New products in KGHM's portfolio: silver and gold investment bars
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.
Top quality, sustainable production
Gold and silver bars are produced at the Precious Metals Division of the Głogów Copper Smelter.
Gold with a minimum 99.99% Au content is obtained by hydrometallurgical processing of sludges from the silver electrorefining process. Silver with a minimum content of 99.99% Ag is obtained by pyrometallurgical processing of so-called anode slimes, originating from electrolytic copper refining processes. The latter metal is in turn produced from Cu concentrates obtained from copper ores.
KGHM bars with Good Delivery LBMA certification and accreditation
The Głogów Copper Smelter 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 holds Good Delivery accreditation from the LBMA (London Bullion Market Association) for silver, as well as the prestigious Copper Mark certificate.
The reputation of gold and silver
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.
Sales from reputable entities
KGHM does not sell gold and silver bars directly - these are available from reputable entities.