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Polish copper deposits on borrowed time, says industry leader

PR dla Zagranicy
Nick Hodge 21.09.2012 14:13
Polish copper giant KGHM has released a report indicating that at the rate of current exploitation, the country's copper deposits will run out in thirty to forty years.

photo:
photo: KGHM (press materials)

KGHM's report mainly focuses on Lower Silesia, the principle area that the company is active in in Poland.

Meanwhile, the company has several projects on the go aimed at exploiting previously untapped sources.

Such projects are under way at Radwanice-Gaworzyce, Szynklina-Grodziecka and Szklary, as well as Weisswasser, just behind the Polish-German border.

KGHM Polska Miedz is the largest employer in Lower Silesia and one of the world's leading producers of copper and silver.

Earlier this year, the Polish company purchased Canadian mining company Quadra FNX for 2.91 billion Canadian dollars (9.4 billion zloty).

KGHM is one of Poland's most significant exporters, with materials sold across the globe. (nh)

tags: copper, KGHM
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