Iamgold buys Monarch Gold's Fayolle for $11.5M

Monarch Gold (TSX: MQR) is selling its Fayolle property in western Quebec to Iamgold (TSX: IMG; NYSE: IAG) in a cash and share deal valued at $11.5 million. The Montreal-based company said the transaction will see Iamgold issuing $9.7 million...

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