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Sumitomo backs IAMGold project

New Canadian project gets closer to fruition

Alex Hamer
The symbol's on the Côté: IAMGold is gunning for production at the Côté project in Ontario

The symbol's on the Côté: IAMGold is gunning for production at the Côté project in Ontario

The Côté project, near Golgama, has probable reserves of 5.9 million ounces of gold and an estimated annual production of 320,000oz over 17 years.  The NAV (5% discount) would be $703 million and the...

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