WARSAW, June 23 Polish miner KGHM,
Europe's No.2 copper producer, said its $4 billion Sierra Gorda
mine in Chile will start operating in June as planned and the
international arm of the company will become the main driving
force of the group within five years.
Sierra Gorda is one of the world's largest copper projects.
"That's correct, the end of June is a planned date of
commissioning the mine. Today I can say that it will be met,"
KGHM's Chief Executive Officer Herbert Wirth told Bloomberg
Wirth added that KGHM International, the
state-controlled miner's foreign asset arm, should be listed on
a market, which understands the specifics of commodities.
"In summary, if this would be a small IPO project, then it
should be Toronto. If a larger one, then London," Wirth said in
(Reporting by Marcin Goclowski; Editing by Matt Driskill)