TORONTO, ONTARIO — (Marketwire) — 01/12/13 — Inmet Mining Corporation ("Inmet") (TSX: IMN) today provided the following comment with respect to First Quantum-s press release, issued earlier today, and the corresponding letter addressed to David R. Beatty, O.B.E., Chairman of the Inmet Board of Directors.Mr. Beatty said, "The Inmet Board of Directors is well aware of its duties and responsibilities with respect to the First Quantum offer. We note that, while First Quantum says
TORONTO, CANADA — (Marketwire) — 01/09/13 — Inmet Mining Corporation ("Inmet") (TSX: IMN) notes that First Quantum Minerals Ltd. ("First Quantum") has commenced an unsolicited offer to acquire all of the Company-s issued and outstanding common shares for consideration of $72.00 per Inmet share in cash and First Quantum shares.David R. Beatty, O.B.E., Chairman of the Board of Inmet, said, "The Inmet Board will carefully evaluate the terms of First Quantum-s unsolicit
TORONTO, CANADA — (Marketwire) — 12/28/12 — Inmet Mining Corporation ("Inmet") (TSX: IMN) is pleased to announce that its subsidiary, Minera Panama S.A. (MPSA) has awarded the Cobre Panama mine pre-stripping contract to a joint venture of Salini S.p.A. and Impregilo S.p.A. The scope of work includes the pre-stripping of the Botija pit including the development of a rock quarry within the pit, development and maintenance of waste dumps, sediment control structures, haul routes and
TORONTO, CANADA — (Marketwire) — 12/18/12 — Inmet Mining Corporation (TSX: IMN) (Inmet) today announced the closing of its previously announced offering of US $500 million aggregate principal amount of 7.5 percent senior unsecured notes maturing June 2021 (the "Notes"). Inmet intends to use the net proceeds to fund the development and the potential expansion of Cobre Panama and for general corporate purposes.The offer and sale of the Notes is not registered under the United States
TORONTO, CANADA — (Marketwire) — 12/17/12 — Inmet Mining Corporation (Inmet) (TSX: IMN) responds to a news release issued yesterday by First Quantum Minerals Ltd. announcing its intention to make an unsolicited takeover offer for Inmet. The offer has not yet been received by Inmet and Inmet shareholders are advised to take no action at this time. The Board of Directors of Inmet, in accordance with its fiduciary duties and with counsel from its financial and legal advisers, will fulfill its
Mine Life Extends to 40 Years with 26 Billion Pounds Contained Copper
TORONTO, CANADA — (Marketwire) — 12/13/12 — Inmet Mining Corporation (TSX: IMN) ("Inmet") today announced that it has priced its previously announced offering of US $500,000,000 senior unsecured notes maturing June 2021 (the "Notes"). The Notes were priced at 100 percent of the aggregate principal amount, providing the company with gross proceeds of US $500,000,000 and will yield 7.5 percent to maturity. The offering is expected to close on or about December 18, 2012. In
TORONTO, CANADA — (Marketwire) — 12/12/12 — Inmet Mining Corporation (TSX: IMN) ("Inmet") today announces that it intends to offer US $500,000,000 of senior unsecured notes maturing June 2021 (the "Notes"). The interest rate will be determined based on prevailing market conditions, and other terms and covenants are expected to be substantially similar to Inmet-s existing high yield notes. Inmet intends to use the net proceeds of the Notes to fund the development and pote
TORONTO, CANADA — (Marketwire) — 11/30/12 — Inmet Mining Corporation (TSX: IMN) announced today that it has been notified by the Toronto Stock Exchange (the "TSX") that the TSX has, in accordance with its rules, deferred its consideration of the acceptance of Inmet-s recently announced shareholder rights plan. The deferral does not affect the operation of the shareholder rights plan, which remains effective in accordance with its terms.TSX deferral is typical in situations in whic
TORONTO, CANADA — (Marketwire) — 11/28/12 — Inmet Mining Corporation (TSX: IMN) announced today its Board of Directors has approved the adoption of a Shareholder Rights Plan ("Rights Plan"). The Rights Plan is not intended to prevent take-over bids. Rather, it is intended in the event of an unsolicited take-over bid to provide Inmet-s Board of Directors and shareholders adequate time to consider and evaluate any such take-over bid and, if appropriate, seek alternatives to maximize
