Iamgold Divests Project to Jaguar Mining Amid Licensing Setback
1 report, 1 independent
Updated Mon 00:00
AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Iamgold sold a project to Jaguar Mining on November 2, 2026. Separately, Jaguar Mining's Onças de Pitangui underground gold project in Minas Gerais, Brazil, was denied a combined Preliminary and Installation Licence by the state environmental authority on October 30, 2026. The authority cited insufficient technical data, though it did not find the project environmentally unfeasible.
From hawaiitelegraph.com
Why it matters
The divestiture reduces Iamgold's asset base. Meanwhile, the licensing denial for the Onças de Pitangui project requires Jaguar Mining to correct deficiencies in its Environmental Impact Study and resubmit the application.
From hawaiitelegraph.com
Who's involved
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The entities involved
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Iamgold
mining company from Canada for gold and niobium
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