KGHM with $1.242 bln in impairments against foreign assets

WSE-listed silver and copper producer KGHM will write $1.242 billion in impairments including tax impact against foreign assets, including $1.03 billion for its Chilean mining operations in Sierra Gorda, the firm said in a market filing. Besides the Chilean copper mine, the impairments include, company’s three North American mines and result from new lower estimates…

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