Digging deep

The deal concerns the servicing of workings in a fluorite mine in Sardinia in which Kopex has been present for the past 38 years. Kopex is also bidding in several tenders at present. It is likely to receive a contract in Turkey worth approximately $18 (zł.60.6) million and is waiting for Argentine banks to finance a contract in Rio Turbo worth zł.100 million. In view of the expanding activity Kopex is also preparing to take over Famag, a mine machines producer. Last year Kopex generated zł.12.1 million net profit on zł.437 million revenues.