Analysts' skeptical over KGMH's Congo investment plans

"Our Congo partners confirmed our right to exploit the deposits in Kimpe and to process the ore," said KGHM spokesman Dariusz Wyborski. The estimated cost of the ore processing installation is between $8-9 million. "After analyzing the Kimpe project a few well-know companies decided that we should return to the Congo," explained Wyborski. Analysts however express guarded opinions about the chances of KGHM returning to the Congo, bearing in mind past scandals concerning this project. "The prosecutor is no longer analyzing any issue regarding KGHM's investment in the Congo," said Wyborski. "Anyway, if it was such a profitable investment then KGHM would already be in Africa," said Sebastian Słomka, an analyst with BDM PKO BP. (Puls Biznesu, pp. 1, 7) M.M.