Iamgold To Spend $620M On Gold-Rich Trelawney Mining
In the deal, Iamgold would acquire all Trelawney stock to assume ownership of its Cote Lake Project, whose estimated gold reserves would nearly double Iamgold's existing estimated cache. The site is more than 200 miles northwest of Sudbury, Ontario.
Existing Trelawney investors are set to receive $3.30 per share,...
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