REKLAMA

KGHM's fortunes begin to improve

2008-10-29 00:00
publikacja
2008-10-29 00:00
The company's management is also planning to search for ore deposits abroad. "We are looking for nuggets, that are very rich deposits. These can be found in Laos. We are currently in talks with their Mining Ministry concerning the acquisition of an exploratory concession in that country," said KGHM's deputy president for mining, Herbert Wirth.

Moreover, it was revealed that KGHM is planning  to acquire part of rich deposits in Chile and Peru. KGHM's expansion in China is on course as the firm  confirmed that it is cooperating with Minmetals Corporation of China related to exploration and exploitation of deposits in Mongolia, in accordance with an agreement signed between the two corporations last year.

Sources: Puls Biznesu, Parkiet (A.K.)

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