TORONTO In the end, after all the shouting, IAMGOLD shareholders failed to approve the proposed merger with WHEATON RIVER MINERALS. The vote followed weeks of offers and counteroffers in the form of separate takeover attempts. GOLDEN STAR RESOURCES offered to buy up IamGold, and COEUR D’ALENE MINES wants Wheaton River. Evidently, their offers are still on the table.
We expect more news on this subject will reach us in the next few weeks.