Deals
Iamgold Explores Sale Amid Gold Sector Consolidation
- Canadian miner is working with advisers on potential sale
- Miner’s shares fall 36% this year, ratings cut by analysts
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Canadian miner Iamgold Corp. is exploring a possible sale of all or part of the company amid a wave of consolidation in the gold sector, according to people familiar with the matter.
The Toronto-based miner is working with advisers and has spoken to several potential buyers, said the people, who asked not to be identified because the matter is private.