Inmet Mining Corporation is a Canadian-based global mining company that produces copper, zinc and gold. The Company has operations and development projects in Turkey, Finland, Canada, Papua New Guinea, Spain and Panama. Cayeli Bakir Isletmeleri A.S. is a wholly owned subsidiary of Inmet Mining Corporation. Its main asset is the Cayeli copper and zinc mine. The Cayeli mine is located in the province of Rize near the Black Sea coast of northeastern Turkey. Pyhasalmi Mine Oy is a wholly owned subsidiary of the Company. Its main asset is the Pyhasalmi copper and zinc mine. Pyhasalmi holds both mining concession leases and holds over 3,000 hectares of exploration claims throughout Finland. Troilus operates as a division of the Company. The Troilus property includes one mining lease covering an area of 840 hectares. On September 19, 2008, the Company acquired approximately 95% of Petaquilla Copper Ltd., which held a 26% ownership in the Petaquilla project.