Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

KGHM to Update 2010 Earnings Forecast by October, Parkiet Says

KGHM Polska Miedz SA, Poland’s only copper producer, will publish an updated forecast of 2010 earnings in September or October, Chief Executive Officer Herbert Wirth told Parkiet.

He said on June 17 that the company may upgrade 2010 forecasts because of the zloty’s weakness.

He also said KGHM seeks to complete the purchase of another, “slightly bigger,” copper deposit in Canada as early as this year after buying in May the Afton Ajax deposit, which yields 50,000 tons a year. Wirth said talks on the price haven’t yet started.

Separately, Wirth said Polkomtel SA shareholders, including KGHM with a 24.4 percent stake, are still working on due-diligence scrutiny before offering Poland’s biggest wireless company to potential investors, Parkiet reported.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.