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KGHM Polska Miedź SAKGHM copper with plans to build three new shafts, says state assets minister
Listed copper group KGHM has plans to build three new shafts with a total cost of PLN 3-4 billion (EUR 706.8-942.4 mln) in the next seven to ten years, Poland's minister of state assets Jakub Jaworowski told a press conference.
"KGHM has ambitious development plans, it is about building three new shafts," minister Jaworowski said.
"The cost of construction is PLN 3-4 billion and the timeframe is 7-10 years," he added justifying the reduction of the so-called copper tax.
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