Iamgold May Spend as Much as $1 Billion on Gold Acquisitions in Americas

Bloomberg reported that Iamgold (NYSE:IAG) is seeking to acquire additional gold assets in the Americas.

As quoted in the market news:

The miner will focus its search in the Americas, and will also consider deals in West Africa, spokesman Bob Tait said in an interview yesterday at Iamgold’s Toronto headquarters. “Ideally we’d like to find something in areas where we already have an established presence,” Tait said.

Click here to read the full Bloomberg report.