IAMGOLD (TSE:IMG) has released an update.
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IAMGOLD has regained a 70% ownership stake in the Côté Gold Mine by repurchasing a 9.7% interest from Sumitomo Metal Mining for approximately $377 million. This strategic move underscores IAMGOLD’s commitment to advancing one of Canada’s largest gold mines, with the Côté Gold project expected to reach full operational capacity next year.
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