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IAMGOLD sells stake in Ontario gold project to Sumitomo for $195 million

Cecilia Jamasmie | June 06, 2017 | 4:26 am Precious Metals Asia Canada Gold 

Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) is selling a 30% interest in its Côté Gold project, located in the Abitibi gold belt in Ontario, to Japan’s Sumitomo Metal Mining in a deal worth $195 million. As part of the transaction, the...

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