TSX: IMN       Inmet Mng Corp
Last Price Today's Change   Day's Range   Trading Volume
0.00   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):0
Average Price Target: 68.00
Price Target Upside/Downside: +68.00


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Business Background

Inmet Mining Corporation is a global mining company that produces base metals with a focus on copper. At December 31, 2011, the Company had three operating properties and one development property worldwide. Cayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode. Pyhasalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia, as well as in the spot market. Cobre Panama is an open pit copper development project in Panama. On January 29, 2011, the Company sold its 18% interest in Ok Tedi.

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