Inmet Mining Corporation
TSX : IMN

Inmet Mining Corporation

February 13, 2008 09:20 ET

Inmet Mining Corporation - Correction from source

TORONTO, ONTARIO--(Marketwire - Feb. 13, 2008) - Inmet Mining Corporation (TSX:IMN) ("Inmet") - A correction from source is issued with respect to the Inmet press release issued February 12, 2007 at 9:11 am EST.

The fourth bullet on the first page entitled 2008 production estimates, should have read "We expect Inmet's share of copper production to increase by approximately 30 percent to 104,000 tonnes once Las Cruces begins production...".

In addition, the 2008 production objective for Las Cruces in the table at the bottom of page 8 of the press release should have read "18,900", which is Inmet's 70 percent share of Las Cruces' 2008 expected production of 27,000 tonnes. The total 2008 copper production objective in the table should therefore have read "103,800". The corrected table is set out below:



Production
-------------------------------------------------------------------------
three months year ended obj-
ended December 31 December 31 ective
Inmet's share(1) 2007 2006 change 2007 2006 change 2008
-------------------------------------------------------------------------
Copper (tonnes)
Ok Tedi 8,700 8,800 -1% 30,400 35,000 -13% 31,300
Cayeli 9,100 7,700 +18% 32,500 30,400 +7% 33,600
Pyhasalmi 3,300 3,200 +3% 13,600 13,000 +5% 13,000
Las Cruces - - - - - - 18,900
Troilus 600 700 -14% 2,800 2,900 -3% 7,000
-------------------------------------------------------------------------
21,700 20,400 +6% 79,300 81,300 -2% 103,800
-------------------------------------------------------------------------
Zinc (tonnes)
Cayeli 13,600 12,100 +12% 46,200 38,700 +19% 47,800
Pyhasalmi 12,400 9,200 +35% 38,900 35,700 +9% 30,900
-------------------------------------------------------------------------
26,000 21,300 +22% 85,100 74,400 +14% 78,700
-------------------------------------------------------------------------
Gold (ounces)
Troilus 33,700 39,300 -14% 138,400 147,900 -6% 163,200
Ok Tedi 23,500 24,800 -5% 84,900 99,000 -14% 121,300
-------------------------------------------------------------------------
57,200 64,100 -11% 223,300 246,900 -10% 284,500
-------------------------------------------------------------------------
Pyrite (tonnes)
Pyhasalmi 182,000 177,000 +3% 486,000 512,000 -5% 505,000
-------------------------------------------------------------------------
(1) Inmet's share represents 100 percent for Cayeli, Pyhasalmi and
Troilus, 18 percent for Ok Tedi and 70 percent for Las Cruces.


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.

This press release is also available at www.inmetmining.com

Contact Information

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