Inmet Responds to Media Reports

TORONTO, CANADA -- (Marketwire) -- 11/13/12 -- In response to certain media reports, Inmet Mining Corporation (TSX: IMN) wishes to confirm that it is not in discussions with any party regarding the potential sale of the company or all or substantially all of its assets.

Inmet remains focused on building shareholder value by maximizing its operating assets and through the development of its Cobre Panama copper project.

About Inmet

Inmet is a Canadian-based global mining company that produces copper and zinc. We have three wholly-owned mining operations: Cayeli (Turkey), Las Cruces (Spain) and Pyhasalmi (Finland). We also have an 80 percent interest in Cobre Panama, a development property in Panama, currently in construction.

This press release is also available at www.inmetmining.com.

Contacts:

Inmet Mining Corporation

Flora Wood

Director, Investor Relations

(416) 361-4808
www.inmetmining.com