IAMGOLD completes the sale of Rosebel gold mines to Zijin Mining

Published by Joe Toft, Editorial Assistant
Global Mining Review, Wednesday, 08 February 2023 14:00

IAMGOLD Corporation has announced that it has closed the previously announced sale of the company's 95% interest in Rosebel Gold Mines N.V. to Zijin Mining Group Co. Ltd. for cash consideration of approximately US$360 million and release of IAMGOLD's equipment lease liabilities amounting to approximately US$41 million. The remaining 5% interest in Rosebel will continue to be held by the Government of Suriname.

Maryse Bélanger, Chair of the Board and Interim President and CEO, said:

"On behalf of the company, we would like to thank the Rosebel team for their hard work and commitment."

"With the completion of the sale of Rosebel, IAMGOLD has achieved an important milestone in the company's strategy to create value for our stakeholders through disciplined portfolio management to fund the Côté Gold project. Côté Gold today is over 70% complete and remains on track for production in early 2024. This transaction, in addition to the previously announced sale of IAMGOLD's West African gold assets and the financing agreement with Sumitomo, ensures the current remaining funding requirements for completion of construction at Côté have been met."

Read the article online at: https://www.globalminingreview.com/finance-business/08022023/iamgold-completes-the-sale-of-rosebel-gold-mines-to-zijin-mining/

Global mining leaders arrive in Perth as GRX26 kicks off a week of international collaboration and innovation

Tuesday 05 May 2026 15:00

Perth is at the centre of global mining innovation this week, with international delegations, major mining companies, and technology leaders arriving for the Global Resources Innovation Expo 2026 (GRX26), hosted by leading peak bodies Austmine and AusIMM.

Maryse Bélanger, Chair of the Board and Interim President and CEO, said:

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