Mining giant KGHM planning investment drive
PR dla Zagranicy
John Beauchamp
04.02.2015 09:27
Copper and ore mining giant KGHM has announced that it will spend PLN 3.5 billion on investments in 2015.
PAP
According to the company’s latest strategy, KGHM is expected to invest a total of PLN 27 billion by 2020 (EUR 6.5 billion).
KGHM’s CEO, Herbert Wirth announced recently that 65 percent of the investment sum will be dedicated for projects in Poland, including the development of the Głogów Głęboki deposit, which is thought to hold the country’s largest reserves of copper and silver.
The company, which is the world’s largest silver producer and eighth in terms of copper, is also expected to complete two projects in Chile – at the Sierra Gorda gold and molybdenum mine – and two in Canada. (jb)
Source: IAR