KGHM to plough $1.3 billion into Canada mine
PR dla Zagranicy
Poland's state-run copper giant KGHM expects to plough $1.3 billion in capital expenditure into building a copper, gold and silver mine in Canada.
The figure is an initial estimate. KGHM, which is Europe's second-biggest copper producer, expects annual copper production in the project to reach 58,000 tonnes and gold production to hit 125,000 ounces.
Construction of the mine will take two-and-a-half years. It will be built near the town of Kamloops in British Columbia. (pk)