KGHM on the hunt for deep deposits

The investment required to fund such a move may well total around zł.1 billion. However, with copper prices at their highest levels for eight years, largely as a result of a general decline in the amount of copper being extracted, the move seems justified. Other worldwide concerns have already upped their copper production, but global demand has still not been satisfied. KGHM has not yet decided on exactly how many mines it will sink, with each one taking between 5-6 years to complete. In addition to opening new shafts, the company is also looking to purchase new sources abroad. (Parkiet, p.1) A.F.