Inmet Takeover

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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RabidTiger

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Inmet Takeover

posted on Nov 28, 2012 06:04PM

Inmet was nearly taken over by First Quantum today for $4.9 billion. Inmet's primary asset is the huge Cobre Panama project in Panama. It looks like there is still an appetite for acquiring mega projects. Let's hope First Quantum is still looking.

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