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Canadian gold miner Petaquilla rejects Inmet’s $112 million bid

Cecilia Jamasmie | October 15, 2012 | 4:54 pm Base Metals Precious Metals Canada Europe Latin America Copper Gold 

Petaquilla Minerals Ltd. (TSX:PTQ) has rejected as inadequate an unsolicited, a $112-million takeover bid for the company by Inmet Mining Corp. (TSX:IMN), which operates a gold mine adjacent to Petaquilla’s Molejon project in Panama. The Canadian gold producer said in...

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