2023, the Group's payable copper production amounted to 527,300 tons, compared to 557,500 tons a year ago. Copper sales fell to 531,000 tons from 536,800 tons.