Iamgold acquires royalty on Doyon mine from Barrick for US$13 million
The Canadian Press reports Iamgold Corp., gold producer has acquired the participation royalty on Doyon-Westwood property, Quebec from Barrick Gold for US$13 million in cash. The Doyon mine is nearing the end of its operating life and Iamgold is aiming to begin producing gold, silver, copper and zinc from its nearby Westwood deposit, about two kilometres east of Doyon, by 2010. Joseph [...]
