Business
IAMGOLD Announces Closing of Mines D'Or Orbec Acquisition
All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - IAMGOLD Corporation (...
About this update from Iamgold Corporation
[{"type":"text","content":"All monetary amounts are expressed in U.S. dollars, unless otherwise indicated.","length":79,"tagName":"p","attribs":{}},{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - December 22, 2025) - IAMGOLD Corporation (NYSE: IAG) (TSX: IMG) ("IAMGOLD" or the "Company") is pleased to announce that the Company has completed the previously announced plan of arrangement (the "Transaction") to acquire all of the issued and outstanding common shares of Mines D'Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) ("Orbec"). A final order was granted by the Ontario Superior Court of Justice on December 18, 2025, approving the plan of arrangement pursuant to which the Transaction was implemented.","length":591,"tagName":"p"},{"type":"text","content":""The acquisition of Orbec and the Muus Project provides additional potential in our IAMGOLD's newly formed Nelligan Mining Complex, which is located in the Chibougamau-Chapais region of Quebec, and is now among the largest pre-production gold projects in Canada," said Renaud Adams, President and Chief Executive Officer of IAMGOLD. "The Muus Project covers the intersection of two significant mineralized structures, including both the northeast trending Fancamp Deformation Zone, which is host to our high grade, underground Monster Lake deposit; as well as the East-West trending Guercheville Deformation Zone, which is host to both Nelligan and Philibert. We look forward to putting our drills to work next year with an expanded exploration program in the region."","length":792,"tagName":"p"},{"type":"text","content":"About IAMGOLD","length":13,"tagName":"p"},{"type":"text","content":"IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa, including Côté Gold (Canada), Westwood (Canada) and Essakane (Burkina Faso). The Côté Gold Mine achieved full nameplate in June 2025 and has the potential to be among the largest gold mines in Canada. IAMGOLD operates Côté Gold in partnership with Sumitomo Metal Mining Co. Ltd. In addition, the Company has an established portfolio of early stage and advanced exploration projects within high potential mining districts, including the Nelligan Mining Complex located in Quebec, Canada. IAMGOLD employs approximately 3,700 people and ...