11:50 AM EST - Inmet Mining Corp. : reported first-quarter net income of $79.87 million or $1.42 per share, compared to $51.33 million or $1.06 per share last year. Gross sales grew to $251.56 million from $239.15 million in the same quarter a year earlier. The company noted that higher copper and zinc prices increased sales by $55 million compared to the same quarter of 2009. Inmet Mining Corp.
shares T.IMN are trading down $1.08 at $56.00.
