Clive Newall

First Quantum to Keep Inmet Mines After Takeover Gets Support

First Quantum Minerals Ltd. plans to hold on to all of Inmet Mining Corp.’s operating assets and most of its employees after getting shareholder support for a C$5 billion ($4.9 billion) hostile takeover.

First Quantum Says It’s Confident Inmet Bid Will Get Support

First Quantum Minerals Ltd., a producer of copper in Africa, said it’s confident a C$5.1 billion ($5.2 billion) hostile bid for Inmet Mining Corp. will succeed after holding talks with shareholders.

First Quantum May Seek $1 Billion Compensation for Kolwezi Loss in Congo

First Quantum Minerals Ltd. , a Canadian mining company that produces copper in Africa, said it’s considering seeking compensation of more than $1 billion from Eurasian Natural Resources Corp. to cover financial losses at the Kolwezi project in the Democratic Republic of Congo.

First Quantum to Meet Inmet Investors to Sell $5.1 Billion Bid

First Quantum Minerals Ltd. will meet Inmet Mining Corp. investors to seek to win them over to its C$5.1 billion ($5.2 billion) takeover offer for the company after the target’s management this week rejected the approach.

First Quantum Hostile Inmet Bid Has Low Odds

First Quantum Minerals Ltd.’s C$5.1 billion ($5.2 billion) hostile bid for Inmet Mining Corp. will probably fail, based on the track record of Canadian deals over the past 12 years.

First Quantum Takes C$5.1 Billion Inmet Mining Bid Hostile

First Quantum Minerals Ltd., a producer of copper in Africa, took its C$5.1 billion ($5.17 billion) bid for Inmet Mining Corp. straight to shareholders as it seeks control of a project in Panama.

Inmet in Talks With Parties After Rejecting First Quantum

Inmet Mining Corp. said it’s in talks with several parties about other deals after recommending shareholders reject a C$5.1 billion ($5.1 billion) hostile takeover bid from First Quantum Minerals Ltd.

First Quantum Loses Mine Rights to Hong Kong Company, Congo Minister Says

Congo’s Mines Minister Martin Kabwelulu said his government gave the rights to two mines previously operated by First Quantum Minerals Ltd. to a Hong Kong-based company called Fortune.

Leucadia to Tender Inmet Shares to First Quantum Offer

Leucadia National Corp., Inmet Mining Corp.’s largest shareholder, plans to tender shares in the Canadian mining company in support of First Quantum Minerals Ltd.’s C$5.1 billion ($5.2 billion) hostile bid for Inmet.

First Quantum Chasing Inmet Seen Start of Bids: Real M&A

The cheapest copper mining deal in five years has traders convinced that First Quantum Minerals Ltd.’s latest bid for Inmet Mining Corp. won’t be its last.

"Fortunately those assets are extremely well-run, they have good guys operating them so we do not have to focus on them in the short run."

- Clive Newall on Mar 22, 2013

Africa

Panama

Mongolia

London

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