Inmet Mining Merges with Lundin
The owner of copper mining project Panama Cobre (Minera Panama SA), Inmet Mining Corp., merged with Lundin Mining Corp.
Thursday, January 13, 2011
The new company will be called Symterra and will focus on the exploitation of copper, having potential production of 500.000 tons of copper a year.
Inmet Mining, owner of the copper mining project "Panama Cobre" plans to complete construction in 2014.
"Minera Panama", a subsidiary of Canadian corporation Inmet Mining, presented its cooper mining project to the technical council of the province of Colón.
Inmet Mining Corp, owner of the copper mining project “Panama Cobre” (Minera Panama S.A.), canceled its merger plans with Lundin.
Korean company LS-Nikko could invest up to $260 million in copper mining project "Cobre Panama".
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