Inmet Mining Corporation said that it is considering strategic alternatives including a sale or joint venture. Inmet has approached several unnamed third parties regarding possible transactions. David R. Beatty, Inmet's Chairman said, "The Board is engaged in a thorough and rigorous process aimed at investigating all potential strategic alternatives to maximize shareholder value." Canadian Imperial Bank of Commerce (CIBC) is acting as financial advisor and Torys LLP is acting as legal advisor for Inmet and the special committee of Inmet's Board is being advised by Scotiabank Global Banking and Markets.