Outperform rating for Inmet on Cobre Panama stake sale - RBC

Apr 26, 2012 | 06:22 AM |

Analysts at RBC Capital Markets have issued an outperform recommendation for mid-tier copper miner Inmet, as the $169 million sale of a 20% stake in its Minera Panama operation to Korean Panama Mining Corp (KPMC) closes. Minera Panama is the owner and developer of the Cobre Panama copper-gold-molybdenum project, located 120km west of Panama City. “KPMC has acquired its interest for $169 million....

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