February 13, 2008 / 2:54 PM / 10 years ago

RPT-Inmet Mining quarterly profit slumps 35 percent

(Repeats Feb. 12 story with no changes to text. Corrects alert on copper production after Inmet revised its forecast for copper production to an increase of 30 percent to 104,000 tonnes once Las Cruces begins production. The company had previously said it expected copper production to increase 40 percent to 112,000 tonnes)

TORONTO, Feb 12 (Reuters) - Inmet Mining Corp IMN.TO said on Tuesday its fourth-quarter profit fell 35 percent, as the Canadian copper, zinc and gold miner was hurt by a stronger domestic currency.

The company earned C$63.6 million, or C$1.32 per share, in final three months of 2007. That’s down from C$97.4 million, or C$2.02 a share, a year earlier.

$1=$1 Canadian Reporting by Jonathan Spicer; Editing by Bernadette Baum

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