China National Gold studies bid for Canadian miner Iamgold

//China National Gold studies bid for Canadian miner Iamgold

China National Gold studies bid for Canadian miner Iamgold

China National Gold Group Corp, the nation’s second-biggest miner of the metal, is studying a bid for a stake in Canada’s Iamgold Corp, people familiar with the matter said. Iamgold shares jumped the most in more than four years on Thursday.The state-owned gold miner is working with financial advisers on the potential offer, the people said, asking not to be identified as the information is private. Iamgold is exploring a possible sale of all or part of the company and has spoken to several…

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By | 2019-06-21T01:37:26+00:00 June 21st, 2019|Business|Comments Off on China National Gold studies bid for Canadian miner Iamgold