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KGHM Considers Toronto Listing for Unit, Parkiet Reports

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.

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