españolInmet Mining and Petaquilla War Goes OnWednesday, September 26, 2012 Panama's government has rejected a request to reject exploration permits and mining operations at the San Juan area. Inmet Mining asked the Department of Mineral Resources of Panama to reject all applications for exploration and exploitation of mineral concessions affecting Minera Panama, a subsidiary of Inmet Mining. This request includes in particular include the San Juan concession, of 11.145 acres, operated by Petaquilla Minerals, a company which Inmet Mining is currently attempting to buy through a hostile bid. Korean Company Buys 20% Of Panamanian Copper MineTuesday, March 16, 2010 LS-Nikko will take a 20% stake in the copper mining project “Cobre Panama”. The remaining 80% will be controlled by Inmet Mining Corporation. It will be located in Coclé del Norte, and will require a $3.5 billion investment. Calibre Mining Adds to Concessions in NicaraguaWednesday, January 12, 2011 Calibre Mining Corp acquired 250 km2 of additional mining concessions in Nicaragua. The new areas, called Asa and Pis Pis, are located in the region known as the Golden Triangle of Nicaragua, with high mineral potential. Inmet Mining Merges with LundinThursday, January 13, 2011 The owner of copper mining project Panama Cobre (Minera Panama SA), Inmet Mining Corp., merged with Lundin Mining Corp. 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 and Lundin Mining Cancel MergerMonday, April 4, 2011 Inmet Mining Corp, owner of the copper mining project “Panama Cobre” (Minera Panama S.A.), canceled its merger plans with Lundin. The companies failed to have the agreement approved by the shareholders of both corporations. "Cobre Panama" Copper Mining Project for 2014Wednesday, October 28, 2009 Inmet Mining, owner of the copper mining project "Panama Cobre" plans to complete construction in 2014. Environmental studies would be ready in the first quarter of 2010, and detailed engineering would begin mid-2010. $500 Million for Panamanian Copper MineFriday, April 23, 2010 Ellington Investments Ltd invested $500 million in mining corporation Inmet. The funds will be used to develop the Inmet’s copper mining project “Cobre Panama”, located in Coclé del Norte. Panama: Inmet finds More CopperWednesday, March 9, 2011 The Canadian mining company announced the discovery of new mineral deposits at the Cobre Panama Mining Project. The deposit, which has the highest concentration of copper to date, is called "Balboa.” Petaquilla Rejects Inmet OfferTuesday, October 30, 2012 The Canadian mining company Petaquilla Minerals Ltd has again rejected a takeover offer of $130 million from Inmet Mining Corp. The offer, 19% higher than Inmet’s offer in September, "still does not match the appropriate value for the Petaquilla shares ", the company said. Inmet Sells 20% of Cobre Panama to Korean Holding CompanyTuesday, January 10, 2012 Inmet Mining Corp. has announced the sale of 20% of its copper mining project in Panama for $155 million. The buyer is Korea Panama Mining Corporation (KPMC), a holding company owned by the South Korean KS-Nikko Copper and the state run South Korean company Korean Resources Corporation. Multi Billion Dollar Bid for Minera PanamaThursday, November 29, 2012 Inmet Mining, which owns the copper mining megaproject in Panama, has rejected a $4.89 billion takeover bid. First Quantum Minerals Ltd, a larger mining company based in Canada, made an unsolicited offer of $4.89 billion, or $70 per share for Inmet Mining, which was rejected by its board, for being "highly conditional" and not in the best interest of its shareholders. Minera Panama Could Extend Term for Mining OperationsFriday, June 3, 2011 The company, a subsidiary of Inmet Mining, has discovered a new highly mineralized deposit in areas under its concession. The operation of the new reservoir would extend the term of operation in the country to beyond 2045. Panama: Korean Mining Company Will Invest in Copper ProjectFriday, October 30, 2009 Korean company LS-Nikko could invest up to $260 million in copper mining project "Cobre Panama". LS-Nikko signed an option agreement with Canadian company Inmet Mining Corp, owner of the project. Under the agreement, LS-Nikko will have the option to acquire between 20% and 30% of the copper mining project "Cobre Panama" (Minera Panama S.A.), depending on how much it invests in it. Inmet Recognizes Failure of Petaquilla PurchaseTuesday, November 6, 2012 The hostile bid by Inmet Mining to acquire the mining company Petaquilla Gold did not have sufficient support from the shareholders of the latter. Inmet reported that the minimum conditions of its offer were not met and therefore it was not able to acquire any Petaquilla shares regarding its $133 million proposal. Panamanian Mining Project is "alive and kicking"Wednesday, April 13, 2011 The support shown by the country's government has given investors confidence and saw the Imnet Mining share price rise. As reported by Mary Trini Zea for Prensa.com, the visit by the president Ricardo Martinelli suggests that the project in Panama's Colón province managed by its subsidiary, Minera Panama is alive and has the government's backing. |
|
Friday, March 31, 2023 - last update: 12:15 pm
|
|
3500
×
![]()
