KGHM Considers Toronto Listing for Unit, Parkiet Reports

July 14 (Bloomberg) -- KGHM Polska Miedz SA, the copper producer with the biggest European mine output, may list its international operations unit on the Toronto stock exchange in a few years, Chief Executive Officer Herbert Wirth said in an interview with Parkiet.

The unit includes mining projects in Chile and Canada that Lubin, Poland-based KGHM acquired with its March purchase for more than 9 billion zloty ($2.63 billion) of Canada’s Quadra FNX Mining Ltd., the daily cited Wirth as saying. He said the second quarter was “very good,” declining to elaborate, Parkiet reported.

To contact the reporter on this story: Wojciech Moskwa in Warsaw at wmoskwa@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net