Investment bars made by KGHM Polska Miedź S.A. are now available for individual buyers through selected mints. Until recently, the company’s gold and silver products were only sold to large business clients.
KGHM, recognized as the world’s second-largest producer of silver with an annual output between 1,200 and 1,400 tonnes, also produces more than 2 tonnes of gold per year. The company has expanded its portfolio to include six new types of investment bars in weights ranging from 1 ounce (about 31.1 grams) to 1 kilogram.
The gold and silver bars are produced at the Precious Metals Plant of the Głogów Copper Smelter and Refinery. Gold is refined using hydrometallurgical processing from slimes generated during silver electrorefining, while silver is obtained through pyrometallurgical processing of anode slimes from electrolytic copper refining. The copper used in these processes comes from copper concentrates sourced from mined ores.
The Głogów Copper Smelter and Refinery operates under an Integrated Management System that meets ISO 9001, ISO 14001, ISO 45001, and ISO 50001 standards. It holds Good Delivery accreditation from the London Bullion Market Association (LBMA) for silver and has earned the Copper Mark certificate.
Gold is known for its historical role as a store of value during uncertain times. Silver is widely used across industries due to its properties such as electrical conductivity, which makes it important in sectors like energy transition. This trend may lead to increased demand for silver in the future.
KGHM does not sell gold and silver bars directly; instead, they can be purchased through reputable entities listed on the company’s website: Precious metals | KGHM Corporate website.
“KGHM is the world’s second-largest producer of silver, with an annual output of around 1,200 to 1,400 tonnes of this precious metal. Its gold production, on the other hand, exceeds 2 tonnes per year. To date, KGHM has only offered gold bars and silver ingots in larger weights. They were therefore mainly purchased by business 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 and 1,000 g.”
“Gold and silver bars are produced at the Precious Metals Plant of the Głogów Copper Smelter and Refinery.”
“Gold with a minimum 99.99% purity is obtained by hydrometallurgical processing of slimes from the silver electrorefining process. Silver with a minimum 99.99% purity is obtained by pyrometallurgical processing of so-called anode slimes, originating from electrolytic copper refining processes. The latter metal is in turn produced from copper concentrates obtained from copper ores.”
“The Głogów Copper Smelter and Refinery is certified to operate on the basis of an Integrated Management System in the production of gold and silver. It complies comprehensively with the requirements of ISO 9001, ISO 14001, ISO 45001 and ISO 50001. The Głogów Copper Smelter and Refinery holds Good Delivery accreditation from the LBMA (London Bullion Market Association) for silver, as well as the prestigious Copper Mark certificate.”
“Gold has a long-standing reputation as an asset that protects the value of money in times of uncertainty. Due to its properties, silver is an irreplaceable raw material in many industries, as well as in jewellery and medicine. Due to its excellent electrical conductivity, it is crucial in the energy transition and, as a result, the demand for this metal is expected to increase. Gold and silver are the most popular precious metals of choice for investors around the world.”
“KGHM does not sell gold and silver bars directly – these are available from reputable entities. The list is available on the Company’s website: Precious metals | KGHM Corporate website.”
