IAMGOLD buys Monarch's Fayolle deposit for $11.5m

Canada’s Monarch Gold (TSX: MQR) is selling its Fayolle property in western Quebec to fellow miner IAMGOLD Corporation (TSX: IMG) (NYSE: IAG) in a cash and share deal valued at $11.5 million. The Montreal-based company said the transaction will see IAMGOLD...