Inmet Mining
From Taighde
Inmet Mining is a mining company based in Canada. The company mines copper, zinc and gold and has operations and projects in Turkey, Finland, Canada, Papua New Guinea, Spain, and Panama.
Temasek Holdings purchased $490 million of subscription receipts on April 1, 2010. The 9,258,419 receipts turned into a 14.16% stake once they were converted in May 2011. Temasek holds this stake in its subsidiary Ellington Investments. The investment will be used to develop the Cobre Panama copper project and for general corporate purposes.
The Government Pension Fund of Norway held a 0.59% stake in the company as of December 31, 2009. The stake is valued at $20,072,100.
| Date | Ownership | Voting | Value |
|---|---|---|---|
| December 31, 2009 | 0.59% | 0.59% | $20,072,100 |
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