Iamgold Completes Sale of Niobec

Iamgold Corp of Toronto, ON has completed the sale of its Niobec niobium mine in Quebec to a group of companies led by Magris Resources Inc for cash proceeds of CDN$500 million. With these approvals in place, the sale of Niobec is expected to close before the end of this month.

Volume 29 issue 2

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