The Canadian Environmental Assessment Agency commenced a federal environmental assessment for IAMGOLD's proposed Cote Gold Mine Project in Ontario and has invited the public to comment on which aspects of the environment may be affected by this project and what should be examined during the assessment.
IAMGOLD is proposing the construction, operation and decommissioning of an open-pit gold mine and associated infrastructure. The proposed mine site, located 20 kilometres southwest of the community of Gogama in northeastern Ontario, would process 60,000 tonnes per day of ore, with a mine life of approximately 15 years.
IMG shares were down 4% to $5.53 on volume of 922,000.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
