Mid-tier gold miner IAMGOLD Corp. has entered into a definitive agreement with Zijin Mining to sell its 95% interest in Rosebel Gold Mines N.V. for cash consideration of US$360 million and release of its equipment lease liabilities amounting to $41 million. Rosebel holds a 100% interest in the Rosebel gold mine and a 70% participating interest in the Saramacca mine,…Read More
Tag: IAMGOLD Corp.
Jaguar Mining identifies extension of highly prospective Greenstone Belt
Jaguar Mining released an exploration update from its strategic Iron Quadrangle joint venture with IAMGOLD Corp., noting the identification of five new high-potential trends over a 50 kilometer strike length in the mineral-rich region of Brazil. Jon Hill, vice president of geology and exploration at Jaguar Mining, said that the exploration team had made exceptional progress over the past year.…Read More