trending Market Intelligence /marketintelligence/en/news-insights/trending/8l5hhZ8mCWgQ7104_amS3A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

IAMGOLD acquires 19.98% interest in TomaGold for US$2.5M

Blog

Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020


IAMGOLD acquires 19.98% interest in TomaGold for US$2.5M

IAMGOLD Corp. on Aug. 14 said it acquired 27,777,777 shares of TomaGold Corp., representing an around 19.98% interest in the latter.

The company purchased TomaGold shares at 9 U.S. cents apiece for a total of US$2.5 million.

The companies jointly own the Monster Lake gold project in Quebec on a 50/50 basis. IAMGOLD acts as the project operator and holds option to increase its stake to 75% by completing additional exploration expenditures by Jan. 1, 2022.