Inmet Mining Corporation was a mining company headquartered in Toronto. In 2013, the company was acquired by First Quantum Minerals in a hostile takeover.
The company held an 18% stake in Ok Tedi Mining Limited. The company had mines in Çayeli, Turkey; Las Cruces, Spain; and Pyhäsalmi, Finland. It was also developing a mine in Cobre Panama, Panama.
History
The company was founded in 1987.
In 1996, the company commissioned the Troilus mill, which began production in 1997. Homestake Mining Company agreed to acquire a majority interest in the mine in 1997 but backed out of the deal.[1] The mine was shut in 2010.[2]
In 2003, the company acquired a mine in Turkey from