IAMGOLD Closes the Sale of its 100% Stake in the Karita Gold Project

IAMGOLD Corporation (IAG) has completed the sale of its 100% stake in the Karita Gold Project and related exploration assets in Guinea. This transaction fulfills a part of an agreement inked with Managem two years ago, under which IAG had committed to sell interests in its exploration and development projects in Senegal, Guinea and Mali. Per the deal, IAMGOLD would receive cash payments totaling $282 million.Progress on the IAMGOLD & Managem Deal So FarIAMGOLD had announced the deal with Managem on Dec. 20, ...