First Quantum’s Inmet Win May Signal More Deals
Copper – First Quantum’s successful campaign to win over Inmet’s shareholders could be a sign that smaller mining companies may be starting to recognize the benefits of being part of a bigger group.
Copper – First Quantum’s successful campaign to win over Inmet’s shareholders could be a sign that smaller mining companies may be starting to recognize the benefits of being part of a bigger group.
Nickel – Inmet Mining Corporation (TSX:IMN), an international nickel mining company, announced that the company’s Board of Directors recommends that shareholders tender shares to First Quantum’s extended offer before 5PM (EST) on April 1, 2013.
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Copper – Inmet Mining Corporation (TSX:IMN) is urging shareholders to reject First Quantum Minerals' offer.
Copper – Inmet Mining (TSX:IMN) announced resource estimates from their Cobre Las Cruces property, including an inferred copper mineral resource which could extend the life of the mine.
Silver – Inmet Mining (TSX:IMN) announced resource estimates for its Cobre Las Cruces property in Spain.
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.
Gold – Inmet Mining Corporation (TSX:IMN) announced increases to gold reserves at their Cobre Panama project.
Copper – Inmet Mining Corporation (TSX:IMN) announced increases to mineral reserves at their Cobre Panama project.
Copper – Inmet Mining Corp. (TSX:IMN) announced that Minera Panama SA, its subsidiary, has awarded mining equipment contracts for the supply of 84 pieces of equipment for its Cobre Panama copper project. The contracts are worth a total of $349 million.
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