UPDATE 1-Inmet says Q2 production at Las Cruces below estimates

* Q2 copper cathode production at Las Cruces 6,600 tonnes

* Lowers production outlook for 2010

July 22 (BestGrowthStock) – Inmet Mining Corp (IMN.TO: ) said
quarterly copper cathode production at its Las Cruces project
in Spain missed its own estimates, hurt by equipment failures,
and lowered its 2010 production outlook from the mine.

The Canadian base metals miner said it produced 6,600
tonnes of copper cathode during the second quarter, compared
with a target of 12,400 tonnes.

The company also cut its outlook for copper cathode
production at Las Cruces to a range between 20,000 tonnes and
30,000 tonnes from 36,400 tonnes, due to continued operational
issues at the project.

Shares of the company closed at C$50.24 Thursday on the
Toronto Stock Exchange.

Stock Market Investing

(Reporting by Koustav Samanta in Bangalore; Editing by Don
Sebastian)

UPDATE 1-Inmet says Q2 production at Las Cruces below estimates