Inmet Mining Corporation
TSX : IMN

Inmet Mining Corporation

October 04, 2010 09:00 ET

Inmet Mining Announces Submission of the Cobre Panama Environmental and Social Impact Assessment to the Panamanian Environmental Regulatory Authority

TORONTO, ONTARIO--(Marketwire - Oct. 4, 2010) - Inmet Mining Corporation ("Inmet") (TSX:IMN) announced that its wholly owned subsidiary, Minera Panama S.A. (MPSA), has submitted the environmental and social impact assessment (ESIA) for the Cobre Panama copper project to the Autoridad Nacional del Ambiente (ANAM), the Panamanian environmental regulatory authority. The submittal of the ESIA is a significant milestone in the development of the project.

The ESIA was prepared by Golder Associates and describes the existing socio-environmental conditions in the project area, the likely impacts and benefits that will result from the project and the commitments that MPSA will undertake to minimize such impacts and enhance such benefits. It represents one of the most intensive studies ever undertaken of the socio-environmental context of the Atlantic slope of Panama. During the past 42 months, more than 40,000 person-hours of field time were recorded, involving more than 100 Panamanian and international experts in the preparation of the document. Three rounds of public consultation were undertaken in local communities. The ESIA document consists of 14,913 pages in 40 volumes.

The ESIA technical Executive Summary (in English and Spanish) and a plain language ESIA summary (in English) are available on Inmet's website (www.inmetmining.com). Electronic copies of the entire ESIA document (in English and Spanish) will be available on request by October 31.

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: Çayeli, Las Cruces, Pyhäsalmi and Ok Tedi. We also have a 100 percent interest in Cobre Panama, a development property in Panama.

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

Contact Information

  • Inmet Mining Corporation
    Craig Ford
    Vice President, People and Environment
    +1-416-860-3960
    www.inmetmining.com