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Copper mining concessions rescinded

11:12

Environment Minister Maciej Grabowski has rescinded the Bytom Odrzański concession that was granted to Leszno Copper, a company belonging to Miedzi Copper. "I've come to the conclusion that the procedures involved during the issue of the concession had some drawbacks. ... The decision-making procedure must be transparent and guarantee rights to both sides," said Grabowski. He further commented in a Rzeczpospolita interview that the public interest factors influencing the decision were not made known to the concession applicants, which is enough to repeal the granted concessions. The repeal also concerns four other concessions, including one's granted to KGHM Polska Miedź. The Canadian-owned Miedzi Copper is part of Lumina Capital and partly owned by Pan-American Silver, one of the world's largest silver producers.

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