KGHM Polska Miedź S.A. has initiated plans to construct three new mine shafts in the Copper Basin, with geological and hydrogeological exploration set to begin in July-August this year. The projects, named GG-2 ‘Odra’, Retków, and Gaworzyce, are expected to be completed by 2027 at an estimated cost of at least PLN 9 billion. These developments mark a significant step in KGHM’s long-term growth strategy.
The initial phase involves PeBeKa S.A. and Cuprum sp. z o.o., both part of the KGHM Group, undertaking the exploration work for future construction of shafts for the Rudna and Polkowice-Sieroszowice Mines.
“As previously announced, we have decided to start preparatory work for the projects involving the construction of three new shafts,” said Andrzej Szydło, President of the Management Board of KGHM Polska Miedź S.A. “These are essential investments that are of strategic importance for the future of KGHM and the Copper Basin.”
He further noted that recent changes to the copper tax formula have supported these investments which will allow continued mining operations on existing deposits. He emphasized their importance amid today’s geopolitical climate where raw materials like copper hold significant business and public security value.
Zbigniew Bryja, Vice President for Development at KGHM Polska Miedź S.A., described this as a milestone for both Rudna and Polkowice-Sieroszowice Mines: “The efficient completion of this stage will enable us to precisely determine the geological conditions…and thus select optimum technology.” This will impact project timing and financing needs.
Piotr Stryczek, Vice President for Corporate Affairs at KGHM Polska Miedź S.A., highlighted their priority on involving experienced entities within complex mining projects: “Cooperation with companies…which have highly qualified staff will allow project work to be carried out efficiently.”
Currently operating 28 mine shafts across Poland, KGHM plans to use Retków and GG-2 ‘Odra’ as material and transport shafts while Gaworzyce will serve as a ventilation shaft. They also continue work on GG-1 shaft installations.
