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Gold miner expands Quebec footprint with twin acquisitions to form major gold camp

From bnnbloomberg.ca

{video} IAMGOLD Corp. is expanding its holdings in Quebec’s Chibougamau region with two acquisitions worth nearly $392 million. The transactions will combine several neighbouring deposits to create what the company calls the fourth-largest pre-production gold camp in Canada. BNN Bloomberg spoke with Renaud Adams, president and CEO of IAMGOLD, about how the consolidation of the Nelligan and Monster Lake projects with new assets from Northern Superior Resources and Mines d’Or Orbec fits into the company’s broader growth strategy. Read the full transcript below: ROGER: Let’s take a quick look at the markets right now — ... (full story)

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  • Category: Fundamental Analysis