NGD - Iamgold: Coté About To Become The Third-Largest Gold Mine In Canada
2025-06-27 11:07:14 ET
Precious Metals: A Tiny Corner Within Global Markets
What is the link between IAMGOLD ( IAG ) and New Gold ( NGD ) that I covered just a few days ago? The answer is Renaud Adams , who was at the helm of New Gold from 2018 to 2022 before moving to his current position as IAMGOLD's President and CEO in March 2023 . It was under his leadership that New Gold announced the sale of its Blackwater Project to Artemis Gold ( ARTG:CA ) in June 2020 . As discussed in a previous article , I view the CAD190 million Blackwater acquisition as one of the best mining deals of the last few years; that is for Artemis' early shareholders. It highlights once again the fact that desperate sellers often create the best buying opportunities....
Iamgold: Coté About To Become The Third-Largest Gold Mine In Canada