KGHM's Chilean mining project cost may exceed $4 bln

jueves 15 de mayo de 2014 09:02 GYT

WARSAW May 15 (Reuters) - Copper producer KGHM's Sierra Gorda mine project in Chile may exceed $4 billion in cost, compared to the previously anticipated $3.9 billion, Chief Financial Officer Jaroslaw Romanowski said on Thursday.

Sierra Gorda, one of the world's largest copper projects, is due to begin production by mid-2014.

"The general cost of the project may exceed 4 billion dollars. "We will publish its final valuation once it's finished," Romanowski told reporters. (Reporting by Adrian Krajewski; Writing by Marcin Goclowski; Editing by Christian Lowe)