Canadian Mining Journal


Inmet Mining Corporation


  • News

    TAKEOVER: First Quantum swallows Inmet

    April 2, 2013 by Canadian Mining Journal Editor

    VANCOUVER – First Quantum Minerals says it has successfully taken over Inmet Mining Corp. with 92.74% of the outstanding Inmet shares tendered to First Quantum. More than 65.2 million Inmet shares are now in First Quantum’s portfolio.

  • News

    First Quantum’s annual profit hit by lower copper prices

    March 7, 2013 by Canadian Mining Journal Editor

    VANCOUVER — Despite a 16% year-on-year jump in copper production Vancouver-based First Quantum Minerals told a familiar story during an annual report on its 2012 fiscal year: falling average realized copper prices and rising operating…

  • News

    COPPER: Inmet, Petaquilla reach commercial agreement

    February 25, 2013 by Canadian Mining Journal Editor

    PANAMA – Inmet Mining Corp. of Toronto and Petaquilla Minerals of Vancouver have reached a commercial agreement covering their adjacent copper projects. The deal relates to aggregate procurement, land access and use, settlement of certain…

  • News

    Inmet boosts copper reserves as First Quantum bid looms

    February 20, 2013 by Canadian Mining Journal Editor

    VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining continued to increase its value via a global resource update on Feb. 11, which was highlighted by a 22% jump in proven and probable copper reserves.

  • News

    MERGER: Inmet board rejects First Quantum offer

    January 22, 2013 by Canadian Mining Journal Editor

    TORONTO – The directors of Inmet Mining Corp. have advised their shareholders to reject the unsolicited offer made by First Quantum Minerals of Vancouver. Inmet chairman David R. Beatty said, “…the offer fails to adequately…

  • News

    BASE METALS: Inmet reaches high end of 2012 guidance

    January 15, 2013 by Canadian Mining Journal Editor

    TORONTO – Jochen Tilk, president and CEO of Inmet Mining is pleased that the company has met the upper end of its 2012 production guidance. A total of 111,700 tonnes of copper and 66,300 tonnes of zinc were recorded at Inmet’s three mines…

  • News

    TAKEOVER: First Quantum doubles bid for Inmet

    December 17, 2012 by Canadian Mining Journal Editor

    VANCOUVER – Not one to give up easily, First Quantum Minerals has made a hostile offer for Inmet Mining of Toronto – an offer double what it offered at the end of November. First Quantum’s initial offer was $70 per Inmet share, or a…

  • News

    COMMENT: Barrick tops list of sustainable Canadian miners

    December 3, 2012 by Canadian Mining Journal Editor

    Corporate Knights, a specialized media and investment research company based in Toronto, has released its first Canadian mining sustainability ranking. The researchers measured the performance of 52 Canadian miners against 12 sustainability…

  • News

    GIFT: Inmet gives $1M support to Schulich mining MBA program

    December 3, 2012 by Canadian Mining Journal Editor

    TORONTO – Inmet Mining Corp. has made a $1-million gift to the Schulich School of Business at York University to support Schulich’s new MBA specialization in global mining manager. The gift will be fulfilled by four payments of $250,000…

  • News

    Inmet rejects First Quantum’s takeover bid

    November 29, 2012 by Canadian Mining Journal Editor

    Shares of Inmet Mining got a sudden boost in late day trading as it made two separate announcements, indicating it has turned down a takeover bid from First Quantum Minerals and has adopted a shareholder rights plan to provide it more time to…

  • News

    MINERAL PROCESSING: Inmet awards Cobre Panama contract to SNC-Lavalin

    November 14, 2012 by Canadian Mining Journal Editor

    PANAMA – Inmet Mining of Toronto has selected Joint Venture Panama Inc. to do the detailed engineering, procurement and construction of the mineral processing plant at its Cobre Panama copper project. The joint venture is led by…

  • News

    CORPORATE GIVING: Inmet partners with Princess Margaret Cancer Foundation

    October 31, 2012 by Canadian Mining Journal Editor

    TORONTO – Inmet Mining Corp. is making a gift of $1 million over four years to support the molecular profiling program at the Princess Margaret Cancer Centre. The program, led by Dr. Lillian Siu and her team, identifies characteristics of…