Canadian gold miner IAMGOLD Corporation has agreed to sell its 95% interest in Rosebel Gold Mines to Chinese mining company Zijin Mining Group for $360 million in cash. The transaction also consists of the release of equipment lease liabilities worth approximately $41 million of IAMGOLD. The Government of Suriname owns the remaining 5% stake in […]
Gold Royalty Corp. said that it has closed the acquisition of an existing net smelter return royalty of 0.75% from an existing royalty holder on a part of the Côté Gold Project in Ontario, Canada, owned by IAMGOLD Corporation, as the operator, and Sumitomo Metal Mining. As per the terms of the deal, Gold Royalty […]
Monarch Gold has wrapped up its CAD11.5 million sale of its Fayolle gold project in Quebec, Canada to rival Canadian gold mining company IAMGOLD. The Fayolle property is said to be an advanced high-grade gold asset comprising 39 mineral claims that span an area of 1,373 hectares across the Aiguebelle and Cléricy townships, located nearly […]
AngloGold Ashanti (AGA) and its joint venture partner IAMGOLD (IMC) have signed a deal to sell their stake of 82% in the producing Sadiola Gold Mine in Mali to Allied Gold for $105 million, as per the latest mining acquisition news. In this connection, AngloGold Ashanti and IAMGOLD are selling their interests in Société d’Exploitation […]
MONTREAL, Jan. 23, 2019 /CNW Telbec/ – TOMAGOLD CORPORATION (TSXV: LOT) (“TomaGold” or the “Corporation”) is pleased to announce that its joint venture partner, IAMGOLD Corporation (“IAMGOLD”), has started a new 5,000-metre drilling program on the Monster Lake property, located 50 kilometres southwest of Chibougamau, Quebec. The objective of the drilling program is to evaluate […]