25 October 2022
IAMGOLD Corporation (IAMGOLD), announced on Tuesday, Oct. 18, that it had entered into a definitive agreement with Zijin Mining Group Co. Ltd. (Zijin) to sell its 95% interest in Rosebel Gold Mines N.V. (RGM). In January of this year, IAMGOLD announced that a strategic review would take place for RGM, which would include looking at the option for sale. The strategic review had to take place because, among other things, IAMGOLD is currently facing a budgetary gap for the Côte Gold project in Canada, which makes new investment in the RGM operation particularly difficult.
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