Inmet talking to offtakers to finance Panama copper mine

TSX-listed Inmet Mining has had discussions with a number of potential customers for its Cobre Panama copper project, with a view to signing concentrate offtake agreements in exchange for help with financing the project, CEO Jochen Tilk said on...

LS-Nikko may buy up to 30% of Inmet's Panama project

TSX-listed Inmet Mining has signed an option agreement with Korea's LS-Nikko, which will have the right to buy 20% of Inmet's Cobre Panama (formerly Petaquilla) copper project, the firm announced late on Wednesday. LS-Nikko, through subsidiary...

Inmet mum on outlook for Petaquilla capex

Inmet Mining president and COO Jochen Tilk refused to be drawn on Wednesday on what he expected the final capital expenditure figure for the company's Petaquilla project, in Panama, to look like. Inmet has finalised all the design work for the...

Petaquilla copper/gold project, Panama

The project entails the development of a copper/gold mine with a throughput of 120 000 t/d and a 23-year mine life.

Inmet targets early 2011 construction decision for Petaquilla

Canadian base-metals miner Inmet Mining wants to have wrapped up most of the detailed engineering, permitting and financing for its large Petaquilla copper/gold project, in Panama, by early 2011, at which point it will make a final decision on...

Inmet seeks partner for Petaquilla project

Base-metals miner Inmet Mining has begun to explore selling a stake in the large Petaquilla project, in Panama, to a strategic partner, president and COO Jochen Tilk said on Wednesday. However, the process is “still at a very early stage, and...

Petaquilla Minerals appoints COO

Vancouver-based Petaquilla Minerals has appointed Joao Manuel to the position of COO. Manuel was previously CFO at Petaquilla Copper, which was acquired by Canadian miner Inmet Mining in September.

Inmet makes formal offer for Petaquilla Copper

TSX-listed Inmet Mining has filed a formal offer to buy Petaquilla Copper (PTC) for C$2,00 a share in cash, and has mailed the offer and related documents to PTC shareholders, the firm announced on Monday. The offer will be open for acceptance...

Petaquilla working on new mine plan for Panama project

Vancouver-based Petaquilla Copper (PTC) is developing a new mine plan for its jointly-owned Petaquilla copper project, in Panama, after initial results from a front-end engineering and design study into the project cast doubt on whether...