3rd February 2012
Monday, May 21st, 2012
KGHM wants zł.5 billion in financing
Polish copper miner KGHM, whose cash reserves are valued at around zł.11 billion, is currently in talks with banks to secure additional financing of about zł.5 billion.
KGHM's spokesperson Dariusz Wyborski told Bloomberg that the miner had asked a number of financial institutions to send it offers.
KGHM has not revealed the reason behind its attempts to gain additional financing.
From Warsaw Business Journal
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KGHM forecasts lower net profit for 2012
Poland,Canada to cooperate on energy
Sierra Gorda mine looks promising for KGHM
KGHM shows interest in Tauron takeover
KGHM forecasts lower net profit for 2012
KGHM forecasts lower net profit for 2012
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