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Home > Company Index > Metals & Mining > Copper > Inmet Mining Corporation

Inmet Mining Corporation
OTC: IEMMF
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 PROFILE
Inmet Mining thinks base metals can provide a solid base for growth. The mining company emphasizes base metals such as copper and zinc, although gold accounts for over half of its sales. Inmet is involved in three producing mines: Troilus, a wholly owned gold mine in Quebec, Canada; Çayeli, a 49%-owned joint venture in Turkey that produces copper and zinc concentrates; and Ok Tedi, an 18%-owned copper mine in Papua New Guinea (that mine has come under fire because of pollution problems). The company also explores in other areas of Australia, Europe, and the Americas. Inmet and Boliden Ltd. have formed a joint venture to research the development of a large copper/zinc sulfide source in central Sweden.

 COMPETITION
Anglo American plc (AAUK)
Freeport-McMoRan Copper & Gold Inc. (FCX)
Newmont Mining Corporation (NEM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 71.10
1-Yr. Sales Growth: (11.8)%
Employees: 740
Revenue per employee: $96,081.08

 KEY PEOPLE
• Richard A. Ross
    CEO
• Jo-Anne Sayers
    CFO

 CONTACT INFO
Maritime Life Tower, 79 Wellington St. West, Ste. 3400
Toronto Ontario M5K 1A1, Canada
Phone: 1-416-361-6400
Fax: 1-416-368-4692
Online: Web Site

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