Inmet to Announce Third Quarter 2012 Financial Results November 1, 2012 Followed by Conference Call and Webcast November 2, 2012

TORONTO, CANADA -- (Marketwire) -- 10/16/12 -- Inmet Mining Corporation (Inmet) (TSX: IMN) will be releasing its third quarter results on Thursday, November 1, 2012 after the close of trading and will conduct a live audio webcast and conference call discussing the results on Friday, November 2, 2012 at 8:30 a.m. Eastern Time. The call will be hosted by Jochen Tilk, President and Chief Executive Officer.

You are cordially invited to listen to the third quarter results conference call via audio webcast through either http://events.digitalmedia.telus.com/inmet/110212/index.php or www.inmetmining.com. After the broadcast, an archive of the audio webcast will be available on both websites.

Interested persons who are unable to connect to the audio webcast can listen to the third quarter results conference call by dialing +1 416-340-8530 (local/international) or toll free +1 877-240-9772 (North America only). No passcode is required for the live conference call.

A conference call replay will be available beginning November 2, 2012 at 10:30 a.m. and will run until November 16, 2012 at midnight. The dial-in numbers for the replay are as follows: +1 905 694-9451 (local/international) or toll-free +1 800 408-3053 (North America only) with each number to be followed by passcode 7349975.

About Inmet

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

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

Contacts:

Inmet Mining Corporation

Flora Wood

Director, Investor Relations

+1 416 361 4808
www.inmetmining.com