TORONTO – Inmet Mining has made a contribution of $1 million to Right To Play’s sustainable programs. The donation, payable over four years, makes Inmet Right To Play’s newest national corporate partner.
Right To Play is a global organization that uses the transformative power of play to educate and empower children facing adversity. Part of the gift will be used to introduce Right To Play programming into Panama for the first time. Through comprehensive training workshops, Right To Play will begin working with Inmet's subsidiary Minera Panama, its employees and their community stakeholders to implement sport and play based activities to complement and enhance the company's existing development programs.
Inmet owns 80% of the Cobra Panama copper-gold-molybdenum development project only 20 km from the Caribbean Sea. The deposit has proven and probable reserves of 2.3 billion tonnes grading 0.40% Cu, 0.07 g/t Au and 0.007% Mo. Annual production will be 290,000 tonnes of copper, 106,000 oz of gold and 3,100 tonnes of moly. The potential mine life is more than 30 years.
Further information about the project is posted at InmetMining.com.