TORONTO, Nov.

TORONTO, June 2 /PRNewswire-FirstCall/ - Inmet Mining Corporation (IMN-TSX) announced that it has reached an understanding to exchange its 18 percent equity interest in Ok Tedi Mining Limited (OTML) for a 5 percent net smelter return (NSR) royalty on revenues of product from the Ok Tedi mine. The proposed transaction has been structured to be neutral on a net asset value basis and to enable OTML to pursue certain projects outside the scope of its current activities while insulating Inmet's economic interest from the financial impact of OTML's future operating and capital costs. The understanding has been reached with the 52 percent majority shareholder of OTML, PNG Sustainable Development Programme Limited (PNG SDPL).

TORONTO, March 14 /PRNewswire-FirstCall/ -- Inmet Mining Corporation (IMN-TSX) today announced that the unlawful strike action at the Ok Tedi mine has ended. Ok Tedi's management has advised that employees have agreed to an amicable return to work as of Saturday, March 15, 2008.

The Papua New Guinea miner Ok Tedi Mining said Wednesday that it hoped an unauthorized strike over wages at its copper and gold mine in the western part of the country would end within 24 hours, after it sought assistance from labor negotiators.

TORONTO, March 12 /PRNewswire-FirstCall/ -- Inmet Mining Corporation (IMN-TSX) confirmed today that the Ok Tedi mine has been subjected to an illegal strike action by members of the Ok Tedi Mining and Allied Workers Union.