09:48 AM EST - Inmet Mining Corporation : announced today that its Board of Directors, on the recommendation of its Special Committee of independent directors and with input from its and the Special Committee's financial and legal advisors, recommends that Inmet shareholders reject the unsolicited offer by First Quantum Minerals Ltd. to acquire Inmet for consideration of (a) cash, (b) First Quantum shares, or (c) a combination of cash and shares, and not tender their shares to the First Quantum Offer. Inmet Mining Corporation
shares T.IMN are trading up $0.32 at $71.26.