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. Nicaragua: Calibre Mining Find New Vein in Gold MineTuesday, April 26, 2011 The find is a huge success for the company at one of its mines in north eastern Nicaragua. During the process of defining different mineral zones for its Riscos de Oro project in Nicaragua, in one of the perforations Calibre Mining made it found a vein that will enable it to estimate how much gold and silver the mine could contain. 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. 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. Gold mines in Nicaragua sold for $53 million.Monday, February 2, 2009 B2Gold Corp. made the acquisition from Central Sun Mining, owner of the gold mines in Nicaragua, for $53.7 million. Central Sun Mining was the owner of the Limon and the Orosi mines, and had an option to acquire 100% of the Mestiza gold mine, also located in Nicaragua. Inmet Mining Wants to Buy Petaquilla MineralsThursday, September 6, 2012 Inmet Mining has announced its offer to purchase common shares of Petaquilla Minerals for $114 million in cash or shares. The offer represents a premium of 37% compared to yesterday's closing price of Petaquilla Minerals shares on the Toronto Stock Exchange. Ascot Mining intersects Cajeta vein in Costa RicaMonday, November 10, 2008 Veritas Gold, a subsidiary of Ascot Mining, claims to have discovered high grade gold. A 150m main access tunnel was driven to successfully intersect the targeted Cajeta vein and a one-tonne bulk sample was obtained, which was crushed and processed to determine the gold content. Assaying returned grades of 41.2 grams per tonne. 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. Gold Confirmed in Santa Maria ProspectWednesday, January 19, 2011 Calibre Mining announced that initial field studies confirmed the presence of high grade gold veins. The mining company said in a press release that initial field exploration works have been completed at the prospect in Santa Maria, northwestern Nicaragua. Positive Nicaragua Orosi Mine feasibility studyFriday, May 9, 2008 Central Sun Mining Inc. reported results of a feasibility study on the Orosi Mine located in Nicaragua, including economic forecasts and independently prepared Mineral Resource and Mineral Reserve estimates. The Company is currently converting the Orosi Mine from a heap leach operation to a conventional milling operation. The Feasibility Study was commissioned by Scott Wilson Roscoe Postle Associates Inc. 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. Inmet Mining Presents Copper Mine Project to Local AuthoritiesTuesday, January 26, 2010 "Minera Panama", a subsidiary of Canadian corporation Inmet Mining, presented its cooper mining project to the technical council of the province of Colón. The project, dubbed "Panama Cobre", would be located in Coclé del Norte, Donoso district, and would require an investment of $3.5 billion. "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. Financing for Cobre Panama CompleteTuesday, May 22, 2012 After closing the bond issuance with $1.5 billion, Inmet Mining has announced that it has $6.2 billion funding available, to cover the cost of the mine in Donoso, Panama. The board of Inmet Mining, parent company of Minera Panama, has given permission for the construction of a copper mine in Donoso, Colon province. |
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Friday, March 24, 2023 - last update: 2:41 am
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