October 20, 2011 / 12:27 PM / in 6 years

Polish KGHM eyes bid for Canadian mining rival in November

LUBIN, Poland (Reuters) - Poland’s copper miner KGHM KGHM.WA expects to bid for a Canadian mining company at beginning of November, KGHM’s Chief Executive Herbert Wirth told reporters on Thursday.

<p>Herbert Wirth, CEO of KGHM, speaks during the presentation of the company's results at the Warsaw Stock Exchange, August 13, 2010. REUTERS/Kacper Pempel</p>

Wirth added KGHM will finance the takeover with its own cash.

Reporting by Wojciech Zurawski, writng by Patryk Wasilewski

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