Inmet Mining Corporation

Inmet Mining Corporation

March 14, 2008 10:14 ET

Inmet Mining Announces End of Ok Tedi Strike Action

TORONTO, ONTARIO--(Marketwire - March 14, 2008) - Inmet Mining Corporation (TSX:IMN) today announced that the unlawful strike action at the Ok Tedi mine has ended. Ok Tedi's management has advised that employees have agreed to an amicable return to work as of Saturday, March 15, 2008.

The strike action will result in lost production of approximately 2,500 tonnes of copper contained in concentrates (Inmet's share-450 tonnes) and 6,400 ounces of contained gold (Inmet's share-1,200 ounces).

About Inmet - Inmet is a Canadian-based global mining company that produces copper, zinc and gold. We have interests in four mining operations in locations around the world: Cayeli, Pyhasalmi, Troilus and Ok Tedi. We also have interests in two development properties, Las Cruces and Cerattepe, and one pre-development property, Petaquilla.

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Contact Information

  • Inmet Mining Corporation
    Jochen Tilk
    President and Chief Operating Officer
    (416) 860-3972