Inmet completes basic engineering for Cobre Panama

Inmet Mining, the TSX-listed company developing the $6.2-billion Cobre Panama copper/gold/molybdenum project, on Monday said it had completed basic engineering and launched a financing plan to fully fund its 80% share of development costs. Minera...

Inmet says 2012 zinc output to fall

Canadian base metals producer Inmet Mining produced 84 800 t of copper and 80 400 t of zinc in 2011, slightly below what it had expected, the company said after markets closed on Monday. The Toronto-based firm, which owns shares in base-metals...

LS-Nikko will hold Panama project stake at 20% - Inmet

Korea's LS-Nikko has opted to take a 20% stake in Inmet Mining's Cobre Panama copper project, leaving the Canadian firm with the other 80%, Inmet said on Monday. LS-Nikko and Inmet signed an agreement in October that gave the Korean company an...