Inmet Mining Corp (TSE:IMN) announced that the Ok Tedi transaction has been completed.
Inmet Mining Corp (TSX:IMN) announced that the Ok Tedi transaction has been completed.
The press release is quoted as saying:
Inmet received gross proceeds of US$335 million which resulted in net proceeds received by Inmet of approximately US$307 million, after withholding taxes paid in Papua New Guinea (PNG). There will be no further Canadian or PNG taxes owing with respect to this transaction and the withholding taxes of US$28 million paid in PNG will be available as a credit to reduce income taxes otherwise payable in Canada.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1773.05 | -5.33 | |
Silver | 19.99 | -0.25 | |
Copper | 3.63 | +0.01 | |
Palladium | 2121.45 | -15.12 | |
Platinum | 932.41 | +2.41 | |
Oil | 89.40 | -0.01 | |
Heating Oil | 3.46 | +0.04 | |
Natural Gas | 9.29 | +0.56 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.