09:50 AM EST - Inmet Mining Corporation : announced that First Quantum Minerals Ltd. has formally commenced its offer to acquire all of the outstanding shares of Inmet for total consideration of approximately $5.1 billion by mailing the takeover bid circular and related documents required to be sent to Inmet shareholders under applicable Canadian securities laws and filing such documents with Canadian securities regulators. Inmet Mining Corporation
shares T.IMN are trading up $0.91 at $73.16.
