trending Market Intelligence /marketintelligence/en/news-insights/trending/3Q4uQlvV8Ffta5xSq4tRxA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

IAMGOLD increases stake in Nelligan gold project in Quebec to 75%

Mining Exploration Insights - April 2020

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results

State of the Market: Mining Q2-2019


IAMGOLD increases stake in Nelligan gold project in Quebec to 75%

IAMGOLD Corp. increased its stake in the Nelligan gold project in Quebec to 75% from 51% by paying Vanstar Mining Resources Inc. C$2.4 million in advance.

The payment is in line with IAMGOLD's option to acquire up to 80% of the project, signed with Vanstar in February 2018.

IAMGOLD can earn an additional 5% stake by delivering a feasibility study.

Vanstar currently retains a 25% interest and a 1% net smelter return in the project.

In October, IAMGOLD reported an estimated initial inferred resource of 97.0 million tonnes averaging 1.02 g/t gold for 3.2 million ounces of contained gold for Nelligan.