By Gary Park
Petroleum News Calgary correspondent 

Iamgold investors scuttle C$2.3 billion merger with Wheaton River Minerals

 


A proposal to create Canada's fourth largest gold miner has unraveled, with shareholders of Iamgold rejecting a controversial C$2.3 billion merger with Wheaton River Minerals.

Iamgold shareholders voted 58 percent against the plan July 6, reviving what had already been a tangled ownership battle involving two U.S.-based companies.

Denver-based Golden Star had previously launched a C$1.1 billi...



For access to this article please sign in or subscribe.






 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019