Inmet Mining Corporation

Inmet boosts copper reserves as First Quantum bid looms

VANCOUVER — As its future hangs in the balance, Canadian base metals producer Inmet Mining (IMN-T) 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…





A drill platform at Inmet's Cobre Panama project. Source: Inmet Mining

First Quantum offers $5.1B in sweetened bid for Inmet

First Quantum Minerals (FM-T, FQM-L) has stepped up its game for Inmet Mining (IMN-T) with a hostile $5.1-billion takeover offer in hopes of winning over Inmet shareholders after failing twice to entice the company’s board in recent…


First Quantum's Kansanshi open pit copper mine. Source: First Quantum

First Quantum adds heft to two Zambian projects

Proving that it isn’t entirely pre-occupied with a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) found the time to deliver some serious tonnage from two of its projects in Zambia.


Market news: Toronto Stock Exchange

Investors remained cautious about the outlook for negotiations to avoid the “fiscal cliff” in the U.S., but a strong earnings season for Canadian banks helped lift the S&P/TSX Composite Index 26.12 points, or 0.21%, to finish at…


Workers at Inmet Mining's Cobre Panama copper project in Panama. Source: Inmet Mining

Inmet rejects First Quantum’s takeover bid

Inmet Mining’s (IMN-T) shares climbed after two announcements on Nov. 28 indicated the miner has turned down a second takeover bid from First Quantum Minerals (FM-T) and adopted a shareholder rights plan to provide more time to…




TSX manages small gain, Nov. 26-30

Investors remained cautious about the outlook for negotiations to avoid the “fiscal cliff” in the United States, but a strong earnings season for Canadian banks helped lift the S&P/TSX Composite Index 26.12 points or 0.21% to…



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