Sierra Gorda commercial launch in Q2/Q3

WSE-listed copper and silver giant KGHM expects to launch commercial production at Sierra Gorda mine in Chile at the turn of Q2 and Q3 of 2015, said Jarosław Romanowski, CFO of the company. "We will be able to speak of commercial production when we ascertain the quality of molybdenum delivered," said Romanowski "We think conditions of commercial production will be met at the turn of Q2 and Q3," he added. At end-April, Sierra Gorda achieved 80 percent of its target capacity in terms of copper production.