IAMGOLD: The Quebec Buying Spree

FULL DISCLOSURE: Northern Superior Resources is a sponsor of theDeepDive.ca.

Hot on the heels of successfully getting the Cote mine to commercial production, IAMGOLD (TSX: IMG) has seemingly kept its eye steadily focused on growth. The intermediate gold producer this week announced not one, but two major transactions as it works to consolidate the Chibigamou region of Quebec, which houses both the Monster Lake and Nelligan properties.

This weeks acquisitions will result in the establishment of a new mining complex within IAMGOLD’s portfolio, while creating what will be one of the largest pre-production gold camps in the country with tens of millions of gold ounces in resources across all categories. Sound intriguing?

Lets dive in.


FULL DISCLOSURE: Northern Superior Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Northern Superior Resources on The Deep Dive, with The Deep Dive having full editorial control. This is not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Brixton Wraps Camp Creek Drilling With 17.58 Metres of 1.47 g/t Gold Equivalent

Related News

IAMGOLD Sees Executives Continue To Depart Company

The management exodus for IAMGOLD (TSX: IMG) continued late on Friday. The firm has seemingly...

Monday, October 3, 2022, 08:36:25 AM

IAMGOLD Q1 2025: Record Revenue Can’t Offset Rising Cost, Leading To Earnings Drop

IAMGOLD Corporation (TSX: IMG) reported Q1 2025 results marked by record revenues of $477.1 million—up...

Wednesday, May 7, 2025, 10:04:00 AM

IAMGOLD Drills 19 Meters At 5.15 g/t Gold In Nelligan Project

IAMGOLD Corporation (TSX: IMG) has released new assay results from its 2024 drilling program at...

Wednesday, October 23, 2024, 08:46:00 AM

IAMGOLD Sells Off Royalty And Streaming Assets For $17.5 Million

IAMGOLD Corp (TSX: IMG) has reportedly sold off a portfolio of royalty and streams to...

Wednesday, June 18, 2025, 08:59:53 AM

Franco-Nevada: The Cote Gold Mine Royalty Purchase

Another major royalty transaction took place last week, which follows Solaris securing funding for their...

Saturday, June 7, 2025, 05:04:00 PM