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Inmet Mining Corporation

02/13/2008


Inmet Mining Corporation - Correction from source

TORONTO, Feb. 13 /CNW/ - Inmet Mining Corporation (TSX-IMN) ("Inmet") - A correction from source is issued with respect to the Inmet press release issued February 12, 2007 at 9:11 am EST.

The fourth bullet on the first page entitled 2008 production estimates, should have read "We expect Inmet's share of copper production to increase by approximately 30 percent to 104,000 tonnes once Las Cruces begins production...".

In addition, the 2008 production objective for Las Cruces in the table at the bottom of page 8 of the press release should have read "18,900", which is Inmet's 70 percent share of Las Cruces' 2008 expected production of 27,000 tonnes. The total 2008 copper production objective in the table should therefore have read "103,800". The corrected table is set out below:

    <<
    Production
    -------------------------------------------------------------------------
                              three months               year ended     obj-
                         ended December 31              December 31   ective
    Inmet's share(1)  2007     2006 change     2007     2006 change     2008
    -------------------------------------------------------------------------
    Copper (tonnes)
      Ok Tedi        8,700    8,800    -1%   30,400   35,000   -13%   31,300
      Cayeli         9,100    7,700   +18%   32,500   30,400    +7%   33,600
      Pyhasalmi      3,300    3,200    +3%   13,600   13,000    +5%   13,000
      Las Cruces         -        -      -        -        -      -   18,900
      Troilus          600      700   -14%    2,800    2,900    -3%    7,000
    -------------------------------------------------------------------------
                    21,700   20,400    +6%   79,300   81,300    -2%  103,800
    -------------------------------------------------------------------------
    Zinc (tonnes)
      Cayeli        13,600   12,100   +12%   46,200   38,700   +19%   47,800
      Pyhasalmi     12,400    9,200   +35%   38,900   35,700    +9%   30,900
    -------------------------------------------------------------------------
                    26,000   21,300   +22%   85,100   74,400   +14%   78,700
    -------------------------------------------------------------------------
    Gold (ounces)
      Troilus       33,700   39,300   -14%  138,400  147,900    -6%  163,200
      Ok Tedi       23,500   24,800    -5%   84,900   99,000   -14%  121,300
    -------------------------------------------------------------------------
                    57,200   64,100   -11%  223,300  246,900   -10%  284,500
    -------------------------------------------------------------------------
    Pyrite (tonnes)
      Pyhasalmi    182,000  177,000    +3%  486,000  512,000    -5%  505,000
    -------------------------------------------------------------------------
    (1) Inmet's share represents 100 percent for Cayeli, Pyhasalmi and
        Troilus, 18 percent for Ok Tedi and 70 percent for Las Cruces.
    >>

About Inmet

Inmet is a Canadian-based global mining company that produces copper, zinc and gold. We have interests in four mining operations in locations around the world: Cayeli, Pyhasalmi, Troilus and Ok Tedi. We also have interests in two development properties, Las Cruces and Cerattepe, and one pre-development property, Petaquilla.

This press release is also available at www.inmetmining.com

 
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