First Quantum ready to take over Inmet and create world’s biggest copper producer

By Cecilia Jamasmie

First Quantum Minerals (TSX:FM)(LON:FQM) is set to take control of fellow Canadian miner Inmet Mining Corp. (TSX:IMN) after announcing it was changing the terms of its hostile $5.1 billion takeover and extending the deadline by ten days.

In a statement late Tuesday, Vancouver-based First Quantum announced it has received strong endorsement …read more