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Message: Market Chatter: Iamgold Explores Possible Sale; Shares Up 9% From Near 52 Week Lows

 

 
2019-05-16 04:47:54 PM ET (MT Newswires)
   
   

04:47 PM EDT, 05/16/2019 (MT Newswires) -- Canada's Iamgold Corp (IMG.TO, IAG) is exploring a possible sale of all or parts of the gold miner business, Bloomberg reported on Thursday, citing people familiar with the matter.

The company, which has four operating gold mines, is working with advisers and has been in talks with several potential buyers, according to the report.

Iamgold was not immediately available for comment.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 3.5200, Change: +0.3200, Percent Change: +10.00

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