-Iamgold Corp Announces Receipt of Usd49m Cash From La Arena Option

Summary


EQUITYBITES-(C)2011 M2 COMMUNICATIONS

Gold mining company IAMGOLD Corp (TSX:IMG) (NYSE:IAG) (BOTSWANA:IAMGOLD) said on Wednesday that Rio Alto Mining Ltd has exercised its option to acquire 100% of the former's Peruvian copper/ gold project for USD49m cash.

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Extract


-Iamgold Corp Announces Receipt of Usd49m Cash From La Arena Option

In June 2009, IAMGOLD Corp had finalise...

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