In the fourth quarter of 2017, the copper market saw prices grow by double digits compared to the previous-year period, a much-welcomed market development for copper miners worldwide.
Poland-based KGHM Polska Miedź Group, one of the world’s largest copper producers, however, reported a consolidated fourth-quarter net loss of PLN 134 million. This was an improvement from the loss of nearly PLN 5.1 billion in the fourth quarter of 2016, but the company failed to meet expectations.
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