IAMGOLD Announces That Effective November 30, 2024, Co Has Exercised The Right To Repurchase The 9.7% Interest Of The Côté Gold Mine That Was Transferred To Sumitomo Metal Mining Co. Through The Amended Côté Gold Joint Venture Agreement; Transaction Returns IAMGOLD To Its 70% Interest In Côté Gold
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.
Toronto, Ontario--(Newsfile Corp. - December 2, 2024) - IAMGOLD Corporation (TSX:IMG) (NYSE:IAG) ("IAMGOLD" or the "Company") is pleased to announce that effective November 30, 2024, it has exercised the right to repurchase the 9.7% interest of the Côté Gold Mine ("Côté Gold") that was transferred to Sumitomo Metal Mining Co., Ltd. ("Sumitomo") through the amended Côté Gold Joint Venture Agreement announced on December 19, 2022. This transaction returns IAMGOLD to its full 70% interest in Côté Gold.
