General information
Silver and gold have always had a permanent value.
Due to its unique properties, silver is widely used both in industry and for investments. It is applied in jewellery, numismatics, electronics, photography, medicine and production of cutlery.
As far as gold is concerned, as much as 90% of world production is treated as investment and jewellery gold, and only 10% is applied in industries.
Production
KGHM is the world the biggest producer in metallic silver. The company produces around 1200 tonnes of this precious metal a year. Cathode silver, with more than 99.99 Ag content (so called, four nines), is produced in the form of bars (gąska) weighing 1000 of troy ounce (32,15 kg) and granules.
The silver in the form of bars is registered under the KGHM HG Brand and has the certificate of being listed at COMEX, New York Mercantile Exchange as well as the “Good Delivery” certificate issued by the London Bullion Market Association.
Silver is supplied in the form of granules to plants producing materials for jewellery and metal works producing Ag-containing alloys. Silver in the form of ingots (bars) goes mainly to financial institutions.
99,95% Au pure gold is recovered from gold-bearing slime obtained during the process of electrolytic silver refining and sold in the form of bars.
The "Głogów" Copper Smelter holds certificates of compliance with the Integrated Management System as regards its production of round billets and granules from electrolytic silver and its gold production. The company fully implements the guidelines laid down in ISO 9001, ISO 14001, ISO 45001oraz ISO 50001.
New products in KGHM's portfolio: silver and gold investment bars for retail customers
KGHM Polska Miedź S.A. is currently expanding its range of products, with six new types of bars available in weights of:
- 1 oz (approximately 31.1 g)
- 50 g
- 100 g
- 250 g
- 500 g
- 1,000 g.
KGHM does not sell gold and silver bars directly - these are available from reputable entities:
- Mennica Polska
- Mennica Skarbowa