Panama rejects the acquisition by Inmet of Petaquilla Minerals’ concession
Petaquilla Minerals (TSX:PTQ) was up 7% to 61 cents this morning as the gold producer announced Wednesday that the Department of Mineral Resources of the Republic of Panama rejected a petition filed by Minera Panama, S.A., a subsidiary of Inmet Mining Corporation, in respect to the area known as the San Juan concession.