Articles Tagged "Inmet Mining Corp"

First Quantum Minerals Wins $5 Billion Bid for Inmet with Shareholder Support

Copper – Reuters reported that First Quantum Minerals announced that they have been given enough support from shareholders to win their $1.5 million hostile battle for Inmet Mining, which will give them access to one of the largest untapped copper deposits in the world, Cobre Panama

Inmet Mining Owners Face Dilemma as First Quantum Dangles Third Bid

Copper – Sitting on the second-largest undeveloped copper deposit in the world makes Inmet Mining an attractive target — worth $72 per share if First Quantum’s latest bid is to be believed. Now shareholders must carefully consider whether they can get more or if it’s worth paying well above the industry average to develop and operate the mine on their own.