09:30 AM EST - Inmet Mining Corp. : announced a fourth-quarter net loss of $32.514 million or $0.67 per share compared to profit of $63.645 million or $1.32 per share a year ago. The company attributed the loss to a $0.71 per share write down of Cerattepe and lower metal prices. Net sales for the quarter plunged to $187,000 compared to $92.582 million last year. For the full year 2008, net income came in $216.922 million or $4.48 per share compared to $417.609 million or $8.65 per share in the prior year. Inmet Mining Corp.
shares T.IMN are trading down $0.64 at $25.97.
