KGHM POLSKA MIEDŹ S.A.
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Polish Copper more valuable than Gold – 50 years of KGHM

kalendarium
1961
KGHM – origin*
KGHM – origin*
The history of KGHM starts with Jan Wyżykowski, leader of a team of Polish geologists, who in 1957 discovered the largest single deposit of copper ore in Europe.
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1963-1968
First ore, start of extraction*
First ore, start of extraction*
As a result of the founding in January 1960 of the state enterprise called “Lubin mine under construction”, and subsequently “Copper Mining-Smelting Combine under construction” (Kombinat Górniczo-Hutniczy Miedzi w budowie, abbreviated to KGHM), further government decisions were taken with respect to the development of needed infrastructure for the newly-created Legnica-Głogów Industrial Zone.
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1991
From Copper Mining-Smelting Combine to KGHM Polska Miedź S.A.*
From Copper Mining-Smelting Combine to KGHM Polska Miedź S.A.*
The political and economic changes which Poland experienced after 1989, including the process of transformation to free market principles, required companies to undertake actions aimed at adapting their activities to new realities. The Copper Mining-Smelting Combine was no exception, with the company being forced to undertake immediate restructurisation of its operations to effectively meet the new demands.
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1997
KGHM as a traded company
 KGHM as a traded company
10 July 1997 will always remain an important date in the history of KGHM, for it was on this date that the Company debuted on the Warsaw Stock Exchange. The listing of the shares of KGHM was accompanied by tremendous investor interest, and remains one of the pivotal moments in the history of the Polish capital market.
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2010-2011
Billionth tonne of ore by a global player
Billionth tonne of ore by a global player
The recent history of KGHM is marked by two important dates.
On 17 September 2010 the Company’s possibilities and potential were demonstrated by the processing on this date of the billionth tonne of copper ore by the Ore Enrichment Plants Division of KGHM. The extraction and processing of a billion tonnes of ore is thanks to the successful close cooperation of the Company’s miners and metallurgists.
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