KGHM plans to spend $2bn on takeovers from now to 2014 - 0 views
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Europe's second largest copper miner KGHM KGHM.WA has earmarked 6 billion zlotys ($2 billion) for takeovers until 2014, chief executive Herbert Wirth said on Wednesday. KGHM, which announced a joint-venture with Abacus Mining and Exploration (AME.V) worth $37 million on Tuesday, was eyeing more projects in Canada. "We are preparing more projects. We are deeply interested in Canada," Wirth told a news conference.
