IAMGOLD Closes the Sale of its 100% Stake in the Karita Gold Project
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IAMGOLD has completed the sale of its 100% stake in the Karita Gold Project in Guinea to Managem, as part of a deal made in 2022. This divestment is part of IAMGOLD's strategy to streamline its asset portfolio.
December 24, 2024 | 3:45 pm
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IAMGOLD has sold its Karita Gold Project in Guinea to Managem, completing a deal from 2022. This move is part of IAMGOLD's strategy to streamline its asset portfolio.
The sale of the Karita Gold Project is a strategic move by IAMGOLD to focus on its core assets and streamline its portfolio. This could positively impact the stock as it may lead to a more focused and potentially more profitable operation.
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IMPORTANCE 80
RELEVANCE 90